SOMO DAVID M 4
4 · Ideal Power Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Ideal Power (IPWR) CEO David M. Somo Buys 90,909 Shares
What Happened
David M. Somo, President, CEO and a director of Ideal Power, acquired 90,909 shares of Ideal Power common stock on 2026-02-25 at $2.75 per share, for a total cash outlay of $250,000. The filing shows this as a purchase (code P), which is an acquisition of shares rather than a sale.
Key Details
- Transaction date: 2026-02-25; SEC Form 4 filed 2026-02-26 (timely filing).
- Price and size: 90,909 shares at $2.75 per share; total value $250,000.
- Acquisition type: Purchase in an underwritten public offering (per footnote). Shares were bought at the same price as the public offering.
- Lock-up: Shares are subject to a 90-day lock-up under the underwriters’ agreement (footnote F1).
- Shares owned after transaction: Not specified in the Form 4 filing.
- No 10b5-1 plan, option exercise, gift, or tax-withholding notation was indicated in the filing.
Context
Purchases by executives are often watched by retail investors as a potential positive signal, but filings do not disclose the insider’s motive. This transaction was part of an offering and includes a standard short-term lock-up, which restricts immediate resale.
Insider Transaction Report
Form 4
Ideal Power Inc.IPWR
SOMO DAVID M
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
[F1]2026-02-25$2.75/sh+90,909$250,000→ 338,347 total
Footnotes (1)
- [F1]Represents the purchase of shares of common stock in an underwritten public offering at the same price paid by the public. The shares are subject to a lock-up provision for a period of 90 days, as required under a lock-up agreement with the underwriters of the public offering.
Signature
/s/ Timothy Burns, Attorney-in-Fact|2026-02-26