Baldock Jennifer A 4

What Happened
Jennifer A. Baldock, a director of IES Holdings, received 36 shares of common stock as an award (code A) on July 1, 2026. The shares were issued at $0.00 per share (total reported value $0) as part of an equity grant in lieu of cash compensation.

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-06 (5 days after the transaction) — appears later than the standard two-business-day Form 4 deadline.
• Securities: 36 shares of common stock acquired at $0.00 per share (total $0).
• Shares owned after the transaction: Not specified in the filing.
• Footnotes from the filing:
  • F1: The shares were granted under the IES Holdings, Inc. 2006 Equity Incentive Plan, as amended and restated, after Ms. Baldock elected to receive shares instead of cash or phantom stock units for that portion of her retainer.
  • F2: The reporting person is a co-manager of a family limited liability company that owns the reported securities (disclosure about related ownership).

Context
This was an award (equity compensation) rather than an open-market purchase or sale; such grants are routine for directors who elect stock in lieu of cash compensation and do not necessarily signal a change in insider sentiment. The economic value reported for this grant is $0 on the Form 4 because the shares were issued pursuant to the company plan in lieu of cash.