IES Holdings Director Receives Retainer PSUs
IES Holdings, Inc.
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Filing Summary
# Insider Trade: IES Holdings, Inc. (IESC)
**Insider:** Gendell David B. (Director)
**Type:** Acquisition (Award / Grant)
**Shares:** 79 @ $0.00
**Total Value:** $0.00
**Post-Transaction Holdings:** 141,721 shares
**Significance:** Low (Quarterly director retainer paid in PSUs)
Comprehensive Analysis
Executive Summary
On October 1, 2026, David B. Gendell, Director of IES Holdings, Inc. (NASDAQ: IESC), acquired 79 shares of Common Stock in the form of Phantom Stock Units (PSUs) at an effective price of $0.00 per share. Following this transaction, Mr. Gendell directly holds 141,721 shares.
Transaction Details
- Security: Common Stock (Phantom Stock Units)
- Transaction Code: 'A' (Grant, award or other acquisition)
- Volume: 79 shares
- Price: $0.00
- Context: The PSUs were granted under the IES Holdings, Inc. 2006 Equity Incentive Plan as part of Mr. Gendell's election to receive phantom stock units in lieu of cash or stock for his quarterly board retainer. Each PSU converts to one share of common stock upon departure from the board or a change of control.
- Adjustment Note: Holdings also reflect the company's two-for-one stock split distributed in August 2026.
Significance
This transaction carries Low trading significance, as it represents standard board compensation rather than an open-market purchase or sale.
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