Simmes Matthew J 4
Research Summary
AI-generated summary
IES Holdings (IESC) CEO Matthew Simmes Sells 5,000 Shares
What Happened Matthew J. Simmes, President and CEO of IES Holdings (IESC), sold a total of 5,000 shares in open-market transactions on February 18, 2026. The sales were executed in multiple lots at prices ranging roughly from $493.47 to $511.96, generating total proceeds of approximately $2,531,311. This filing reports sales (code S) — a disposition of stock rather than a purchase.
Key Details
- Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (appears timely).
- Total shares sold: 5,000; total proceeds: ~$2,531,311.
- Price details: multiple weighted-average price lots reported (see footnotes F1–F15) with per-lot prices reported between ~$493.51 and ~$511.39 and underlying ranges from $493.47 to $511.96.
- Shares owned after transaction: not disclosed in the provided excerpt—see the full Form 4 for post-transaction holdings.
- Notable footnotes: each lot includes a weighted-average price footnote (F1–F15) stating the shares were sold in multiple transactions at specified price ranges; no 10b5-1 plan or tax-withholding notation is cited in the excerpt.
Context
- These were open-market sales by the CEO; sales can reflect routine liquidity or portfolio management and do not, by themselves, indicate company performance or insider sentiment. Purchases by insiders tend to be more directly interpreted as bullish signals. For full ownership context and any related filings, consult the complete Form 4 on the SEC EDGAR site.