---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-128452"
form_type: "8-K"
ticker: "IPWR"
cik: "0001507957"
company_name: "Ideal Power Inc."
filed_at: "2021-10-21T23:59:59+00:00"
generated_at: "2026-06-28T19:11:17.751529+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ideal Power announces passing of Chairman David B. Eisenhaure

## Summary
- David B. Eisenhaure, Chairman of the Board, passed away unexpectedly on October 21, 2021.
- Eisenhaure served on the Board since August 2013 and was named Chairman in June 2020.
- Board had already begun identifying candidates for new directors and will now appoint a new Chairman.
- CEO Dan Brdar praised Eisenhaure's strategic guidance, technical expertise, and business acumen.

## SEC filing metadata
- accession: 0001104659-21-128452
- form_type: 8-K
- ticker: IPWR
- cik: 0001507957
- company_name: Ideal Power Inc.
- filed_at: 2021-10-21T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507957/000110465921128452/0001104659-21-128452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507957/000110465921128452/tm2130789d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-128452
- JSON: https://secwatch.observer/filing/0001104659-21-128452.json
- Plain text: https://secwatch.observer/filing/0001104659-21-128452.txt

## Key facts
- Executive change
  David B. Eisenhaure departed as Chairman of the Board of Directors at Ideal Power Inc..
  - Action: passed away
  - Role: Chairman of the Board of Directors
  source text: On October 21, 2021, Ideal Power Inc. (“Ideal Power”) announced that David B. Eisenhaure, Chairman of the Board of Directors, passed away unexpectedly.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507957/000110465921128452/0001104659-21-128452-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.