Form 4: Ideal Power CFO Timothy Burns Reports Routine Tax Withholding on RSU Vesting

Ideal Power Inc.'s Chief Financial Officer, Timothy Burns, reported the disposition of 5,639 common shares at $4.22 each, representing shares withheld for tax obligations upon the vesting of a restricted stock unit award.

Summary

• Timothy Burns, the Chief Financial Officer (CFO) of Ideal Power Inc. (IPWR), reported a transaction on June 20, 2025.
• The transaction involved the disposition of 5,639 shares of Ideal Power Inc. Common Stock.
• The shares were disposed of at a price of $4.22 per share.
• This disposition was not a sale but represented shares withheld by the issuer to cover tax withholding obligations upon the vesting of a restricted stock unit (RSU) award.
• Following this transaction, Mr. Burns directly beneficially owns 94,353 shares of Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding event related to RSU vesting, which is neutral in terms of company performance or outlook. It reflects a standard compensation practice.

Positives

• The transaction indicates the vesting of a restricted stock unit award, which is a positive for the CFO as it represents earned compensation.
• The CFO continues to hold a significant number of shares (94,353), indicating continued alignment with shareholder interests.

Negatives

• The disposition of shares, even for tax purposes, results in a reduction of the CFO's direct shareholding.

Future Outlook

No forward-looking statements or guidance are provided in this document.

Industry Context

This is a routine insider transaction filing (Form 4) related to executive compensation. Such filings are common for publicly traded companies when executive equity awards vest and do not typically provide broader industry trends or competitive insights.

Related Party Transactions

• The transaction itself is a related party transaction between the company and its CFO, involving the vesting of a restricted stock unit award and subsequent tax withholding.

Stakeholder Impact

• Shareholders: Minimal direct impact. The transaction is a routine part of executive compensation and does not indicate a change in company fundamentals or strategy. It confirms the vesting of executive equity.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Key Dates

Recommendation

Keywords

Ideal Power Inc., IPWR, Timothy Burns, CFO, Form 4, SEC filing, insider transaction, restricted stock unit, RSU vesting, tax withholding, common stock, beneficial ownership