IESC (NASDAQ) Form 144: Todd Cleveland reports sales totaling $7.26M

Rhea-AI Filing Summary

IESC (Common Stock) notice of proposed sale of securities by an affiliate. The filing lists 15,000 shares and an aggregate dollar figure of $11,250,000.00 associated with the common stock, with a reference date of 06/12/2026. The filing shows transactions by Todd Cleveland: sale of 10,000 shares on 05/08/2026 for $6,630,000.00 and sale of 922 shares on 05/06/2026 for $628,389.00.

Insights

Corporate Governance Analyst

Form 144 shows affiliate sales and reported share counts.

The filing lists an affiliate sale notice covering 15,000 shares and an associated aggregate amount of $11,250,000.00 with an as-of date of 06/12/2026. It separately records two reported dispositions by Todd Cleveland on 05/06/2026 and 05/08/2026, including quantities and gross proceeds.

These entries are routine notices of proposed sales under resale rules. Cash-flow treatment and whether the 15,000 shares figure represents the full notice quantity or a portion are not further detailed in the excerpt; subsequent filings or broker confirmations would show execution details.

Key Figures

Notice quantity: 15,000 shares Aggregate figure: $11,250,000.00 Reference count/date: 19,923,887 +2 more

5 metrics

Notice quantity 15,000 shares listed in filing header

Aggregate figure $11,250,000.00 associated with common stock in header

Reference count/date 19,923,887 appears with date 06/12/2026

Sale — Todd Cleveland (05/08/2026) 10,000 shares for $6,630,000.00 reported sale on 05/08/2026

Sale — Todd Cleveland (05/06/2026) 922 shares for $628,389.00 reported sale on 05/06/2026

Key Terms

Form 144, open market, cash common stock

3 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

open market market

"Common Stock | 08/17/2015 | open market"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

cash common stock financial

"3000 | 09/15/2015 | cash common stock"

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	CJS Securities, Inc. 50 Main Street Suite 325 White Plains NY 10606	15000	11250000.00	19923887	06/12/2026	NASDAQ GM

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	08/17/2015	open market	n/a			1852	08/19/2015	cash
common stock	08/27/2015	open market	n/a			2581	08/31/2015	cash
common stock	09/11/2015	open market	n/a			3000	09/15/2015	cash
common stock	12/04/2015	open market	n/a			5000	12/07/2015	cash
common stock	01/13/2016	open market	n/a			4000	01/15/2016	cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Todd Cleveland 1275 N OAKLAND AVE Nappanee IN 46550	common stock	05/08/2026	10000	6630000.00
Todd Cleveland 1275 N OAKLAND AVE Nappanee IN 46550	common stock	05/06/2026	922	628389.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does IESC's Form 144 disclose about securities offered for sale?

The Form 144 lists 15,000 shares of common stock and an aggregate figure of $11,250,000.00, with a reference date of 06/12/2026. It serves as a notice of proposed affiliate sales under resale rules.

Who reported transactions in the filing for IESC?

The filing shows reported dispositions by Todd Cleveland, including sale of 10,000 shares on 05/08/2026 for $6,630,000.00 and 922 shares on 05/06/2026 for $628,389.00.

Do the Form 144 entries state how the shares were sold?

The excerpt notes several entries described as open market transactions and lists dates and cash proceeds for specific sales. Detailed methods beyond 'open market' are not provided in the excerpt.

What is the company share count referenced in the filing?

The content includes the number 19,923,887 alongside the date 06/12/2026; this figure appears in the filing header context and may represent shares outstanding or a related count on that date.

Does the filing state who receives the sale proceeds?

The excerpt reports gross proceeds for the listed transactions but does not explicitly state the recipient of proceeds beyond the seller names shown in the entries.