SEC Form 4 · accession 0001262290-26-000015
IP STRATEGY HOLDINGS, INC. · IPST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Carrosino
Officer — EVP of Finance & CFO
Period of report
Aug 2, 2026
Accepted (ET)
Aug 3, 2026 · 5:35 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001788230
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 2, 2026 | M | 125 | — | A | 2,839 | D | |
| Common StockF2,F3 | Aug 2, 2026 | F | 38 | $2.16 | D | 2,801 | D | |
| Common StockF1 | Aug 2, 2026 | M | 1,111 | — | A | 3,912 | D | |
| Common StockF2,F3 | Aug 2, 2026 | F | 330 | $2.16 | D | 3,582 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Aug 2, 2026 | M | 125 | D | — | — | Common Stock | 125 | 0 | D |
| Restricted Stock UnitsF1,F5 | — | Aug 2, 2026 | M | 1,111 | D | — | — | Common Stock | 1,111 | 3,703 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
- F2The reporting person relinquished the shares of Common Stock reported herein and the issuer cancelled such shares and returned them to issuer's treasury in exchange for remitting certain tax withholding obligations of the reporting person resulting from the vesting of the RSUs. As such, no shares of the issuer were sold by the reporting person.
- F3Represents the per share closing price of the issuer's Common Stock on the applicable vesting date or, if there was no closing price on such date, the closing price on the trading date that was immediately prior to such vesting date.
- F4Of the RSUs granted on October 1, 2025, 125 units were vested as of September 1, 2025. The remaining 500 units vest in equal quarterly installments over twelve (12) months beginning September 1, 2025, of which 375 units vested and settled on February 2, 2026. The remaining units vest in equal installments on May 2, 2026 and August 2, 2026, subject to continued service.
- F5The RSUs vest over an eighteen (18) month period beginning December 10, 2025, with two (2) months of service-based vesting satisfied as of February 2, 2026. The remaining units vest in equal installments on May 2, 2026, August 2, 2026, November 2, 2026, and February 2, 2027, subject to continued service.