Tien Q. Nguyen - Jul 31, 2025 Form 4 Insider Report for Expion360 Inc. (XPON)

Role
Director
Signature
/s/ Brian Schaffner, Attorney-in-Fact for Tien Q. Nguyen
Stock symbol
XPON
Transactions as of
Jul 31, 2025
Transactions value $
$0
Form type
4
Date filed
8/1/2025, 09:58 PM
Previous filing
Aug 28, 2023

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nguyen Tien Quoc Director 2025 SW DEERHOUND AVE, REDMOND /s/ Brian Schaffner, Attorney-in-Fact for Tien Q. Nguyen 2025-08-01 0001991527

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPON Common Stock Award $0 +5K +97.62% $0.00 10.1K Jul 31, 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XPON Stock Option (Right to Buy) Award $0 +5K $0.00 5K Jul 31, 2025 Common Stock 5K $0.93 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan (the "Plan"). Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share ("Common Stock"). The RSUs vested in full on July 31, 2025.
F2 Includes (i) 122 shares of Common Stock, (ii) 5,000 RSUs, which were granted to the Reporting Person on July 31, 2025 as reported herein, and (iii) 5,000 shares of Common Stock, which the Reporting Person has the right to acquire upon the exercise of stock options exercisable within 60 days of July 31, 2025.
F3 The exercise price of the Options (as defined below) was determined based on the closing price of the Common Stock on the date the Options were conditionally approved by the board of directors.
F4 Reflects a grant of stock options (the "Options") made to the Reporting Person under the Plan. The Options were approved by the board of directors on April 28, 2025, subject to stockholder approval of an increase in the number of shares available for issuance under the Plan under which the Options were granted (the "Plan Amendment"). The Plan Amendment was approved by stockholders on July 31, 2025. The Options vested in full and became immediately exercisable on July 31, 2025.