IP Strategy Holdings insider RSU vesting and taxes

IP Strategy Holdings, Inc. reported that SVP of Wholesale Operations Danielle B. Perkins had 1,875 Restricted Stock Units vest and convert into an equal number of common shares on April 2, 2026.

Rhea-AI Filing Summary

IP Strategy Holdings, Inc. reported that SVP of Wholesale Operations Danielle B. Perkins had 1,875 Restricted Stock Units vest and convert into an equal number of common shares on April 2, 2026. Of these shares, 773 were relinquished back to the company to satisfy tax withholding at $0.244 per share, with no shares sold in the market. Following these transactions, Perkins directly holds 7,875 shares of common stock. A prior grant on January 2, 2026 covered 15,000 RSUs vesting in equal quarterly installments over two years.

Insider Trade Summary

1,875 shares exercised/converted

Exercise 3 txns

Insider Perkins Danielle B

Role SVP of Wholesale Operations

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,875	$0.00	$0.00
Exercise	Common Stock	1,875	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	773	$0.244	$188.61

Holdings After Transaction: Restricted Stock Units — 11,250 contracts (Direct); Common Stock — 7,875 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. 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.
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. On January 2, 2026, the reporting person was granted 15,000 RSUs, which vest in equal quarterly installments over a two-year period, subject to the terms of the applicable award agreement.

Key Figures

RSUs converted: 1,875 RSUs Tax-withheld shares: 773 shares Tax withholding price: $0.244 per share +2 more

5 metrics

RSUs converted 1,875 RSUs Restricted Stock Units vested and converted into common stock on April 2, 2026

Tax-withheld shares 773 shares Common shares relinquished to issuer to satisfy tax withholding from RSU vesting

Tax withholding price $0.244 per share Closing price of common stock used to value tax-withholding shares

Post-transaction common shares 7,875 shares Common stock directly held by Danielle B. Perkins after reported transactions

RSU grant 15,000 RSUs Grant received January 2, 2026, vesting in equal quarterly installments over two years

Key Terms

Restricted Stock Units, tax withholding obligations, treasury, vesting

4 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents a contingent right"

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

"remitting certain tax withholding obligations of the reporting person"

treasury financial

"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.

vesting financial

"resulting from the vesting of the RSUs"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

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

What did Danielle B. Perkins report for CASK in this Form 4?

Danielle B. Perkins reported 1,875 Restricted Stock Units vesting and converting into common shares, plus a tax-withholding disposition of 773 shares. These shares were returned to the issuer’s treasury to cover tax obligations, not sold in the market.

How many IPST/CASK shares does Danielle B. Perkins own after the Form 4?

After the reported transactions, Danielle B. Perkins directly owns 7,875 shares of IP Strategy Holdings common stock. This balance reflects RSU vesting and the shares relinquished to the company for tax withholding on April 2, 2026.

What RSU grant is disclosed for Danielle B. Perkins in CASK’s filing?

The filing states that Perkins received a grant of 15,000 Restricted Stock Units on January 2, 2026. These RSUs vest in equal quarterly installments over a two-year period, subject to the terms of the applicable award agreement.

Were any IPST/CASK shares sold on the market in this Form 4?

No. The filing explains that 773 common shares were relinquished and cancelled, then returned to the issuer’s treasury to cover Perkins’ tax withholding obligations from RSU vesting. It explicitly notes that no shares were sold by the reporting person.

What price was used for the tax-withholding shares in the CASK Form 4?

The $0.244 per-share price used for the 773 tax-withholding shares reflects the closing price of the issuer’s common stock on the applicable vesting date, or the prior trading day’s close if there was no closing price that day.

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

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Accepted by SEC EDGAR 04/06/2026 - 07:48 PM EDT 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^*

Perkins Danielle B

(Last) (First) (Middle)

C/O IP STRATEGY HOLDINGS, INC.

9668 BUJACICH ROAD

(Street)

GIG HARBOR WASHINGTON 98332

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
IP STRATEGY HOLDINGS, INC. [ IPST ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP of Wholesale Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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

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

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

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	04/02/2026		M		1,875	A	(1)	8,648	D
Common Stock	04/02/2026		F		773(2)	D	$0.244(3)	7,875	D

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)	04/02/2026		M			1,875	(4)	(4)	Common Stock	1,875	$0	11,250	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. 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.

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. On January 2, 2026, the reporting person was granted 15,000 RSUs, which vest in equal quarterly installments over a two-year period, subject to the terms of the applicable award agreement.

Remarks:

	/s/ Justin B. Stiefel, attorney-in-fact for Danielle B. Perkins	04/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)