Adam Katz 2012 Revocable Trust 4
4 · INTELLIGENT PROTECTION MANAGEMENT CORP. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
IPM 10% Owner Adam Katz Trust Buys 62,972 Shares
What Happened
- The Adam Katz 2012 Revocable Trust, a 10% owner of Intelligent Protection Management Corp. (IPM), purchased a total of 62,972 shares in open-market or private purchases between April 7–10, 2026. The transactions totaled approximately $113,135 (individual trades: 21,512 @ $1.80 on 4/7; 19,951 @ $1.80 on 4/8; 2,200 @ $1.79 on 4/9; 19,309 @ $1.79 on 4/10). These were purchases (code P), which are generally interpreted as insider buying rather than selling.
Key Details
- Transaction dates and reported prices:
- 2026-04-07: 21,512 shares at weighted avg $1.80 (total $38,722) (see footnote F1: purchases at $1.79–$1.80)
- 2026-04-08: 19,951 shares at weighted avg $1.80 (total $35,912) (F2: $1.78–$1.80)
- 2026-04-09: 2,200 shares at weighted avg $1.79 (total $3,938) (F3: $1.79–$1.80)
- 2026-04-10: 19,309 shares at weighted avg $1.79 (total $34,563) (F4: $1.78–$1.80)
- Total acquired: 62,972 shares for about $113,135.
- Shares owned after transaction: not specified in the provided filing details.
- Notable footnotes: reported prices are weighted averages; footnotes F1–F4 disclose purchase price ranges (roughly $1.78–$1.80) and offer to provide breakdowns on request to the issuer, holders, or SEC staff.
- Timeliness: The Form 4 was filed on 2026-06-09 for transactions in early April 2026 — this is a late filing and reduces the timeliness of public disclosure.
Context
- These purchases were made by a 10% owner (an affiliated investor/trust), not shown as an executive’s personal trades; such buys can signal confidence but are not the same as executive-level insider trades.
- The transactions were straightforward purchases (P); no option exercises, awards, gifts, or tax-withholding were reported.
Insider Transaction Report
Form 4
Adam Katz 2012 Revocable Trust
10% Owner
Transactions
- Purchase
Common Stock
[F1]2026-04-07$1.80/sh+21,512$38,722→ 958,540 total - Purchase
Common Stock
[F2]2026-04-08$1.80/sh+19,951$35,912→ 978,491 total - Purchase
Common Stock
[F3]2026-04-09$1.79/sh+2,200$3,938→ 980,691 total - Purchase
Common Stock
[F4]2026-04-10$1.79/sh+19,309$34,563→ 1,000,000 total
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.79 to $1.80, inclusive. The reporting person undertakes to provide to Intelligent Protection Management Corp. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.78 to $1.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.79 to $1.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.78 to $1.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (4) to this Form 4.
Signature
/s/ Adam Katz, Trustee|2026-06-09