Katz Jason 4

What Happened
Jason Katz, CEO of Intelligent Protection Management Corp. (IPM), reported a purchase of 10,000 common shares on 2026-05-21 at $1.97 per share, for a total reported value of $19,700. The transaction is coded as a purchase (P) and was executed as an open-market or private purchase.

Key Details

• Transaction date: 2026-05-21; Price: $1.97; Shares acquired: 10,000; Total value: $19,700.
• Filing date (accession): 2026-05-26 (filed five days after the transaction). Form 4s are generally due within two business days of the transaction, so this filing was later than the typical reporting window.
• Shares owned after the transaction: Not disclosed in this Form 4.
• Footnote: F1 — Represents shares held by the reporting person’s spouse; the reporting person disclaims beneficial ownership of those shares.

Context
Purchases by insiders can be interpreted as a potentially positive signal about their view of the company, but they do not prove intent or guarantee future stock performance. The spouse-held shares noted in the footnote are disclaimed by the reporting person and are not treated as beneficially owned by the insider for purposes of this filing.