Steve Shum - 31 Jul 2025 Form 4 Insider Report for Expion360 Inc. (XPON)

Reporting relationship: Director
Issuer ticker: XPON
Reported as of: 31 Jul 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Aug 2025, 21:58:30 UTC
Prior SEC filing: 01 Apr 2025
Next SEC filing: 03 Oct 2025
Source filing: View source filing
Reporting owner signature: /s/ Brian Schaffner, Attorney-in-Fact for Steve Shum

Key filing fact

Steve Shum filed Form 4 for Expion360 Inc. (XPON) on 01 Aug 2025.

Key facts

This page summarizes Steve Shum's Form 4 filing for Expion360 Inc. (XPON).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 01 Aug 2025, 21:58.

Change

Previous filing in this sequence was filed on 01 Apr 2025.
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 0001578898 Primary reporting owner

Shum Steve

Relationship: Director
Address: 2025 SW DEERHOUND AVE, REDMOND
Signature: /s/ Brian Schaffner, Attorney-in-Fact for Steve Shum
Signature date: 01 Aug 2025

Reported non-derivative transactions

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

XPON transaction

Common Stock

Award

Transaction value: $0
Shares: +5,000
Change %: +91%
Price: $0.000000
Shares after: 10,522
Date: 31 Jul 2025
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

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

XPON transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +5,000
Change %
Price: $0.000000
Shares after: 5,000
Date: 31 Jul 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $0.9329
Footnotes: F3, F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan (the "Plan"). Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share ("Common Stock"). The RSUs vested in full on July 31, 2025.

Footnote F2

Includes (i) 122 shares of Common Stock, (ii) 5,000 RSUs, which were granted to the Reporting Person on July 31, 2025 as reported herein, and (iii) 5,400 shares of Common Stock, which the Reporting Person has the right to acquire upon the exercise of stock options exercisable within 60 days of July 31, 2025.

Footnote F3

The exercise price of the Options (as defined below) was determined based on the closing price of the Common Stock on the date the Options were conditionally approved by the board of directors.

Footnote F4

Reflects a grant of stock options (the "Options") made to the Reporting Person under the Plan. The Options were approved by the board of directors on April 28, 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.