X0508 4 2024-06-20 0001507957 Ideal Power Inc. IPWR 0001520107 BURNS TIMOTHY 5508 HIGHWAY 290 WEST SUITE 120 AUSTIN TX 78735 1 CFO 0 Common Stock 2024-06-20 4 A 0 40000 0 A 86879 D Represents restricted stock units (RSUs) granted to the reporting person under the issuer's 2013 Equity Incentive Plan, as amended and restated to date (the 2013 Plan). Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest in three equal annual installments on June 20, 2025, June 20, 2026 and June 20, 2027, provided that the reporting person remains employed by the issuer as of each vesting date. /s/ Timothy Burns 2024-06-21