Schaffner Brian Paul 4
4 · Expion360 Inc. · Filed Aug 1, 2025
Insider Transaction Report
Form 4
Expion360 Inc.XPON
Schaffner Brian Paul
Director
Transactions
- Award
Stock Option (Right to Buy)
2025-07-31+43,519→ 43,519 totalExercise: $0.77From: 2025-07-31Exp: 2035-07-31→ Common Stock (43,519 underlying)
Footnotes (2)
- [F1]The exercise price of the Options (as defined below) was determined based on the closing price of the Issuer's common stock, par value $0.001 per share, on the date the Options were conditionally approved by the compensation committee of the board of directors.
- [F2]Reflects a grant of stock options (the "Options") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan (the "Plan"). The Options were approved by the compensation committee of the board of directors on April 9, 2025, subject to stockholder approval of an increase in the number of shares available for issuance under the Plan under which the Options were granted (the "Plan Amendment"). The Plan Amendment was approved by stockholders on July 31, 2025. The Options vested in full and became immediately exercisable on July 31, 2025.