Cleveland Todd M 4

What Happened
Todd M. Cleveland, a director of IES Holdings, reported selling a total of 5,000 shares on June 12, 2026 in transactions reported as open-market/private sales (code S). The sales were executed in four blocks: 1,100 shares at a weighted-average price of $760.41 ($836,451), 1,200 shares at $761.31 ($913,572), 1,200 shares at $762.01 ($914,412), and 1,500 shares at $763.35 ($1,145,025). Total proceeds across the four disposals were about $3.81 million. Sales are generally routine dispositions and do not necessarily indicate a change in view on the company.

Key Details

• Transaction date: June 12, 2026 (filed on June 16, 2026). Form 4 was submitted four days after the trades; Form 4s are typically due within two business days of the transaction.
• Per-block details:
  • 1,100 sh — weighted avg $760.41 — $836,451 (prices ranged $760.00–$760.75; see footnote F1)
  • 1,200 sh — weighted avg $761.31 — $913,572 (prices ranged $761.00–$761.75; see F2)
  • 1,200 sh — weighted avg $762.01 — $914,412 (prices ranged $762.00–$762.28; see F3)
  • 1,500 sh — weighted avg $763.35 — $1,145,025 (prices ranged $763.00–$763.86; see F4)
• Shares owned after transaction: not disclosed in this filing.
• Notable footnotes: each reported price is a weighted average for multiple executions; the filer offers to provide a breakdown of the number of shares sold at each specific price upon request.
• No 10b5-1 trading plan, tax withholding, or gift notation is indicated in the provided filing text.

Context

• These were outright sales (not option exercises or awards). Sales by insiders are common for liquidity, diversification, or other personal reasons; they are less informative about company prospects than purchases. Retail investors should consider this alongside other insider trades and company fundamentals.