Ideal Power Inc. — Director's Dealing 2026

Jan 5, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ideal Power Inc. (IPWR)
CIK: 0001507957
Period of Report: 2026-01-02

Reporting Person: Lesster Laban E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-02	Common Stock	A	18182	—	Acquired	42166	Direct

Footnotes

F1: Represents restricted stock units (RSUs) granted to the reporting person under the issuer's 2013 Equity Incentive Plan, as amended and restated to date. Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest in four equal installments on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026, provided that the reporting person remains in continuous service with the issuer as of each vesting date.