SOMO DAVID M 4

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.