STOCK TITAN

Adam Katz 2012 Revocable Trust boosts IPM (IPM) stake with 62,972-share buy

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Adam Katz 2012 Revocable Trust, a ten percent owner of INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM), reported a series of open-market purchases of common stock. Between April 7 and April 10, 2026, the trust bought a total of 62,972 shares at weighted average prices in a narrow range around $1.79–$1.80 per share.

Following these transactions, the trust directly holds 1,000,000 shares of IPM common stock. The filing notes that the reported prices are weighted averages for multiple trades within each day’s stated price range.

Positive

  • None.

Negative

  • None.
Insider Adam Katz 2012 Revocable Trust
Role null
Bought 62,972 shs ($113K)
Type Security Shares Price Value
Purchase Common Stock 19,309 $1.79 $35K
Purchase Common Stock 2,200 $1.79 $4K
Purchase Common Stock 19,951 $1.80 $36K
Purchase Common Stock 21,512 $1.80 $39K
Holdings After Transaction: Common Stock — 1,000,000 shares (Direct, null)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.79 to $1.80, inclusive. The reporting person undertakes to provide to Intelligent Protection Management Corp. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.78 to $1.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.79 to $1.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (3) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.78 to $1.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (4) to this Form 4.
Total shares purchased 62,972 shares Open-market common stock buys on April 7–10, 2026
Purchase price range $1.78–$1.80 per share Weighted average prices across multiple trades each day
Shares bought on April 10, 2026 19,309 shares at $1.79 Non-derivative open-market purchase of common stock
Shares bought on April 7, 2026 21,512 shares at $1.80 Non-derivative open-market purchase of common stock
Post-transaction holdings 1,000,000 shares Common stock directly owned after April 10, 2026 trades
open-market purchase financial
"transaction_action: open-market purchase"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner financial
"is_ten_percent_owner: 1"
non-derivative financial
"transaction_type: non-derivative"
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SEC Form 4
FORM 4UNITED 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*
Adam Katz 2012 Revocable Trust

(Last)(First)(Middle)
30 JERICHO EXECUTIVE PLAZA
SUITE 500W

(Street)
JERICHO NEW YORK 11753

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTELLIGENT PROTECTION MANAGEMENT CORP. [ IPM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/07/2026P21,512A$1.8(1)958,540D
Common Stock04/08/2026P19,951A$1.8(2)978,491D
Common Stock04/09/2026P2,200A$1.79(3)980,691D
Common Stock04/10/2026P19,309A$1.79(4)1,000,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.79 to $1.80, inclusive. The reporting person undertakes to provide to Intelligent Protection Management Corp. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.78 to $1.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4
3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.79 to $1.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (3) to this Form 4.
4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.78 to $1.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (4) to this Form 4.
/s/ Adam Katz, Trustee06/09/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider activity did Adam Katz 2012 Revocable Trust report for IPM?

Adam Katz 2012 Revocable Trust reported open-market purchases of IPM common stock. Over April 7–10, 2026, it bought 62,972 shares at weighted average prices around $1.79–$1.80 per share, increasing its direct holdings to 1,000,000 shares.

How many IPM shares does Adam Katz 2012 Revocable Trust own after these trades?

After the reported trades, Adam Katz 2012 Revocable Trust directly owns 1,000,000 IPM common shares. This total reflects cumulative open-market purchases disclosed for April 7–10, 2026, at weighted average prices near $1.79–$1.80 per share.

Over what dates did the IPM insider trust buy shares, and at what prices?

The trust purchased IPM shares on April 7, 8, 9, and 10, 2026. Transactions occurred at weighted average prices ranging from $1.78 to $1.80 per share, with each day’s trades executed within that narrow price band.

How many IPM shares did the insider trust buy in total, and what was the price range?

Across four days, the trust acquired 62,972 IPM common shares. The Form 4 states that these shares were bought in multiple transactions with weighted average prices between $1.78 and $1.80 per share, inclusive, for the different trading days.

What does the weighted average price disclosure mean in the IPM Form 4?

Weighted average price means each reported price is an average of many trades that day. The trust notes shares were purchased in multiple transactions within daily ranges, and it will provide detailed price breakdowns upon request to IPM, shareholders, or SEC staff.