Ibrahim Amany 4

What Happened

• Ibrahim Amany, Chief Operating Officer of NeoVolta Inc. (NEOV), acquired 37,500 shares on March 19, 2026 through the exercise/conversion of a derivative (reported as code M). The filing shows price = N/A, indicating shares were issued on vesting/conversion of restricted stock units (no cash exercise price). The Form 4 lists both the acquisition of 37,500 shares and the corresponding derivative termination for 37,500 units.

Key Details

• Transaction date: 2026-03-19. Form 4 filed: 2026-03-23 (filed within the standard 2 business-day window).
• Transaction code: M (exercise or conversion of a derivative). Shares acquired: 37,500. Price: N/A (RSU conversion/vest).
• Shares owned after the transaction: not disclosed in the filing.
• Footnotes: F1 notes each restricted stock unit (RSU) equals a contingent right to one share. F2 indicates a 450,000 RSU award granted Oct 1, 2025 that vests in twelve equal quarterly installments (450,000 / 12 = 37,500 per quarter). F3: award was issued in connection with employment.
• No 10b5-1 plan, tax withholding, or sale information was reported in this filing.

Context

• This was a routine compensation event: RSUs vested and converted into common shares. There was no open‑market purchase or sale reported, so it should not be read as a direct bullish or bearish trade by the insider — it's a standard vesting/compensation realization. The filing reports both the conversion (acquisition of shares) and the termination of the underlying derivative units.