{"transactions":[{"id":1133143,"issuer":{"id":8424,"kind":"organization","name":"IP STRATEGY HOLDINGS, INC.","symbol":"IPST"},"owners":[{"id":79209,"kind":"person","name":"Smith Christopher H","position":1,"cik":"0001311438","reported_name":"Smith Christopher H","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Restricted Stock Units","published_at":"2025-05-27T17:46:30.000Z","date":"2025-05-24","kind":"exercise","planned":false,"acquired":false,"shares":2000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Each restricted stock units (\"RSU\") represents a contingent right to receive one share of the issuer's common stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The  RSUs were granted on June 5, 2024 subject to a vesting condition tied to the expiration of a lock-up agreement. The RSUs vested and settled on May 24, 2025 upon the lock-up's expiration."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The  RSUs were granted on June 5, 2024 subject to a vesting condition tied to the expiration of a lock-up agreement. The RSUs vested and settled on May 24, 2025 upon the lock-up's expiration."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":2000},"source":{"system":"sec-edgar","filing":"0001788230-25-000077","document":"wk-form4_1748382383.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1311438/000178823025000077/wk-form4_1748382383.xml","form_type":"4"}},{"id":1133142,"issuer":{"id":8424,"kind":"organization","name":"IP STRATEGY HOLDINGS, INC.","symbol":"IPST"},"owners":[{"id":79209,"kind":"person","name":"Smith Christopher H","position":1,"cik":"0001311438","reported_name":"Smith Christopher H","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Restricted Stock 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restricted stock units (\"RSU\") represents a contingent right to receive one share of the issuer's common stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The RSUs vested in full immediately upon grant on May 22, 2025."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"The RSUs vested in full immediately upon grant on May 22, 2025."}],"balance_after":100000,"derivative":{"underlying":"Common Stock","underlying_shares":100000},"source":{"system":"sec-edgar","filing":"0001788230-25-000077","document":"wk-form4_1748382383.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1311438/000178823025000077/wk-form4_1748382383.xml","form_type":"4"}},{"id":1133140,"issuer":{"id":8424,"kind":"organization","name":"IP STRATEGY HOLDINGS, INC.","symbol":"IPST"},"owners":[{"id":79209,"kind":"person","name":"Smith Christopher 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Warrant","published_at":"2021-02-16T21:52:52.000Z","date":"2020-08-14","kind":"exercise","acquired":true,"shares":9027,"ownership":{"direct":false,"nature":"By Spouse"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Represents the warrants to purchase shares of common stock issued upon conversion of $31,594 of promissory notes that, upon the initial public offering of the Company, converted into 9,027 immediately-separable units composed of (i) one share of common stock, and (ii) one warrant to purchase one share of common stock at a price of $5.50 per share."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Not previously reported on Form 4."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F5","text":"The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose"}],"balance_after":9027,"derivative":{"exercise_price":5.5,"exercise_date":"2020-08-14","expiration_date":"2025-08-14","underlying":"Common Stock","underlying_shares":9027},"source":{"system":"sec-edgar","filing":"0001104659-21-024609","document":"tm216792-9_5seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1729750/000110465921024609/tm216792-9_5seq1.xml","form_type":"5"}},{"id":2859347,"issuer":{"id":127190,"kind":"organization","name":"Kubient, Inc.","symbol":"KBNT"},"owners":[{"id":79209,"kind":"person","name":"Smith Christopher H","position":1,"cik":"0001311438","reported_name":"Smith Christopher H","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2021-02-16T21:52:52.000Z","date":"2020-08-14","kind":"exercise","acquired":true,"shares":9027,"ownership":{"direct":false,"nature":"By spouse"},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents the shares of common stock of Kubient, Inc. (the \"Company\") issued upon conversion of $31,594 of promissory notes that, upon the initial public offering of the Company, converted into 9,027 immediately-separable units composed of (i) one share of common stock, and (ii) one warrant to purchase one share of common stock at a price of $5.50 per share."},{"field":"shares","element":"transactionShares","label":"F2","text":"Not previously reported on Form 4."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Represents the shares of common stock of Kubient, Inc. (the \"Company\") issued upon conversion of $31,594 of promissory notes that, upon the initial public offering of the Company, converted into 9,027 immediately-separable units composed of (i) one share of common stock, and (ii) one warrant to purchase one share of common stock at a price of $5.50 per share."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"Does not include 9,027 shares of common stock underlying five-year warrants issued on August 14, 2020, which are reported on Table II of this Form 5. Additionally, does not include 8,571 immediately-separable units composed of (i) one share of common stock, and (ii) one warrant to purchase one share of common stock at a price of $5.50 per share, underlying five-year warrants issued on November 6, 2019."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F5","text":"The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose"}],"balance_after":9027,"source":{"system":"sec-edgar","filing":"0001104659-21-024609","document":"tm216792-9_5seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1729750/000110465921024609/tm216792-9_5seq1.xml","form_type":"5"}},{"id":2859342,"issuer":{"id":127190,"kind":"organization","name":"Kubient, Inc.","symbol":"KBNT"},"owners":[{"id":79209,"kind":"person","name":"Smith Christopher H","position":1,"cik":"0001311438","reported_name":"Smith Christopher H","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2021-02-16T21:50:05.000Z","date":"2021-01-05","kind":"grant","acquired":true,"shares":5010,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Does not include 9,027 shares of common stock underlying five-year warrants issued on August 14, 2020 held by the reporting person's spouse, which are reported on Table II of this Form 5. Also does not include 8,571 immediately - separable units composed of (i) one share of common stock, and (ii) one warrant to purchase one share of common stock exercisable at $5.50 per share held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose."}],"balance_after":14037,"source":{"system":"sec-edgar","filing":"0001104659-21-024603","document":"tm216792d8_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1729750/000110465921024603/tm216792d8_4seq1.xml","form_type":"4"}}]}