IP3 in fertilization is generated by:
Phosphoinositide signaling during egg activation begins with hydrolysis of phosphatidylinositol 4,5-bisphosphate PIP2 residing in inner leaflet of plasma membrane. Enzyme catalyzing cleavage is phospholipase C activated via sperm-derived PLCzeta or Src kinase-mediated phosphorylation of PLCgamma after gamete fusion. Cleavage yields membrane-retained diacylglycerol activating protein kinase C and soluble inositol trisphosphate IP3 diffusing to endoplasmic reticulum triggering calcium release. Protein kinase C is downstream target not producer of IP3, dynein ATPase powers axonemal motility, Na+/H+ exchanger regulates pH independent of phosphoinositide turnover, making PLC sole generator of IP3 surge at fertilization.
Ref: NCBI Bookshelf, Cell Signaling, Chapter 9: Phospholipase C cleavage of PIP2 to generate IP3 and DAG.