---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-006162"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:28:57.916925+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# iPower grants 1.2M stock options to CEO Lawrence Tan at $1.43 exercise price

## Summary
- 1,200,000 options granted under 2020 Equity Incentive Plan; exercise price $1.43 (110% of FMV on grant date).
- Options vest: 30,000 immediate on Aug 29, 2024; 32,500 monthly from Sept 1, 2024 to Aug 1, 2027.
- Option term is 5 years; award subject to standard vesting conditions and plan terms.
- Grant recommended by compensation committee and approved by board on August 29, 2024.

## SEC filing metadata
- accession: 0001683168-24-006162
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316824006162/0001683168-24-006162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316824006162/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-006162
- JSON: https://secwatch.observer/filing/0001683168-24-006162.json
- Plain text: https://secwatch.observer/filing/0001683168-24-006162.txt

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