SEC Form 4 · accession 0001437749-26-022555

Ideal Power Inc. · IPWR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Timothy Burns

Officer — CFO

Period of report

Jun 1, 2026

Accepted (ET)

Jul 2, 2026 · 5:01 pm EDT

Rule 10b5-1 plan

box not checked

Issuer CIK

0001507957

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Jun 1, 2026	M	6,666	$0.00	A	97,412	D
Common Stock^F2	Jun 1, 2026	F	2,624	$7.30	D	94,788	D
Common Stock^F3	Jun 3, 2026	M	6,667	$0.00	A	101,455	D
Common Stock^F2	Jun 3, 2026	F	2,624	$7.46	D	98,831	D
Common Stock^F4	Jun 5, 2026	M	6,667	$0.00	A	105,498	D
Common Stock^F2	Jun 5, 2026	F	2,624	$6.03	D	102,874	D
Common Stock^F2	Jun 12, 2026	F	2,928	$6.10	D	99,946	D
Common Stock^F2	Jun 20, 2026	F	5,247	$6.04	D	94,699	D
Common Stock^F5	Jun 22, 2026	A	20,000	$0.00	A	114,699	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Stock Units^F6	—	Jun 1, 2026	M	6,666	D	—	Jun 12, 2028	Common Stock	6,666	13,334	D
Performance Stock Units^F6	—	Jun 3, 2026	M	6,667	D	—	Jun 12, 2028	Common Stock	6,667	6,667	D
Performance Stock Units^F6	—	Jun 5, 2026	M	6,667	D	—	Jun 12, 2028	Common Stock	6,667	0	D

Explanation of responses

F1Performance-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.
F2Represents 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.
F3PSUs 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.
F4PSUs 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.
F5Represents 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
F6Represents 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.