IPM director granted options on 10,000 shares
INTELLIGENT PROTECTION MANAGEMENT CORP. director Sidney E. Rabsatt received a grant of stock options covering 10,000 shares of common stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The stock option was granted pursuant to a stock option agreement dated March 20, 2026, by and between the reporting person and Intelligent Protection Management Corp. (the "Issuer"). The shares underlying this stock option will vest and become exercisable in four equal quarterly installments on the last day of each calendar quarter in 2026, as long as the reporting person is providing services to the Issuer on such dates; provided, that upon the effective date of a "change in control" (as defined in the Intelligent Protection Management Corp. 2025 Long-Term Incentive Plan), 100% of the then-unvested shares shall immediately vest and become fully exercisable, if not previously so exercisable, on the date of the change in control.
FAQ
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What did IPM director Sidney E. Rabsatt report on this Form 4?
What is the exercise price and term of Sidney Rabsatt’s IPM options?
How and when do Sidney Rabsatt’s IPM stock options vest in 2026?
What happens to Rabsatt’s IPM options if there is a change in control?
Is Sidney Rabsatt’s Form 4 transaction a market purchase or sale of IPM stock?
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