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Brian Jun joins IP Strategy (Nasdaq: IPST) board amid director change

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8-K

Rhea-AI Filing Summary

IP Strategy Holdings, Inc. announced a planned change on its board of directors. Troy Alstead notified the company on April 10, 2026 of his intention to resign from the board and all committees, effective upon the filing of the company’s Form 10-K for the year ended December 31, 2025, which occurred on April 14, 2026. The company states his resignation is due to increased responsibilities on two other public-company boards and not to any disagreements over operations, policies, practices, or financial, accounting, or legal matters.

On April 14, 2026, the board appointed Brian C. Jun as a Class I director to fill the vacancy, with a term running until the 2027 annual stockholder meeting, when he is expected to stand for re-election. Jun, age 50, has extensive experience in digital assets and blockchain taxation, including senior roles at Deloitte and advisory work for cryptocurrency and Web3 companies. He joins the Audit Committee and the Nominating and Corporate Governance Committee, serving as chair of the latter. Christopher H. Smith was designated an “audit committee financial expert” and appointed chair of the Audit Committee.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Alstead resignation notice date April 10, 2026 Date Troy Alstead advised the company of his intention to resign
10-K filing date triggering effectiveness April 14, 2026 Date Form 10-K for year ended December 31, 2025 was filed
Director term end reference 2027 annual meeting Expected end of current Class I term for Brian C. Jun
Age of new director 50 years Age of Brian C. Jun as disclosed in the filing
Press release date April 16, 2026 Date of press release announcing Jun’s appointment
emerging growth company regulatory
"Emerging growth company x o Item 5.02 Departure of Directors"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Nominating and Corporate Governance Committee financial
"acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board"
A nominating and corporate governance committee is a group within a company's board of directors responsible for selecting and recommending individuals to serve as company leaders, such as directors or executives. They also develop and oversee policies to ensure the company is run fairly, ethically, and transparently. This committee matters to investors because it helps ensure the company is well-managed and guided by qualified, responsible leadership.
audit committee financial expert financial
"the Board determined that Christopher H. Smith ... qualifies as an “audit committee financial expert”"
A person on a company’s board who has deep knowledge of accounting, financial reporting and auditing, able to understand and question the books, controls and audit work like a trained mechanic inspecting an engine. Investors care because that expertise helps spot errors, weaknesses or misleading statements early, improving the likelihood that financial reports are accurate and reducing the risk of surprises that can hurt a company’s value.
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure. On April 16, 2026, the Company issued a press release"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
forward-looking statements regulatory
"This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Understanding 8-K Material Events →
FALSE000178823000017882302026-04-102026-04-10

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 10, 2026
IP STRATEGY HOLDINGS, INC.
(Exact name of registrant as specified in charter)
Delaware001-4241183-4558219
(State or other Jurisdiction of
Incorporation or Organization)		(Commission File Number)(IRS Employer
Identification No.)
9668 Bujacich Road
Gig Harbor, Washington
98332
(Address of Principal Executive Offices)(zip code)
(253) 509-0008
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.0001 per shareIPSTThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o


Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On April 10, 2026, Troy Alstead, a member of the Board of Directors (the “Board”) of IP Strategy Holdings, Inc. (the “Company”), advised the Company of his intention to resign from the Board and all committees thereof, effective upon the filing by the Company of its Annual Report on Form 10-K for the year ended December 31, 2025, which report was filed on April 14, 2026. Mr. Alstead had been a member of the Board since November 25, 2024, the date on which the Company consummated its initial public offering of common stock and its listing on the Nasdaq Stock Market. To the knowledge of the Company, Mr. Alstead’s decision to resign from the Board was a result of his increased responsibilities on the boards of directors of two other public companies on which Mr. Alstead currently sits and was not related to any disagreements with the Company on any matter relating to its operations, policies or practices, or any issues regarding financial disclosures, accounting or legal matters.
On April 14, 2026, the Board, acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Brian C. Jun to serve as a director of Company, effective immediately, to fill the vacancy created by the resignation of Mr. Alstead. Mr. Jun will serve on the Board as a member of Class I (the Class in which Mr. Alstead was seated) until the 2027 annual meeting of stockholders of the Company at which directors are elected, at which he is expected to stand for re-election. Biographical information regarding Jun is set forth below:
Brian C. Jun, age 50, is currently, and has been since March 2026, the Chief Financial Officer of Gurufin Inc., the owner of an institutional-grade stablecoin platform built for cross boarder payments and foreign exchange. From March 2025 to March 2026, Mr. Jun was a tax advisor to a number of other cryptocurrency companies, including the Company and Story Protocol, and from February 2025 to July 2025, Mr. Jun was an advisor to Andreessen Horowitz, a venture capital company, where he served as a tax consultant to a number of its portfolio companies. From May 2021 to February 2025, Mr. Jun was a Senior Manager – Blockchain and Digital Asset Taxation at Deloitte Tax, LLP, a consulting firm in the cryptocurrency industry. Mr. Jun received a J.D. and L.L.M. in taxation from Loyola Law School in Los Angeles, California and a B.A. from the University of California at Berkeley.
There are no arrangements or understandings between Mr. Jun and any other person or persons pursuant to which Mr. Jun was selected as a director of the Company. There are no current or proposed transactions in which Mr. Jun, or any member of the immediate family of Mr. Jun, has an interest that is required to be disclosed under Item 404(a) of Regulation S-K promulgated by the Securities Exchange Commission.
In connection with the appointment of Mr. Jun to the Board, the Board appointed Mr. Jun to the Audit Committee and the Nominating and Corporate Governance Committee of the Board. Mr. Jun was appointed as the Chairman of the Nominating and Corporate Governance Committee. The Board determined that Christopher H. Smith, a current member of the Audit Committee, qualifies as an “audit committee financial expert,” as such term is defined in Item 407(d)(5) of Regulation S-K under the Securities Act of 1933, as amended (the “Securities Act”), and Mr. Smith was appointed Chairman of the Audit Committee, a position that was held by Mr. Alstead prior to his resignation.
Item 7.01 Regulation FD Disclosure.
On April 16, 2026, the Company issued a press release announcing the appointment of Mr. Jun as a member of the Board.
A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and incorporated herein by reference. The exhibit furnished under Item 7.01 of this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, regardless of any general incorporation language in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Description
99.1
Press Release dated April 16, 2026
104Cover Page Interactive Data File (embedded within the Inline XBRL document)
2

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 16, 2026IP STRATEGY HOLDINGS, INC.
By:/s/ Justin Stiefel
Justin Stiefel
Chief Executive Officer
3

Exhibit 99.1
IP Strategy Appoints Brian C. Jun to Board of Directors, Strengthening Cryptocurrency, Tax and AI Expertise

GIG HARBOR, Wash., April 16, 2026 (GLOBE NEWSWIRE) -- IP Strategy Holdings, Inc. (Nasdaq: IPST) (the “Company” or “IP Strategy”), the first company to adopt a treasury reserve policy centered on the $IP token, today announced the appointment of Brian C. Jun to its Board of Directors, effective immediately.
Mr. Jun brings deep expertise in digital assets, blockchain taxation, and international tax structuring, with more than 15 years of experience advising leading companies, financial institutions, and Web3 organizations. He currently serves as Chief Financial Officer of Gurufin Inc., an institutional-grade stablecoin platform focused on cross-border payments and foreign exchange. In this role, he is leading its fundraising efforts, while also establishing its foundational finance and treasury operations.
In addition to his Chief Financial Officer role, Mr. Jun serves as a cryptocurrency tax advisor to leading venture capital firms and Web3 projects, including a number of Andreessen Horowitz (a16z) portfolio companies. In the past, he assisted Story Foundation with critical tax planning ahead of its mainnet launch. He has also previously advised IP Strategy in a contractor capacity on digital asset tax matters.
“We are excited to welcome Brian to our Board,” said Justin Stiefel, Chief Executive Officer of IP Strategy. “His unique combination of institutional tax expertise and hands-on experience in blockchain, digital assets, and emerging financial infrastructure will be invaluable as we continue to scale our IP-backed digital asset strategy.”
Prior to his current roles, Mr. Jun was a Senior Manager in Blockchain & Digital Asset Taxation at Deloitte, where he led tax strategy and structuring initiatives for prominent blockchain organizations such as Uniswap, Aave, Solana, OpenSea, and others. His work has included token structuring, DAO planning, stablecoin design, and digital asset taxation frameworks.
Earlier in his career, Mr. Jun held tax leadership roles at KPMG, Fox Entertainment Group, and Ernst & Young, specializing in international tax, mergers and acquisitions, and complex cross-border structuring. He began his career as a Financial Advisor at Morgan Stanley, managing significant client assets and investment strategies.
“IPST sits at the intersection of intellectual property and digital asset innovation, built on the Story layer 1 blockchain, purpose-built to make IP programmable in the age of AI,” said Mr. Jun. “As AI systems increasingly rely on high-quality, rights-cleared data, Story provides the infrastructure to register, license, and monetize IP at scale. I’m excited to support the Company’s mission to unlock value through IP-backed financial strategies, next-generation treasury solutions, and compliant, rights-aligned AI ecosystems.”
Mr. Jun holds a J.D. and an LL.M. in Taxation from Loyola Law School, Los Angeles, and a B.A. from the University of California, Berkeley. He is admitted to the State Bar of California.
About IP Strategy
IP Strategy Holdings, Inc. (Nasdaq: IPST) is the first Nasdaq-listed company to hold $IP tokens as a primary reserve asset and operate a validator for the Story Blockchain. The Company provides public market investors broad exposure to the $80 trillion programmable intellectual property economy in a regulated equity format. IP Strategy’s treasury reserve of $IP tokens provides direct participation in the Story ecosystem, which enables on-chain registration, licensing, and monetization of intellectual property.
About Story
Story is the AI-native blockchain network powering the $IP token and making intellectual property programmable, traceable, and monetizable in real time. Backed by $136 million from a16z crypto, Polychain Capital, and Samsung Ventures, Story launched its mainnet in February 2025 and has rapidly become a leading infrastructure for tokenized intellectual property. Story allows creators and enterprises to turn media, data, and AI-generated content into legally


enforceable digital assets with embedded rights, enabling automated licensing and new markets for intellectual property across AI and entertainment
Forward-Looking Statements
This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “aims,” “anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “plans,” “possible,” “potential,” “seeks,” “will,” and variations of these words or similar expressions that are intended to identify forward-looking statements. Any such statements in this press release that are not statements of historical fact may be deemed to be forward-looking statements. These forward-looking statements include, but are not limited to, the potential impact that Mr. Jun’s expertise and experience in blockchain, digital assets, and emerging financial infrastructure may have on the Company and the potential support Mr. Jun may provide to the Company’s mission to unlock value through IP-backed financial strategies, next-generation treasury solutions, and compliant, rights-aligned AI ecosystems.
Any forward-looking statements in this press release are based on IP Strategy’s current expectations, estimates and projections only as of the date of this release and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the volatility of the Company’s common stock and any correlation between the Company’s stock price and the price of $IP tokens or any correlation between the Company’s stock price and activity or projects within the Story ecosystem, the legal, commercial, regulatory and technical uncertainty regarding digital assets generally, and expectations with respect to future performance and growth. These and other risks concerning IP Strategy’s programs and operations are described in additional detail in its [registration statement on Form S-1 initially filed with the Securities and Exchange Commission on August 26, 2025, as amended by Amendment No. 1 filed on October 16, 2025, Amendment No. 2 filed on December 12, 2025 and Amendment No. 3 filed on December 19, 2025, its ]latest annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and any other subsequent filings with the Securities and Exchange Commission. IP Strategy explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law.
Investor Relations Contact:
(800) 595-3550
ir@ipstrategy.co

Source: View Original Filing on SEC EDGAR

FAQ

Why is Troy Alstead resigning from IP Strategy Holdings’ board?

Troy Alstead is resigning because of increased responsibilities on the boards of two other public companies. The company states his decision is not related to disagreements about operations, policies, practices, financial disclosures, accounting, or legal matters affecting IP Strategy Holdings, Inc.

Who is Brian C. Jun and what role will he have at IP Strategy (IPST)?

Brian C. Jun is a tax and digital asset specialist with experience at Deloitte and in cryptocurrency advisory roles. He has been appointed as a Class I director, will serve on the Audit and Nominating and Corporate Governance Committees, and will chair the Nominating and Corporate Governance Committee.

How long will Brian C. Jun serve on the IP Strategy board?

Brian C. Jun will serve as a Class I director until the 2027 annual meeting of stockholders. At that meeting, directors in his class are elected, and he is expected to stand for re-election to continue serving on the IP Strategy Holdings, Inc. board.

What committee changes did IP Strategy Holdings announce with this board transition?

With Brian C. Jun’s appointment, he joins the Audit Committee and the Nominating and Corporate Governance Committee, becoming chair of the latter. The board also determined Christopher H. Smith qualifies as an “audit committee financial expert” and appointed him as chair of the Audit Committee.

How did IP Strategy Holdings publicly announce Brian Jun’s board appointment?

IP Strategy announced Brian Jun’s appointment in a press release dated April 16, 2026. The release highlights his background in digital assets, blockchain taxation, and international tax structuring, and is furnished as Exhibit 99.1, referenced under a Regulation FD disclosure section.

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