Form 4: IES Holdings COO Matthew Simmes Sells Shares
SEC Form 4 Filing
Matthew Simmes, President and COO of IES Holdings, Inc., sold a portion of his holdings in common stock on March 14, 2024.
Summary
- On March 14, 2024, Matthew J Simmes, the President and COO of IES Holdings, Inc. (IESC), sold shares of the company's common stock.
- He sold 3,600 shares at a weighted average price of $101.96.
- He also sold 400 shares at a weighted average price of $102.76.
- Following these transactions, Simmes directly owns 87,110 shares of IES Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking to understand the sentiment of company leadership regarding the stock's value and future prospects.
Stakeholder Impact
- The sale of shares by a company officer could be perceived differently by stakeholders.
- Some may see it as a lack of confidence in the company's future, while others may view it as a normal part of personal financial management.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock sale transactions |
| 03/15/2024 | Date of signature for the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.