Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 232

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 232
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. Since the closing of our initial public offering, employee directors are no longer eligible to receive additional compensation for service on the board. (4)Michael Carrosino became our Executive Vice President of Finance and Acting Chief Financial Officer in June 2023 and became our Chief Financial Officer in November 2024.

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Employment Agreements On October 1, 2025, we entered into 18 -monthemployment agreements with Justin Stiefel, our Chief Executive Officer, Jennifer Stiefel, our President, and Michael Carrosino, our Executive Vice President and Chief Financial Officer. The following is a summary of the compensation arrangements set forth in each of such employment agreements.

| Executive         |     | Title                                                |     | Annual Base 
 Salary      |         |     |    Initial 
 Restricted 
 Stock Unit 
      Grant 
  in Shares |
|:------------------|:----|:-----------------------------------------------------|:----|:------------|--------:|:----|-----------:|
| Justin Stiefel    |     | Chairman and Chief Executive Officer                 |     | $           | 195,000 |     |    175,000 |
| Jennifer Stiefel  |     | President                                            |     |             | 175,000 |     |     25,000 |
| Michael Carrosino |     | Executive Vice President and Chief Financial Officer |     |             | 260,000 |     |     12,500 |

In recognition of the effort put into identifying, negotiating and completing our recent private placement of our Pre -FundedWarrants and the fundamental change in our liquidity such offering provided, and as an incentive to continue employment with us, pursuant to his employment agreement, we granted to Mr. Stiefel a restricted stock unit award of 175,000shares of common stock. As an incentive to continue employment with us pursuant to her employment agreement, we granted to Ms. Stiefel a restricted stock unit award of 25,000shares of common stock. Under those agreements, such restricted stock unit awards will vest monthly over an 18 -monthperiod. Pursuant to his employment agreement, we granted to Mr. Carrosino a restricted stock unit award of 12,500shares of common stock, of which 2,500shares were vested on the date of grant and 10,000shares will vest monthly over the 18 -monthterm of his employment agreement. Under Mr. Carrosino’s original 2023 offer letter, Mr. Carrosino