Form 4: IES Holdings Director, Todd M. Cleveland, Reports Gift of 1,000 Shares
SEC Form 4 Filing
Director Todd M. Cleveland of IES Holdings, Inc. reported a gift of 1,000 common stock shares to a charitable organization.
Summary
- Todd M. Cleveland, a director at IES Holdings, Inc., filed a Form 4 indicating a change in beneficial ownership.
- The transaction involved a gift of 1,000 shares of common stock to a charitable organization on December 12, 2024.
- The shares were gifted at a price of $0.
- Following the transaction, Mr. Cleveland directly owns 103,790 shares of IES Holdings common stock.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a stock gift, with no positive or negative implications for the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders when they have transactions involving their company's stock. It does not indicate any specific trend in the industry.
Comparison to Industry Standards
- Form 4 filings are a standard practice for all publicly traded companies in the US.
- The transaction is a personal gift and does not reflect any operational or financial performance of IES Holdings.
- Similar filings are made by directors and officers of all public companies when they buy, sell, or gift shares.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a personal transaction by a director.
- There is no impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 12/12/2024 | Date of the stock gift transaction. |
| 12/13/2024 | Date the Form 4 was signed. |
Keywords
IES Holdings, Form 4, Beneficial Ownership, Todd M. Cleveland, Director, Stock Gift, Charitable Donation
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