Menachem Shalom - 02 Sep 2026 Form 4 Insider Report for Polar Power, Inc. (POLA)

Reporting relationship: Director
Issuer ticker: POLA
Reported as of: 02 Sep 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 08 Sep 2026, 16:40:10 UTC
Prior SEC filing: 28 Aug 2026
Source filing: View source filing
Reporting owner signature: /s/ Menachem Shalom

Key filing fact

Menachem Shalom filed Form 4 for Polar Power, Inc. (POLA) on 08 Sep 2026.

Key facts

This page summarizes Menachem Shalom's Form 4 filing for Polar Power, Inc. (POLA).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 08 Sep 2026, 16:40.

Change

Previous filing in this sequence was filed on 28 Aug 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002030245 Primary reporting owner

Shalom Menachem

Relationship: Director
Address: C/O POLAR POWER, INC., 249 E. GARDENA BLVD., GARDENA
Signature: /s/ Menachem Shalom
Signature date: 08 Sep 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

POLA transaction Derivative

Convertible Note

Sale

Transaction value
Shares: -763,889
Change %: -100%
Price
Shares after: 0
Date: 02 Sep 2026
Ownership: See Footnote
Underlying class: Common Stock
Underlying amount: 763,889
Exercise price
Footnotes: F1, F2, F3

POLA transaction Derivative

Common Stock Purchase Warrant

Sale

Transaction value
Shares: -83,841
Change %: -100%
Price
Shares after: 0
Date: 02 Sep 2026
Ownership: See Footnote
Underlying class: Common Stock
Underlying amount: 83,841
Exercise price: $1.64
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The maximum number of shares issuable upon conversion of the Convertible Note is 763,889 shares of the issuer's common stock, par value $0.0001 per share (the "Common Stock"). The conversion price equals 90% of the lowest daily VWAP of the issuer's Common Stock in the 7 trading days ending on the date of the delivery of the applicable conversion notice, subject to a floor price while the Common Stock is listed on the trading market. The figure of 763,889 assumes that the Convertible Note converts at the floor price set forth in the Convertible Note. The exact number of shares that may be issued is not currently determinable because the applicable conversion prices are variable and are determined by reference to the market price of the Common Stock at the time of conversion.

Footnote F2

On September 2, 2026, Mayers Ventures LLC ("Mayers") and Mandragola Ltd. (the "Assignee") entered into a Securities Assignment and Assumption Agreement pursuant to which Mayers assigned to the Assignee (i) the Convertible Note issued to Mayers by the issuer on June 30, 2026 and (ii) the Common Stock Purchase Warrant issued to Mayers by the issuer on July 21, 2026, for an aggregate purchase price of $325,000.

Footnote F3

Consists of securities held by Mayers and may be deemed to be indirectly beneficially owned by Menny Shalom, who may be deemed to have sole voting and dispositive power with respect to the shares held by Mayers. Mr. Shalom disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.