Expion360 Inc. — Director's Dealing 2025

Oct 21, 2025

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Expion360 Inc. (XPON)
CIK: 0001894954
Period of Report: 2025-09-03

Reporting Person: Bowin Shawna Lee (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4370	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option (Right to Buy)	$345.00	2034-03-11	Common Stock (25)		Direct
Option (Right to Buy)	$345.00	2034-03-11	Common Stock (25)		Direct
Option (Right to Buy)	$0.769	2035-07-31	Common Stock (4819)		Direct

Footnotes

F1: Reflects a grant of stock options (the "Options") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan. The Options vest and become exercisable in 12 equal quarterly installments, commencing June 30, 2024 and continuing through March 31, 2027, subject to the Reporting Person's continued service to the Issuer through each such vesting date.