Offerman Dave 4

What Happened

• Dave Offerman, President, CEO and a director of IEH Corp (IEHC), reported selling a total of 5,000 shares in two open‑market transactions. On 2026-03-06 he sold 4,650 shares at $16.50 each for $76,725, and on 2026-03-09 he sold 350 shares at $17.27 each for $6,046 (total ≈ $82,771). These were sales (code S) rather than purchases.

Key Details

• Transaction dates and prices:
  • 2026-03-06: 4,650 shares @ $16.50 — $76,725
  • 2026-03-09: 350 shares @ $17.27 — $6,046
• Total shares sold: 5,000; approximate total proceeds: $82,771.
• Shares owned after transaction: Not specified in the summary provided here — see the filed Form 4 for the insider’s post‑transaction beneficial ownership.
• Footnotes/plan details: No 10b5‑1 plan, tax withholding, or other special footnotes provided in the transaction details given here; consult the full Form 4 for any notes.
• Filing timeliness: Form filed 2026-03-10; based on the trade dates (Mar 6 and Mar 9) the filing appears timely under the SEC’s two‑business‑day rule.

Context

• These were open‑market sales by an executive. Sales can be routine (to raise cash, diversify, satisfy tax obligations, etc.) and do not on their own indicate company performance or insider sentiment. For fuller context (current insider holdings, prior trading history, or any 10b5‑1 plan), review the complete Form 4 (Accession 0001174947-26-000338) on the SEC EDGAR site.