NeoVolta (NEOV) CFO logs 240,000 RSU forfeiture and 352,531 option grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

NeoVolta Inc. Chief Financial Officer Steve Bond reported two equity compensation changes involving derivative securities. On February 23, 2026, he disposed of 240,000 restricted stock units back to the company in an issuer disposition and received a new employee stock option grant for 352,531 shares.

The footnotes explain that each restricted stock unit represented one share of common stock and that the RSUs had been scheduled to vest annually starting February 4, 2026, conditioned on continued employment. The newly granted options vest 25% on issuance and 25% on each of February 4, 2027, February 4, 2028, and February 4, 2029, subject to his continued service.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bond Steve

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Disposition	Restricted Stock Units	240,000	$0.00	--
Grant/Award	Employee Stock Option (Right to buy)	352,531	$0.00	--

Holdings After Transaction: Restricted Stock Units — 50,000 shares (Direct); Employee Stock Option (Right to buy) — 402,531 shares (Direct)

Footnotes (1)

Each restricted stock unit represented a contingent right to receive one shares of Company common stock. The reporting person was granted 240,000 restricted stock units (RSUs), which were scheduled to vest in four equal annual installments, commencing February 4, 2026, provided the reporting person is serving as an employee of the Company on such date. Issued in connection with the reporting person's employment with the Company. Employee Stock Options vest as follows: 25% on issuance and 25% on each of February 4, 2027; February 4, 2028; and February 4, 2029, subject to reporting person's continued service to the Company on each vesting date.

Form 4 Insider Transactions: What Each Field Means →

02/25/2026 - 05:23 PM

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Bond Steve

(Last)

(First)

(Middle)

C/O NEOVOLTA, INC.

12195 DEARBORN PLACE

(Street)

POWAY

92064

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
NeoVolta Inc. [ NEOV ]

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

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	02/23/2026		D			240,000	⁽²⁾	⁽²⁾	Common Stock	240,000	⁽³⁾	50,000	D
Employee Stock Option (Right to buy)	$3.54	02/23/2026		A		352,531		02/23/2026⁽⁴⁾	02/23/2031	Common Stock	352,531	⁽³⁾	402,531	D

Explanation of Responses:

1. Each restricted stock unit represented a contingent right to receive one shares of Company common stock.

2. The reporting person was granted 240,000 restricted stock units (RSUs), which were scheduled to vest in four equal annual installments, commencing February 4, 2026, provided the reporting person is serving as an employee of the Company on such date.

3. Issued in connection with the reporting person's employment with the Company.

4. Employee Stock Options vest as follows: 25% on issuance and 25% on each of February 4, 2027; February 4, 2028; and February 4, 2029, subject to reporting person's continued service to the Company on each vesting date.

	/s/ Steve Bond	02/25/2026
	** 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).
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did NeoVolta (NEOV) report for CFO Steve Bond?

NeoVolta reported that CFO Steve Bond disposed of 240,000 restricted stock units back to the company and received a grant of 352,531 employee stock options. Both transactions occurred on February 23, 2026 and relate to his employment-based equity compensation.

Were Steve Bond’s NeoVolta (NEOV) Form 4 transactions open-market buys or sells?

The reported transactions were not open-market buys or sells. They consisted of an issuer disposition of 240,000 restricted stock units and a grant of 352,531 employee stock options, both classified as derivative equity awards tied to his role as Chief Financial Officer.

How many NeoVolta (NEOV) restricted stock units did the CFO dispose of?

Steve Bond disposed of 240,000 restricted stock units back to NeoVolta. Each unit represented a contingent right to receive one share of common stock, and the RSUs had been scheduled to vest in four equal annual installments beginning February 4, 2026, subject to continued employment.

What are the terms of the 352,531 NeoVolta (NEOV) stock options granted to the CFO?

The 352,531 employee stock options granted to Steve Bond vest over several years. According to the filing, 25% vest on issuance, with additional 25% tranches vesting on February 4, 2027, February 4, 2028, and February 4, 2029, contingent on his continued service.

How do the vesting conditions work for NeoVolta (NEOV) restricted stock units previously granted to the CFO?

The filing states the 240,000 restricted stock units were scheduled to vest in four equal annual installments starting February 4, 2026. Vesting required Steve Bond to be serving as an employee of NeoVolta on each vesting date, making them contingent on ongoing employment.

What type of securities are involved in Steve Bond’s NeoVolta (NEOV) Form 4 filing?

The Form 4 involves derivative securities: restricted stock units and employee stock options. Each restricted stock unit corresponded to one share of common stock, while the options provide a right to buy shares under a vesting schedule linked to his continued service with NeoVolta.