IPM (IPM) CEO Jason Katz buys 10,000 shares, lifts direct stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTELLIGENT PROTECTION MANAGEMENT CORP. Chief Executive Officer Jason Katz made an open-market purchase of 10,000 shares of common stock at $1.97 per share. Following this transaction, his direct holdings increased to 667,803 shares. A separate 201,265-share position is held by his spouse and is reported as indirect ownership, with Katz disclaiming beneficial ownership of those securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($19,700)
Net Buy
2 txns
Insider
Katz Jason
Role
Chief Executive Officer
Bought
10,000 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $1.97 | $20K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 667,803 shares (Direct, null);
Common Stock — 201,265 shares (Indirect, By spouse)
Footnotes (1)
- [object Object]
Key Figures
Open-market purchase size: 10,000 shares
Purchase price: $1.97 per share
Direct holdings after transaction: 667,803 shares
+2 more
5 metrics
Open-market purchase size
10,000 shares
Common Stock bought on May 21, 2026
Purchase price
$1.97 per share
Price for 10,000-share open-market buy
Direct holdings after transaction
667,803 shares
Katz direct ownership following purchase
Spouse-held shares
201,265 shares
Indirect ownership by spouse, beneficial ownership disclaimed
Net buy shares
10,000 shares
Net buy direction from transaction summary
Key Terms
open-market purchase, beneficial ownership, Section 16, indirect ownership
4 terms
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
indirect ownership financial
"Represents shares held by the spouse of the reporting person"
FAQ
What insider transaction did IPM CEO Jason Katz report on this Form 4?
Jason Katz reported buying 10,000 shares of INTELLIGENT PROTECTION MANAGEMENT CORP. common stock in an open-market transaction. The shares were purchased at a price of $1.97 per share on May 21, 2026, increasing his direct ownership stake.
Does this IPM Form 4 include any option exercises or derivative transactions?
No, this Form 4 does not report any option exercises or other derivative transactions. The derivative section is empty, and the only activity shown is a 10,000-share open-market purchase of common stock plus a separate holding entry for shares owned by his spouse.