Ideal Power (IPWR) CEO joins offering, buys 90,909 shares

Rhea-AI Filing Summary

Ideal Power Inc. President and CEO David M. Somo bought 90,909 shares of common stock at $2.75 per share in an underwritten public offering, paying the same price as the public. After this purchase, he owns 338,347 shares directly, which are subject to a 90-day lock-up provision.

SEC Form 4

FORM 4

UNITED 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

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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^*

SOMO DAVID M

(Last) (First) (Middle)

5508 HIGHWAY 290 WEST

SUITE 120

(Street)

AUSTIN TX 78735

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ideal Power Inc. [ IPWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/25/2026		P		90,909(1)	A	$2.75	338,347	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the purchase of shares of common stock in an underwritten public offering at the same price paid by the public. The shares are subject to a lock-up provision for a period of 90 days, as required under a lock-up agreement with the underwriters of the public offering.

	/s/ Timothy Burns, Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What insider transaction did Ideal Power (IPWR) report on this Form 4?

Ideal Power reported that President and CEO David M. Somo purchased 90,909 shares of common stock. The shares were acquired in an underwritten public offering at the same price paid by the public investors.

How many Ideal Power (IPWR) shares did the CEO buy and at what price?

David M. Somo purchased 90,909 Ideal Power common shares at $2.75 per share. This price matches the amount paid by public investors in the related underwritten public offering.

What is David M. Somo’s total Ideal Power (IPWR) ownership after the trade?

Following the reported purchase, David M. Somo directly owns 338,347 shares of Ideal Power common stock. This total reflects his holdings after acquiring 90,909 additional shares in the underwritten offering.

Was the Ideal Power (IPWR) CEO’s share purchase part of a public offering?

Yes. The filing states the 90,909 shares were purchased in an underwritten public offering. The CEO paid the same price as the public participants in that offering, $2.75 per share.

Are the CEO’s newly purchased Ideal Power (IPWR) shares subject to a lock-up?

Yes. The newly acquired shares are subject to a 90-day lock-up provision. This lock-up is required under a lock-up agreement with the underwriters of the public offering described in the filing footnote.

Is the Ideal Power (IPWR) CEO’s ownership direct or through another entity?

The Form 4 identifies the ownership as direct. The transaction is coded as direct ownership, with no indication in the footnotes that another entity holds voting or investment power over the purchased shares.