IES Holdings Director Receives Phantom Stock Units in Lieu of Retainer

Transaction Summary

On October 1, 2026, IES Holdings, Inc. (NASDAQ: IESC) Director John Louis Fouts acquired 159 shares of Common Stock in the form of Phantom Stock Units (PSUs) at a stated price of $0.00 per share.

Context and Footnote Details

• Nature of Award: According to Footnote 1, the 159 PSUs were awarded under the IES Holdings, Inc. 2006 Equity Incentive Plan pursuant to an election by Mr. Fouts to receive PSUs in lieu of cash or common stock for his director retainer fee. Each PSU converts to one share of common stock upon departure from the board of directors or upon a change of control.
• Adjustments: Footnote 2 highlights that on August 21, 2026, the company executed a 2-for-1 stock split structured as a special stock dividend.
• Holdings Post-Transaction: Following this acquisition, Mr. Fouts directly holds 17,135 shares.

Market and Trading Impact

This transaction represents routine, equity-based compensation earned in connection with standard board retainer fees. Given the non-discretionary open-market nature and modest size (159 shares), the transaction has low significance for price action and overall market sentiment.