Field Michael George bought POLA
January 30, 2025 · Form 4 insider transaction
Field Michael George bought 2,679 shares of Polar Power, Inc. at $2.93 per share, a transaction worth $7.8K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 40 days after the transaction.
Direction
Acquired (buy-side)
Shares
2,679
Price
$2.93
Total value
$7.8K
InsiderField Michael George
Role—
CompanyPolar Power, Inc. (POLA)
SecurityCommon Stock
Transaction codeA: Grant or award
Transaction dateJanuary 30, 2025
Filing dateMarch 11, 2025
Shares owned after2,679
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Michael G. Field and the Registrant signed an offer letter (the "Offer Letter") on July 24, 2024. The Registrant effected a 1:7 reverse stock split (the "Split") on November 18, 2024. Pursuant to the Offer Letter, Michael Field chose to receive 18,750 shares of Common Stock, or 2,679 shares of Common Stock on a post-Split basis, under the 2016 Omnibus Incentive Plan, instead of a cash payment of $7,500 per quarter for the fourth quarter of 2024.