Chafetz Gerald E. 4
Research Summary
AI-generated summary
IEH Corp (IEHC) Director Gerald E. Chafetz Sells 1,000 Shares
What Happened
- Gerald E. Chafetz, a director of IEH Corp (ticker: IEHC), sold a total of 1,000 shares in open-market transactions on March 17–18, 2026. The sales were: 500 shares at $17.39 ($8,696), 498 shares at $18.00 ($8,964), and 2 shares at $18.50 ($37), for aggregate proceeds of roughly $17,697.
- These were outright sales (transaction code S). Sales by insiders are common and do not by themselves indicate company performance or insider sentiment.
Key Details
- Transaction dates & prices:
- 2026-03-17: 500 shares @ $17.39 — $8,696
- 2026-03-18: 498 shares @ $18.00 — $8,964
- 2026-03-18: 2 shares @ $18.50 — $37
- Total shares sold: 1,000; total proceeds: ≈ $17,697.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing: Report filed 2026-03-19 (appears to be timely under the Form 4 two-business-day rule).
- No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the supplied transaction details.
Context
- This filing reports open-market sales (not option exercises, gifts, or awards). For retail investors, purchases by insiders are often more informative than routine sales; sales can be made for many personal reasons unrelated to company outlook.