Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 229

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 229
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 the executive officer at the time the award becomes vested. (3)Other compensation consisted of deferred compensation payable for service as a director. Fees were paid out following the closing of our November 2024 initial public offering. 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 175,000 shares 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 25,000 shares 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 12,500 shares of common stock, of which 2,500 shares were vested on the