Michael Carrosino reports an option exercise and tax withholding on shares
By AlphaYouPublished Form 4
CARROSINO MICHAEL
Reporting filer
Michael Carrosino reports an option exercise and tax withholding on shares, not an open-market purchase or sale, in Ip Strategy Holdings, Inc.. Form 4 filed Nov 4, 2026 lists 3 entries.
- Disclosed
- Nov 4, 2026
Reported details
3 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | CARROSINO MICHAEL | 2026-11-02 | M | Exercise or conversion | 1111 | Not stated (see footnotes) | 4,693 | 2 days | Filed terms
|
| Common Stock | CARROSINO MICHAEL | 2026-11-02 | F | Tax/exercise withholding | 330 | 2.22 | 4,363 | 2 days | Filed terms
|
| Restricted Stock Units (derivative) | CARROSINO MICHAEL | 2026-11-02 | M | Exercise or conversion | 1111 | 0 | 2,592 | 2 days | Filed terms
|
Common Stock
- Owner
- CARROSINO MICHAEL
- Date
- 2026-11-02
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 1111
- Price
- Not stated (see footnotes)
- Following holdings
- 4,693
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-11-02
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 1111
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 4693
- direct Or Indirect Ownership: D
Common Stock
- Owner
- CARROSINO MICHAEL
- Date
- 2026-11-02
- Code
- F
- Action
- Tax/exercise withholding
- Quantity
- 330
- Price
- 2.22
- Following holdings
- 4,363
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-11-02
- transaction Form Type: 4
- transaction Code: F
- equity Swap Involved: 0
- transaction Shares: 330
- id: F2
- transaction Price Per Share: 2.22
- id: F3
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 4363
- direct Or Indirect Ownership: D
Restricted Stock Units (derivative)
- Owner
- CARROSINO MICHAEL
- Date
- 2026-11-02
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 1111
- Price
- 0
- Following holdings
- 2,592
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F1
- transaction Date: 2026-11-02
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 1111
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F4
- id: F4
- underlying Security Title: Common Stock
- underlying Security Shares: 1111
- shares Owned Following Transaction: 2592
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- CARROSINO MICHAEL: EVP of Finance & CFO.
- F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
- F2: 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.
- F3: 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.
- F4: 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 installments on May 2, 2026, August 2, 2026, November 2, 2026, February 2, 2027, May 2, 2027, and June 2, 2027, subject to continued service.
Original sources
Prepared automatically from public filing data. Report a correction.