Cleveland Todd M 4
Research Summary
AI-generated summary
IES Holdings (IESC) Director Todd M. Cleveland Sells Shares
What Happened Todd M. Cleveland, a director of IES Holdings, executed open‑market sales totaling 12,500 shares for aggregate proceeds of approximately $8,310,608. The sales occurred on May 6 and May 8, 2026, at prices ranging roughly from $660.00 to $683.31 per share (different blocks reported with weighted‑average prices and ranges). This filing reports dispositions (sales) only; no purchases, option exercises, or awards are included.
Key Details
- Transaction dates: May 6, 2026 and May 8, 2026. Total shares sold: 12,500. Total proceeds: ~$8.31 million.
- Price range: about $660.00 – $683.31 per share (several blocks reported as weighted averages; see footnotes for per‑block ranges).
- Notable footnotes (F1–F15): multiple entries indicate the reported prices are weighted averages and specify the exact price ranges or that individual trades occurred at a single price; the filer offers to provide a breakdown on request.
- Shares owned after transaction: not included in the information provided here (see the Form 4 for post‑transaction holdings).
- Timeliness: Form filed May 8, 2026 covering trades on May 6 and May 8 — appears to be filed within the standard two‑business‑day window.
Context These were routine open‑market sales (dispositions). The Form 4 lists multiple trade blocks sold at slightly different prices (hence the weighted‑average footnotes); the filing does not state a reason for the sales and does not by itself indicate insider sentiment about the company. Retail investors should review the full Form 4 (accession 0001048268-26-000097) for the exact footnote details and post‑transaction holdings.