Stiefel Jennifer D H 4/A
4/A · IP STRATEGY HOLDINGS, INC. · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
IP STRATEGY (IPST) President Jennifer Stiefel Exercises RSUs; Shares Withheld
What Happened
- Jennifer D. H. Stiefel, President & Secretary and a director of IP STRATEGY HOLDINGS, INC. (IPST), had RSUs vest on February 2, 2026. A total of 66,666 shares were issued on vesting (8,333 + 58,333).
- To satisfy tax withholding obligations, 19,767 shares were relinquished/withheld (2,471 + 17,296) at a per-share price of $1.08, producing cash value withheld of $2,669 and $18,680 respectively (total $21,349). Per footnotes, the withheld shares were canceled and returned to the issuer’s treasury; no open-market sale by the reporting person occurred.
- Net shares retained from this vesting event: 46,899 (66,666 issued minus 19,767 withheld). This is a vesting/tax-withholding event, not a market sale or purchase.
Key Details
- Transaction date: February 2, 2026. Filing: Form 4/A filed May 1, 2026 (amendment to correct spouse-owned securities reporting).
- Actions reported: M = exercise/conversion of derivative (RSUs converting to common stock); F = shares withheld to cover tax liabilities.
- Withholding price: $1.08 per share (closing price on applicable vesting date or prior trading date, per footnote).
- Shares withheld: 2,471 (value $2,669) and 17,296 (value $18,680); total withheld value $21,349.
- Net shares received from vesting: 46,899. The filing does not present a full post-transaction total beneficial ownership number beyond these vesting results.
- Notable footnotes: F3 explains shares were relinquished and cancelled to satisfy withholding (no sale); F7 describes RSU vesting schedule (18 months starting Sept 1, 2025; 6 months of service-based vesting satisfied as of Feb 2, 2026). F2/F5 note small IRA holdings; F6 disclaims beneficial ownership of spouse-held securities (amendment added spouse holdings).
Context
- This was an RSU vesting event with shares withheld for taxes (common administrative action). It is not an open-market sale or purchase signaling a trading opinion. The amendment corrected reporting of securities beneficially owned by the insider's spouse; no other transaction changes were reported.
Insider Transaction Report
Form 4/AAmended
Stiefel Jennifer D H
DirectorPresident & Secretary
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-02+8,333→ 24,724 total - Tax Payment
Common Stock
[F3][F4][F2]2026-02-02$1.08/sh−2,471$2,669→ 22,253 total - Exercise/Conversion
Common Stock
[F1][F5][F6]2026-02-02+58,333→ 74,482 total(indirect: By Spouse) - Tax Payment
Common Stock
[F3][F4][F5][F6]2026-02-02$1.08/sh−17,296$18,680→ 57,186 total(indirect: By Spouse) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-02-02−8,333→ 16,667 total→ Common Stock (8,333 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7][F6]2026-02-02−58,333→ 116,667 total(indirect: By Spouse)→ Common Stock (58,333 underlying)
Footnotes (7)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
- [F2]Includes 13 shares beneficially owned through American Estate and Trust, LC FBO Jennifer Stiefel IRA account
- [F3]The 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.
- [F4]Represents 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.
- [F5]Includes 86 shares beneficially owned through American Estate and Trust, LC FBO Justin Stiefel IRA account
- [F6]These securities are held by Justin B. Stiefel, the spouse of the reporting person. For purposes of Section 16 of the Exchange Act, the reporting person disclaims beneficial ownership of any such securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
- [F7]The RSUs vest over an eighteen (18) month period beginning September 1, 2025, with six (6) months of service-based vesting deemed satisfied as of February 2, 2026, and the remaining units vesting in equal installments every three months thereafter, subject to continued service.
Signature
/s/ Justin B. Stiefel, attorney-in-fact for Jennifer D.H. Stiefel|2026-05-01