[Form 4] Ideal Power Inc. Insider Trading Activity
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 Trade Summary
| 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 |
Footnotes (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.