Sidney Rabsatt of Intelligent Protection (IPM) granted options on 10,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTELLIGENT PROTECTION MANAGEMENT CORP. director Sidney E. Rabsatt received a grant of stock options covering 10,000 shares of common stock. The options have an exercise price of $1.62 per share and expire on March 19, 2036.
The grant was made at no cost to him as compensation and is held directly. The 10,000 underlying shares will vest in four equal quarterly installments during 2026, each on the last day of the calendar quarter, as long as he continues providing services. If a qualifying change in control occurs under the company’s 2025 Long-Term Incentive Plan, all then-unvested option shares will immediately vest and become fully exercisable on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rabsatt Sidney E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 10,000 shares (Direct)
Footnotes (1)
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FAQ
What did IPM director Sidney E. Rabsatt report on this Form 4?
Sidney E. Rabsatt reported receiving a grant of stock options for 10,000 shares of Intelligent Protection Management Corp. common stock. The options were awarded as compensation, not bought in the market, and give him the right to purchase shares at a fixed exercise price.
What is the exercise price and term of Sidney Rabsatt’s IPM options?
The options allow Sidney Rabsatt to buy IPM common stock at an exercise price of $1.62 per share. They expire on March 19, 2036, giving him a long window to exercise, subject to vesting and continued service conditions described in the grant agreement.
How and when do Sidney Rabsatt’s IPM stock options vest in 2026?
The 10,000-share IPM stock option grant vests in four equal quarterly installments during 2026. Each 2,500-share portion becomes exercisable on the last day of each calendar quarter, provided Rabsatt continues providing services to the company on those vesting dates.
What happens to Rabsatt’s IPM options if there is a change in control?
If a qualifying change in control occurs under IPM’s 2025 Long-Term Incentive Plan, 100% of Sidney Rabsatt’s then-unvested stock options will immediately vest. They become fully exercisable on the effective date of the change in control, accelerating his remaining unvested equity.
Is Sidney Rabsatt’s Form 4 transaction a market purchase or sale of IPM stock?
The Form 4 does not show any market purchase or sale of IPM common stock by Sidney Rabsatt. It reports a compensation-related grant of stock options, giving him rights to acquire shares in the future, rather than an immediate open-market transaction.