Michael G. Field - 30 Jan 2025 Form 4 Insider Report for Polar Power, Inc. (POLA)

Reporting relationship: Director
Issuer ticker: POLA
Reported as of: 30 Jan 2025
Net transaction value: +$7,849
SEC form: 4
Accepted by SEC: 11 Mar 2025, 09:01:03 UTC
Prior SEC filing: 11 Mar 2025
Source filing: View source filing
Reporting owner signature: /s/ MICHAEL G. FIELD

Key filing fact

Michael G. Field filed Form 4 for Polar Power, Inc. (POLA) on 11 Mar 2025.

Key facts

This page summarizes Michael G. Field's Form 4 filing for Polar Power, Inc. (POLA).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 11 Mar 2025, 09:01.

Change

Previous filing in this sequence was filed on 11 Mar 2025.
Current net transaction value: +$7,849.

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

POLA transaction

Common Stock

Award

Transaction value: $7,849
Shares: +2,679
Change %
Price: $2.93
Shares after: 2,679
Date: 30 Jan 2025
Ownership: Direct
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Michael G. Field and the Registrant signed an offer letter (the "Offer Letter") on July 24, 2024. The Registrant effected a 1:7 reverse stock split (the "Split") on November 18, 2024. Pursuant to the Offer Letter, Michael Field chose to receive 18,750 shares of Common Stock, or 2,679 shares of Common Stock on a post-Split basis, under the 2016 Omnibus Incentive Plan, instead of a cash payment of $7,500 per quarter for the fourth quarter of 2024.