CASK president converts 8,333 RSUs, withholds shares

Heritage Distilling Holding Company, Inc. insider activity: President, Secretary and director Jennifer D.H.

Rhea-AI Filing Summary

Heritage Distilling Holding Company, Inc. insider activity: President, Secretary and director Jennifer D.H. Stiefel reported the vesting and settlement of 8,333 restricted stock units on February 2, 2026, each converting into one share of common stock.

After this conversion, she held 24,724 common shares before a related share withholding. To cover taxes on the vesting, 2,471 common shares were disposed of at a price of $1.08 per share, leaving her with 22,253 common shares beneficially owned. Following these transactions, she also held 16,667 restricted stock units, which are scheduled to vest over an eighteen‑month period beginning September 1, 2025, with remaining units vesting in equal installments every three months, subject to continued service.

Insider Trade Summary

8,333 shares exercised/converted

Exercise 3 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	Common Stock	8,333	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	2,471	$1.08	$3K

Holdings After Transaction: Restricted Stock Units — 16,667 contracts (Direct); Common Stock — 22,253 shares (Direct)

Footnotes (4)

1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
2. F2. Includes 13 shares beneficially owned through American Estate and Trust, LC FBO Jennifer Stiefel IRA account
3. F3. 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.
4. F4. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CASK executive Jennifer Stiefel report?

Jennifer D.H. Stiefel reported vesting and settlement of 8,333 restricted stock units into common shares. The transaction reflects equity compensation converting into stock, followed by share withholding to cover taxes, a common feature of executive stock-based compensation plans at public companies.

How many Heritage Distilling (CASK) shares does Jennifer Stiefel own after this Form 4?

After the reported transactions, Jennifer D.H. Stiefel beneficially owns 22,253 shares of Heritage Distilling common stock. This figure includes 13 shares held through an American Estate and Trust IRA and reflects the shares remaining after tax-related share withholding on the recent RSU vesting.

What restricted stock units did CASK report for Jennifer Stiefel?

Jennifer D.H. Stiefel reported 16,667 restricted stock units after the transaction. Each unit represents a contingent right to receive one share of Heritage Distilling common stock, subject to the vesting schedule and her continued service with the company over the defined vesting period.

What is the vesting schedule for Jennifer Stiefel’s CASK RSUs?

The RSUs vest over eighteen months 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, contingent on her continued service with Heritage Distilling.

Why were 2,471 CASK shares disposed of at $1.08 on February 2, 2026?

2,471 Heritage Distilling shares were disposed of at $1.08 per share in a transaction coded “F,” indicating tax withholding on vested stock. The price represents the per-share closing price used to determine the tax withholding obligation tied to the RSU vesting.

What does transaction code M mean in this CASK Form 4 filing?

Transaction code “M” indicates an exercise or conversion of derivative securities, here restricted stock units converting into common stock. In this filing, 8,333 RSUs were converted into 8,333 shares of Heritage Distilling common stock as part of Jennifer D.H. Stiefel’s equity compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/03/2026 - 09:41 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Stiefel Jennifer D H

(Last) (First) (Middle)

C/O HERITAGE DISTILLING HOLDING COMPANY

9668 BUJACICH ROAD

(Street)

GIG HARBOR WA 98332

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Heritage Distilling Holding Company, Inc. [ IPST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/02/2026		M		8,333	A	(1)	24,724	D(2)
Common Stock	02/02/2026		F		2,471	D	$1.08(3)	22,253	D(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/02/2026		M			8,333	(4)	(4)	Common Stock	8,333	$0	16,667	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.

2. Includes 13 shares beneficially owned through American Estate and Trust, LC FBO Jennifer Stiefel IRA account

3. 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.

4. 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.

Remarks:

	/s/ Justin B. Stiefel, attorney-in-fact for Jennifer D.H. Stiefel	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.