CHENLONG TAN - 12 Nov 2025 Form 4 Insider Report for iPower Inc. (IPW)

Role: CEO & Chairman, Director, 10%+ Owner
Signature: /s/ Chenlong Tan
Issuer symbol: IPW
Transactions as of: 12 Nov 2025
Net transactions value: $0
Form type: 4
Filing time: 13 Nov 2025, 21:40:13 UTC
Previous filing: 27 Nov 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
TAN CHENLONG	CEO & Chairman, Director, 10%+ Owner	C/O IPOWER INC., 8798 9TH STREET, RANCHO CUCAMONGA	/s/ Chenlong Tan	13 Nov 2025	0001738954

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IPW	Common Stock	Award	$0	+81,136	+64%	$0.000000	207,866	12 Nov 2025	Direct	F1, F2
holding	IPW	Common Stock						133,334	12 Nov 2025	Held by TCL 23 NV Revocable Trust	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 12, 2025, the Reporting Person was grated 81,136 RSUs calculated based on the closing price on the grate date. The RSUs vested immediately.
F2	Settlement of the vested RSUs shall occur on the earliest of the following Code Section 409A-permitted payment events: (1) change of control of the Company that qualifies as a "change in control event" as defined under Code Section 409A; (2) Reporting Person's separation from service (subject to any required delay under the Amended and Restated 2020 Equity Incentive Plan; (3) upon Reporting Person's death or disability, or (4) in the event of an "unforeseeable financial emergency," as defined under Code Section 409A.
F3	Held by TCL 23 NV Revocable Trust, a trust beneficially owned by the Reporting Person, which shares were previously held by the Reporting Person directly.