Form 4: IES Holdings Director Elizabeth Leykum Acquires Phantom Stock Units

Director Elizabeth Leykum acquired 183 Phantom Stock Units of IES Holdings, Inc. in lieu of cash or common stock for a portion of her retainer.

Summary

• On July 1, 2024, Elizabeth Leykum, a director of IES Holdings, Inc., acquired 183 Phantom Stock Units (PSUs).
• The PSUs were granted under the company's 2006 Equity Incentive Plan, as amended.
• Leykum elected to receive PSUs instead of cash or common stock for a portion of her retainer.
• Each PSU converts to one share of IES common stock upon Leykum leaving the board or a change of control as defined in the 2006 Equity Incentive Plan.
• Following the transaction, Leykum beneficially owns 4,896 shares of Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding a director's compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Directors often receive stock-based compensation to align their interests with those of shareholders. Phantom stock units are a common form of equity compensation.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the issuance of phantom stock units to a director.

Key Dates