SEC Form 3 · accession 0001493152-26-040605

Polar Power, Inc. · POLA

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

Reporting owner

Director

Period of report

Aug 17, 2026

Accepted (ET)

Aug 28, 2026 · 4:30 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001622345

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Convertible Note^F2,F1	—	holding	—	—	—	Jun 30, 2026	Dec 30, 2027	Common Stock	763,889	—	I
Common Stock Purchase Warrant^F2,F3	$1.64	holding	—	—	—	Jul 21, 2026	Jul 21, 2029	Common Stock	83,841	—	I

F1The maximum number of shares issuable upon conversion of the Convertible Note is 763,889 shares of the issuer's common stock, par value $0.0001 per share (the "Common Stock"). The conversion price equals 90% of the lowest daily VWAP of the Issuer's Common Stock in the 7 trading days ending on the date of the delivery of the applicable conversion notice, subject to a floor price while the Common Stock is listed on the trading market. The figure of 763,889 assumes that the Convertible Note converts at the floor price set forth in the Convertible Note. The exact number of shares that may be issued is not currently determinable because the applicable conversion prices are variable and are determined by reference to the market price of our Common Stock at the time of conversion. The conversion of the Convertible Note is subject to a beneficial ownership limitation of 9.99% of the outstanding shares of Common Stock.
F2Consists of securities held by Mayers Ventures LLC ("Mayers"), and may be deemed to be indirectly beneficially owned by Menny Shalom, who may be deemed to have sole voting and dispositive power with respect to the shares held by Mayers. Mr. Shalom disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3The exercise of the Common Stock Purchase Warrant is subject to a beneficial ownership limitation of 9.99% of the outstanding shares of Common Stock.