Vanka Krishna C 4
4 · Flux Power Holdings, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Flux Power (FLUX) CEO Vanka Krishna Receives RSUs, Sells Shares
What Happened
Vanka Krishna, CEO, President and Director of Flux Power Holdings (FLUX), had 40,650 restricted stock units (RSUs) vest on July 1, 2026 (reported as exercise/conversion of a derivative, code M). Following the vesting, 20,633 of the resulting shares were sold in an open-market, sell-to-cover transaction on July 2, 2026 at a weighted average price of $0.87, generating approximately $17,893 in proceeds. The sale was to satisfy tax withholding obligations and was not a discretionary market sell.
Key Details
- Transaction dates: RSU vest/conversion on 2026-07-01 (code M); sell-to-cover sale on 2026-07-02 (code S).
- Sale price: weighted average $0.87 per share (range $0.8301–$0.9101). Total proceeds reported: $17,893.
- Shares from vesting: 40,650 RSUs vested into 40,650 shares; 20,633 of those shares were sold to cover taxes, leaving about 20,017 shares from this vesting (not including any prior holdings).
- Footnotes: F1 – RSUs were granted 8/1/2025 and vested 7/1/2026 as the first annual tranche of a 3‑year schedule. F2 – weighted average sale price and range disclosed; issuer to provide breakdown on request. F3 – sale was a sell-to-cover to satisfy tax withholding (not discretionary).
- Filing timeliness: Form 4 filed 2026-07-06 covering transactions on 7/1 and 7/2; filing is within the standard two-business-day window for the most recent transaction and therefore appears timely.
Context
- This was not a purchase signal; the primary action was RSU vesting and a routine sell-to-cover for taxes. For derivative transactions: “M” indicates conversion/exercise of a derivative (here, RSUs converting to common shares).
- The sale does not necessarily reflect the insider’s view of the company’s near-term prospects since it was performed solely to meet tax obligations tied to vesting.
Insider Transaction Report
Form 4
Vanka Krishna C
DirectorCEO and President
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-07-01+40,650→ 40,650 total - Sale
Common Stock
[F2][F3]2026-07-02$0.87/sh−20,633$17,893→ 20,017 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-07-01−40,650→ 81,301 total→ Common Stock (40,650 underlying)
Footnotes (3)
- [F1]On August 1, 2025, the reporting person was granted restricted stock units ("RSUs"), which vested on July 1, 2026. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs are scheduled to vest annually over 3 years, with the first vest date on July 1, 2026, subject to the Reporting Person's continued employment or service through each vest date.
- [F2]The price reported in Column 4 is a weighted average price. The shares were pooled and sold in multiple transactions, at prices ranging from $0.8301 to $0.9101, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of the RSUs. The sale is made to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
Signature
/s/ Kevin S. Royal, Attorney-in-fact|2026-07-06