Form 4: IES Holdings Director Acquires Phantom Stock Units

Director Joe D. Koshkin acquired 143 Phantom Stock Units in IES Holdings, Inc., convertible to common stock upon leaving the board or a change of control.

Summary

• Joe D. Koshkin, a director of IES Holdings, Inc., acquired 143 Phantom Stock Units (PSUs) on January 2, 2025.
• These PSUs were granted under the company's 2006 Equity Incentive Plan as an alternative to cash or common stock for a portion of his retainer.
• Each PSU converts into one share of IES common stock upon Mr. Koshkin's departure from the board or a change of control.
• Following the transaction, Mr. Koshkin beneficially owns 49,380 shares of common stock.
• The transaction was reported on a Form 4 filed with the SEC on January 3, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company insider. It is neutral in tone and does not contain information that would significantly impact investor sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of a director's acquisition of company stock, which is common in publicly traded companies. It provides transparency into the holdings of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the holdings of a company director.
• The acquisition of Phantom Stock Units aligns the director's interests with those of the shareholders, as the units convert to common stock upon certain events.

Key Dates