Katz Jason 4

What Happened

• Jason Katz, CEO of Intelligent Protection Management Corp. (IPM), received a grant of 50,000 stock options on March 20, 2026. The Form 4 reports this as a derivative award (code A) with $0.00 reported in the price field, indicating a stock-option grant rather than a cash purchase.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (timely within the two-business-day filing window).
• Quantity: 50,000 stock options granted (reported as a derivative award).
• Price reported on Form 4: $0.00 for the derivative grant (exercise price not specified in the filing).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: Options vest in four substantially equal installments on each of the first four anniversaries of the grant date, contingent on continued service. If a "change in control" occurs (as defined in the company’s 2025 Long‑Term Incentive Plan), 100% of then-unvested options vest immediately.

Context

• This was a grant of options (not an exercise or sale). Grants are compensation and do not represent an immediate purchase or sale of company stock. The vesting schedule and change-in-control acceleration are common executive compensation features; they do not by themselves indicate near-term buying or selling.