IP Strategy president exercises RSUs, covers taxes
IP Strategy Holdings, Inc. director and President & Secretary Jennifer D H Stiefel reported routine equity compensation activity tied to restricted stock units (RSUs).
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Form Type
4/A
Rhea-AI Filing Summary
IP Strategy Holdings, Inc. director and President & Secretary Jennifer D H Stiefel reported routine equity compensation activity tied to restricted stock units (RSUs). On February 2, 2026, RSUs converted into a total of 66,666 shares of common stock across her direct holdings and those held by her spouse.
To cover tax obligations from this vesting, a combined 19,767 common shares were relinquished back to the company at $1.08 per share rather than sold in the market. Following these transactions, she directly holds 24,724 common shares and indirectly holds 74,482 common shares through her spouse, along with remaining unvested RSUs in both direct and spouse accounts.
Insider Trade Summary
66,666 shares exercised/converted
Exercise
6 txns
Insider
Stiefel Jennifer D H
Role
President & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,333 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 58,333 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,333 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,471 | $1.08 | $3K |
| Exercise | Common Stock | 58,333 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 17,296 | $1.08 | $19K |
Holdings After Transaction:
Restricted Stock Units — 16,667 contracts (Direct);
Restricted Stock Units — 116,667 contracts (Indirect, By Spouse);
Common Stock — 22,253 shares (Direct);
Common Stock — 57,186 shares (Indirect, By Spouse)
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.
Key Figures
RSU conversions: 66,666 shares
Shares for tax withholding: 19,767 shares at $1.08
Direct common holdings: 24,724 shares
+3 more
6 metrics
RSU conversions
66,666 shares
Common stock received from RSU exercises on February 2, 2026
Shares for tax withholding
19,767 shares at $1.08
Common shares relinquished to cover tax obligations on vesting
Direct common holdings
24,724 shares
Direct common stock owned after February 2, 2026 transactions
Indirect common holdings
74,482 shares
Common stock held indirectly through spouse after transactions
Indirect RSUs remaining
116,667 units
Restricted Stock Units held indirectly following reported activity
Direct RSUs remaining
16,667 units
Restricted Stock Units held directly following reported activity
Key Terms
Restricted Stock Units, tax withholding obligations, pecuniary interest, Section 16 of the Exchange Act, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"in exchange for remitting certain tax withholding obligations of the reporting person"
pecuniary interest financial
"disclaims beneficial ownership of any such securities, except to the extent of her pecuniary interest therein"
Section 16 of the Exchange Act regulatory
"for purposes of Section 16 of the Exchange Act, the reporting person disclaims beneficial ownership"
treasury financial
"the issuer cancelled such shares and returned them to issuer's treasury"
The treasury is the department or area within a government or organization responsible for managing its money, finances, and financial strategies. It handles tasks like collecting revenue, paying bills, and planning for future financial needs, much like a household manages its budget. For investors, understanding the treasury is important because it influences interest rates, government spending, and overall economic stability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did IPST director Jennifer Stiefel report on this Form 4/A?
Jennifer Stiefel reported RSU-related transactions converting awards into 66,666 common shares on February 2, 2026. The filing shows both direct holdings and shares held through her spouse, reflecting routine equity compensation activity rather than open-market buying or selling.
How were restricted stock units treated in this IPST Form 4/A filing?
Each RSU represents a right to receive one IPST common share. On February 2, 2026, RSUs converted into 58,333 indirect and 8,333 direct common shares. Remaining RSUs total 116,667 indirect and 16,667 direct units, vesting over an eighteen‑month schedule.
What is the vesting schedule for the RSUs reported by Jennifer Stiefel at IPST?
The RSUs vest over an 18‑month period beginning September 1, 2025. Six months of service-based vesting were deemed satisfied as of February 2, 2026, with the remaining units vesting in equal installments every three months, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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