# EDGAR Filing Document

**Accession Number:** 0001262290
**File Stem:** 0001262290-26-000013
**Filing Date:** 2026-5
**Character Count:** 7417
**Document Hash:** 2a055b3344a72a5e25354b550e9e64e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001262290-26-000013.hdr.sgml**: 20260505

**ACCESSION NUMBER**: 0001262290-26-000013

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260502

**FILED AS OF DATE**: 20260505

**DATE AS OF CHANGE**: 20260505

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** CARROSINO MICHAEL
- **CENTRAL INDEX KEY:** 0001262290

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42411
- **FILM NUMBER:** 26945267

**MAIL ADDRESS:**
- **STREET 1:** 220 W HARRISON ST
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98119
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IP STRATEGY HOLDINGS, INC.
- **CENTRAL INDEX KEY:** 0001788230
- **STANDARD INDUSTRIAL CLASSIFICATION:** BEVERAGES [2080]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 834558219
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 9668 BUJACICH ROAD
- **CITY:** GIG HARBOR
- **STATE:** WA
- **BUSINESS PHONE:** 253-509-0008

**MAIL ADDRESS:**
- **STREET 1:** 9668 BUJACICH ROAD
- **CITY:** GIG HARBOR
- **STATE:** WA

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Heritage Distilling Holding Company, Inc.
- **DATE OF NAME CHANGE:** 20190913

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] 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**<sup>*</sup><br>CARROSINO MICHAEL<br><sub>(Last) (First) (Middle)</sub><br>C/O IP STRATEGY HOLDINGS, INC.<br>9668 BUJACICH ROAD<br><sub>(Street)</sub><br>GIG HARBOR, WA 98332<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-05-02 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_EVP of Finance & CFO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>IP STRATEGY HOLDINGS, INC. [ IPST ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2026-05-02 |  | M |  | 125<sup>(1)</sup> | A | <sup>(2)</sup> | 1971 | D |  |
| Common Stock | 2026-05-02 |  | F |  | 38<sup>(3)</sup> | D | $5.50 | 1933 | D |  |
| Common Stock | 2026-05-02 |  | M |  | 1111 | A | <sup>(2)</sup> | 3044 | D |  |
| Common Stock | 2026-05-02 |  | F |  | 330<sup>(3)</sup> | D | $5.50 | 2714 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(2)</sup> | 2026-05-02 |  | M |  |  | 125<sup>(1)</sup> | <sup>(4)</sup> | <sup>(4)</sup> | Common Stock | 125 | $0 | 125 | D |  |
| Restricted Stock Units | <sup>(2)</sup> | 2026-05-02 |  | M |  |  | 1111 | <sup>(5)</sup> | <sup>(5)</sup> | Common Stock | 1111 | $0 | 4814 | D |  |

---

### Footnotes:

(1) All share amounts in this Form 4 reflect a 1-for-20 reverse stock split effected on April 23, 2026.

(2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.

(3) 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.

(4) Of the RSUs granted on October 1, 2025, 125 units were vested as of September 1, 2025. The remaining 500 units vest in equal quarterly installments over twelve (12) months beginning September 1, 2025, of which 375 units vested and settled on February 2, 2026. The remaining units vest in equal installments on May 2, 2026 and August 2, 2026, subject to continued service.

(5) The RSUs vest over an eighteen (18) month period beginning December 10, 2025, with two (2) months of service-based vesting satisfied as of February 2, 2026. The remaining units vest in equal installments on May 2, 2026, August 2, 2026, November 2, 2026, and February 2, 2027, subject to continued service.

**Signature:** /s/ Justin B. Stiefel, attorney-in-fact for Michael Carrosino  
**Date:** 2026-05-05

### Remarks:

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.**