10% owner Adam Katz 2012 Revocable Trust buys 62,972 shares for $113,134.51 across 4 days in April 2026
Adam Katz 2012 Revocable Trust, a 10% owner, executed 4 separate purchases totaling 62,972 shares for $113,134.51 between April 7–10, 2026, at a blended average price of $1.80 per share. The holdings increased from 937,028 shares to 1,000,000 shares, a net gain of +6.7% versus pre-transaction holdings. The current price of $1.81 is -37.2% from the 52-week high of $2.88, placing the traded shares near the lower end of recent valuation. IPM is a small-cap company ($16.4M market cap) with recent quarterly revenue of $6.4M but an unprofitable fiscal year (net income $-660.2K) and highly volatile annual growth (+2050.0% in the latest year-over-year comparison). The multi-day purchase pattern and magnitude suggest a deliberate accumulation; whether this reflects confidence in recovery or routine rebalancing cannot be determined from the transaction data alone.