STOCK TITAN

[Form 4] Ideal Power Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ideal Power Inc. CFO Timothy Burns reported a series of equity compensation transactions, mainly awards and option-style exercises rather than open-market trades. On June 22, 2026, he received a grant of 20,000 restricted stock units (RSUs) that vest in three equal annual installments on June 22, 2027, June 22, 2028 and June 22, 2029, subject to continued employment.

On June 1, 3 and 5, 2026, performance-based stock units (PSUs) were earned based on pre-established common stock price appreciation metrics and were exercised to acquire a total of 20,000 shares of common stock. Across those vesting events, 16,047 shares were withheld by the company at prices around $6.03–$7.46 per share to cover tax obligations, which the filing notes did not involve any market sale of shares. After these transactions, Burns directly owned 114,699 shares of Ideal Power common stock.

Positive

  • None.

Negative

  • None.

Insights

CFO activity reflects routine equity compensation: PSU vesting, tax withholding, and a new RSU grant.

The transactions for Ideal Power CFO Timothy Burns center on equity awards. He exercised performance stock units on June 1, 3 and 5, 2026 to receive 20,000 shares of common stock, consistent with pre-set price appreciation metrics described in the footnotes.

To satisfy tax obligations on PSU and RSU vesting, the company withheld 16,047 shares at prices between $6.03 and $7.46 per share, explicitly without market sales. On June 22, 2026, Burns also received a 20,000-share RSU grant vesting over three years.

Following these actions, he directly held 114,699 shares of common stock. Given the absence of open-market buying or selling and the reliance on tax withholding rather than discretionary sales, the filing points to standard compensation and vesting mechanics rather than a directional bet on Ideal Power’s share price.

Insider BURNS TIMOTHY
Role CFO
Type Security Shares Price Value
Grant/Award Common Stock 20,000 $0.00 --
Tax Withholding Common Stock 5,247 $6.04 $32K
Tax Withholding Common Stock 2,928 $6.10 $18K
Exercise Performance Stock Units 6,667 $0.00 --
Exercise Common Stock 6,667 $0.00 --
Tax Withholding Common Stock 2,624 $6.03 $16K
Exercise Performance Stock Units 6,667 $0.00 --
Exercise Common Stock 6,667 $0.00 --
Tax Withholding Common Stock 2,624 $7.46 $20K
Exercise Performance Stock Units 6,666 $0.00 --
Exercise Common Stock 6,666 $0.00 --
Tax Withholding Common Stock 2,624 $7.30 $19K
Holdings After Transaction: Common Stock — 114,699 shares (Direct, null); Performance Stock Units — 0 shares (Direct, null)
Footnotes (1)
  1. Performance-based stock units ("PSUs") for shares of the issuer's common stock were earned on June 1, 2026, based on the achievement of pre-established common stock price appreciation metrics. Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of PSU or restricted stock unit (RSUs) awards. No issuance or sale of securities occurred in connection with the tax withholding. PSUs for shares of the issuer's common stock were earned on June 3, 2026, based on the achievement of pre-established common stock price appreciation metrics. PSUs for shares of the issuer's common stock were earned on June 5, 2026, based on the achievement of pre-established common stock price appreciation metrics. Represents RSUs granted to the reporting person under the issuer's Amended and Restated 2013 Equity Incentive Plan (the 2013 Plan). Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest in three equal annual installments on June 22, 2027, June 22, 2028 and June 22, 2029, provided that the reporting person remains employed by the issuer as of each vesting date Represents PSUs granted to the reporting person under the 2013 Plan. Each PSU represents the contingent right to receive one share of the issuer's common stock. The PSUs vest in three equal tranches at such time or times prior to June 12, 2028 that certain common stock price appreciation metrics are achieved, provided that the reporting person remains employed by the issuer as of each vesting date.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BURNS TIMOTHY

(Last)(First)(Middle)
5508 HIGHWAY 290 WEST
SUITE 120

(Street)
AUSTIN TEXAS 78735

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ideal Power Inc. [ IPWR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026M6,666(1)A$097,412D
Common Stock06/01/2026F2,624(2)D$7.394,788D
Common Stock06/03/2026M6,667(3)A$0101,455D
Common Stock06/03/2026F2,624(2)D$7.4698,831D
Common Stock06/05/2026M6,667(4)A$0105,498D
Common Stock06/05/2026F2,624(2)D$6.03102,874D
Common Stock06/12/2026F2,928(2)D$6.199,946D
Common Stock06/20/2026F5,247(2)D$6.0494,699D
Common Stock06/22/2026A20,000(5)A$0114,699D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Stock Units(6)06/01/2026M6,666 (6)06/12/2028Common Stock6,666$013,334D
Performance Stock Units(6)06/03/2026M6,667 (6)06/12/2028Common Stock6,667$06,667D
Performance Stock Units(6)06/05/2026M6,667 (6)06/12/2028Common Stock6,667$00D
Explanation of Responses:
1. Performance-based stock units ("PSUs") for shares of the issuer's common stock were earned on June 1, 2026, based on the achievement of pre-established common stock price appreciation metrics.
2. Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of PSU or restricted stock unit (RSUs) awards. No issuance or sale of securities occurred in connection with the tax withholding.
3. PSUs for shares of the issuer's common stock were earned on June 3, 2026, based on the achievement of pre-established common stock price appreciation metrics.
4. PSUs for shares of the issuer's common stock were earned on June 5, 2026, based on the achievement of pre-established common stock price appreciation metrics.
5. Represents RSUs granted to the reporting person under the issuer's Amended and Restated 2013 Equity Incentive Plan (the 2013 Plan). Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest in three equal annual installments on June 22, 2027, June 22, 2028 and June 22, 2029, provided that the reporting person remains employed by the issuer as of each vesting date
6. Represents PSUs granted to the reporting person under the 2013 Plan. Each PSU represents the contingent right to receive one share of the issuer's common stock. The PSUs vest in three equal tranches at such time or times prior to June 12, 2028 that certain common stock price appreciation metrics are achieved, provided that the reporting person remains employed by the issuer as of each vesting date.
/s/ Timothy Burns07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)