Expion360 VP Finance granted 10,514 stock units

Expion360 Inc. (XPON) reported that its VP, Finance, as the reporting person, received an equity compensation grant in the form of restricted stock units.

Rhea-AI Filing Summary

Expion360 Inc. (XPON) reported that its VP, Finance, as the reporting person, received an equity compensation grant in the form of restricted stock units. The grant covered 10,514 RSUs, each representing a contingent right to receive one share of Expion360 common stock, and these RSUs vested in full on the grant date.

After this award, the reporting person’s holdings consist of 19,211 shares of common stock and 404 shares that may be acquired through stock options exercisable within 60 days of August 25, 2026, for total reported beneficial ownership of 19,615 shares, all held directly.

Insider Trade Summary

Grant/Award: 10,514 shares

Grant/Award 1 txn

Insider Bowin Shawna Lee

Role VP, Finance

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	10,514	$0.00	$0.00

Holdings After Transaction: Common Stock — 19,615 shares (Direct)

Footnotes (2)

1. F1. Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share. The RSUs vested in full on the grant date.
2. F2. Includes (i) 19,211 shares of Common Stock, and (ii) 404 shares of Common Stock, which the Reporting Person has the right to acquire upon the exercise of stock options exercisable within 60 days of August 25, 2026.

Key Figures

RSUs granted: 10,514 shares Common Stock held after transaction: 19,211 shares Stock options exercisable: 404 shares +2 more

5 metrics

RSUs granted 10,514 shares Restricted stock units granted to the VP, Finance; vested in full on grant date

Common Stock held after transaction 19,211 shares Shares of Expion360 Inc. common stock held following the RSU grant

Stock options exercisable 404 shares Shares the reporting person may acquire upon exercise of stock options exercisable within 60 days of August 25, 2026

Total beneficial ownership after transaction 19,615 shares Total of common stock and option shares reported as beneficially owned after the award

Transaction price per share $0.0000 Reported per-share price for the RSU grant classified as a grant/award acquisition

Key Terms

restricted stock units, 2021 Incentive Award Plan, contingent right, beneficially own

4 terms

restricted stock units financial

"Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2021 Incentive Award Plan financial

"made to the Reporting Person under the Issuer's 2021 Incentive Award Plan"

contingent right financial

"Each RSU represents a contingent right to receive one share"

beneficially own financial

"Includes (i) 19,211 shares of Common Stock, and (ii) 404 shares"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did XPON disclose in this Form 4?

The filing reports that the VP, Finance received a grant of 10,514 restricted stock units (RSUs) of Expion360 Inc., which vested in full on the grant date and represent rights to receive the company’s common stock.

How many Expion360 (XPON) shares does the reporting person beneficially own after this transaction?

Following the grant, the reporting person beneficially owns 19,615 shares, consisting of 19,211 shares of common stock and 404 shares that may be acquired upon exercise of stock options exercisable within 60 days of August 25, 2026.

Was the XPON insider transaction a purchase or a grant of stock?

It was a grant of restricted stock units (RSUs) classified as a grant, award, or other acquisition. The transaction did not involve an open-market purchase or sale, and the reported price per share is $0.0000 because it is an award.

Under what plan were the XPON RSUs granted to the VP, Finance?

The 10,514 RSUs were granted under Expion360 Inc.’s 2021 Incentive Award Plan. Each RSU represents a contingent right to receive one share of the company’s common stock, par value $0.001 per share.

Do the granted XPON RSUs vest over time or immediately?

According to the disclosure, the 10,514 RSUs vested in full on the grant date. This means the reporting person’s right to receive the underlying shares became fully vested immediately upon grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/25/2026 - 09:55 PM EDT Accepted by SEC EDGAR 08/25/2026 - 09:55 PM EDT Learn about SEC filing dates

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
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^*

Bowin Shawna Lee

(Last) (First) (Middle)

2025 SW DEERHOUND AVE

(Street)

REDMOND OREGON 97756

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Expion Energy, Inc. [ XPON ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Finance

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/13/2026		A		10,514(1)	A	$0.00	19,615(2)	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. Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share. The RSUs vested in full on the grant date.

2. Includes (i) 19,211 shares of Common Stock, and (ii) 404 shares of Common Stock, which the Reporting Person has the right to acquire upon the exercise of stock options exercisable within 60 days of August 25, 2026.

	/s/ Shawna Bowin	08/25/2026
	** 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.
* Form 4: SEC 1474 (03-26)