---
schema_version: "secwatch.filing_event.v1"
accession: "0001788230-25-000162"
form_type: "8-K"
ticker: "IPST"
cik: "0001788230"
company_name: "IP STRATEGY HOLDINGS, INC."
filed_at: "2025-10-03T23:59:59+00:00"
generated_at: "2026-05-17T04:48:29.702358+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Heritage Distilling enters 18-month employment agreements with CEO, President, CFO; grants 4.25M RSUs

## Summary
- CEO Justin Stiefel: $195k base salary, 3.5M RSUs vesting monthly over 18 months.
- President Jennifer Stiefel: $175k base salary, 500k RSUs vesting monthly over 18 months.
- CFO Michael Carrosino: $260k base salary, 250k RSUs (50k vested on grant, 200k monthly vesting).
- Company to transfer $25M life insurance on Justin and $10.65M on Jennifer to them; premiums paid during employment plus 12 months post-termination.
- Severance of 12 months base salary and accelerated RSU vesting on termination without cause or for good reason.

## SEC filing metadata
- accession: 0001788230-25-000162
- form_type: 8-K
- ticker: IPST
- cik: 0001788230
- company_name: IP STRATEGY HOLDINGS, INC.
- filed_at: 2025-10-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788230/000178823025000162/0001788230-25-000162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788230/000178823025000162/cask-20251001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001788230-25-000162
- JSON: https://secwatch.observer/filing/0001788230-25-000162.json
- Plain text: https://secwatch.observer/filing/0001788230-25-000162.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.