IP Strategy (IPST) SVP logs RSU vesting and tax withholding, no share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IP Strategy Holdings, Inc. SVP Beth A. Marker reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On July 2, 2026, 94 RSUs converted into 94 shares of common stock at a stated per-share value of $2.48, while 28 shares were relinquished back to the company to cover tax obligations, with no shares sold on the market.
Following these transactions, Marker directly holds 489 shares of common stock and 469 RSUs, all figures reflecting a 1-for-20 reverse stock split effected on April 23, 2026. The RSUs vest in equal quarterly installments through October 2, 2027, subject to continued service.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding, no open-market trading.
The activity combines an RSU conversion with a tax-withholding share surrender, a common structure for equity compensation. Marker acquired 94 common shares via RSU vesting while 28 shares were given back to the issuer to satisfy tax liabilities tied to that vesting.
No open-market purchases or sales occurred; the disposition is strictly a tax payment mechanism. After these changes, Marker holds 489 common shares and 469 RSUs, so the transaction is small in scale and does not materially alter overall exposure. Future quarterly vesting dates through October 2, 2027 will likely produce similar routine entries.
Insider Trade Summary
94 shares exercised/converted
Mixed
3 txns
Insider
Marker Beth A
Role
SVP of Retail Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 94 | $0.00 | -- |
| Exercise | Common Stock | 94 | $0.00 | -- |
| Tax Withholding | Common Stock | 28 | $2.48 | $69.44 |
Holdings After Transaction:
Restricted Stock Units — 469 shares (Direct, null);
Common Stock — 489 shares (Direct, null)
Footnotes (1)
- All share amounts in this Form 4 reflect a 1-for-20 reverse stock split effected on April 23, 2026. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock. 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. 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. The RSUs vest over a two-year period beginning January 2, 2026. Quarterly installments vested on February 2, 2026 and April 2, 2026, and the remaining units vesting in equal quarterly installments on July 2, 2026, October 2, 2026, January 2, 2027, April 2, 2027, July 2, 2027, and October 2, 2027, subject to continued service.
Key Figures
RSUs converted: 94 shares
Shares for tax withholding: 28 shares
Per-share tax value: $2.48 per share
+3 more
6 metrics
RSUs converted
94 shares
Restricted Stock Units converted to common stock on July 2, 2026
Shares for tax withholding
28 shares
Relinquished to issuer to satisfy tax obligations from RSU vesting
Per-share tax value
$2.48 per share
Closing price of common stock used for tax-withholding calculation
Common shares after transaction
489 shares
Direct holdings of common stock following July 2, 2026 transactions
RSUs after transaction
469 RSUs
Remaining restricted stock units after conversion of 94 units
Reverse stock split ratio
1-for-20
Reverse split effective April 23, 2026; all share amounts adjusted
Key Terms
reverse stock split, Restricted Stock Units, tax withholding obligations, treasury, +1 more
5 terms
reverse stock split financial
"All share amounts in this Form 4 reflect a 1-for-20 reverse stock split effected on April 23, 2026."
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock."
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
"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."
treasury financial
"the issuer cancelled such shares and returned them to issuer's treasury in exchange for remitting certain tax withholding obligations"
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
"The RSUs vest over a two-year period beginning January 2, 2026."
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
What did IPST executive Beth A. Marker report in this Form 4?
Beth A. Marker reported RSU vesting and related tax withholding. 94 restricted stock units converted into common shares, and 28 shares were relinquished to cover tax obligations, with no open-market sale of IP Strategy Holdings, Inc. common stock.
What is the vesting schedule for Beth A. Marker’s IPST RSUs?
Marker’s RSUs vest over two years beginning January 2, 2026. Quarterly installments vested on February 2 and April 2, 2026, with additional equal quarterly vesting dates on July 2 and October 2, 2026, January 2, April 2, July 2, and October 2, 2027.