STOCK TITAN

[Form 4] IES Holdings, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Joe D. Koshkin, a director of IES Holdings, Inc. (IESC), reported acquiring 72 Phantom Stock Units (PSUs) on 10/01/2025. Following the grant, his reported beneficial ownership is 49,723 shares. The PSUs were granted under the company's 2006 Equity Incentive Plan as part of Mr. Koshkin's election to receive PSUs in lieu of cash or common stock for a portion of his retainer. Each PSU converts to one share of common stock when Mr. Koshkin leaves the board for any reason or upon a defined change of control. The Form 4 was signed by an attorney-in-fact on 10/03/2025.

Joe D. Koshkin, un direttore di IES Holdings, Inc. (IESC), ha riferito di aver acquisito 72 unità di Phantom Stock (PSU) il 10/01/2025. Dopo l'assegnazione, la sua proprietà benefica dichiarata è di 49.723 azioni. Le PSU sono state concesse nell'ambito del piano di incentivo azionario 2006 Equity Incentive Plan dell'azienda, in corrispondenza della scelta del Signor Koshkin di ricevere PSU in luogo di contanti o di azioni ordinarie per una parte del suo onorario. Ogni PSU si converte in un'azione ordinaria quando il Signor Koshkin lascia il consiglio per qualsiasi motivo o in caso di un cambiamento di controllo definito. Il Form 4 è stato firmato da un procuratore il 03/10/2025.

Joe D. Koshkin, director de IES Holdings, Inc. (IESC), informó haber adquirido 72 Unidades de Acciones Fantasma (PSU) el 01/10/2025. Después de la adjudicación, su titularidad beneficiosa reportada es de 49,723 acciones. Las PSU se concedieron bajo el plan de incentivos de acciones 2006 Equity Incentive Plan de la empresa, como parte de la elección del Sr. Koshkin de recibir PSU en lugar de efectivo o acciones comunes por una parte de su retención. Cada PSU se convierte en una acción común cuando el Sr. Koshkin abandona la junta por cualquier motivo o ante un cambio de control definido. El Formulario 4 fue firmado por un apoderado el 03/10/2025.

조 D. 코스킨, IES Holdings, Inc. (IESC)의 이사로서, 72 개의 팬텀 주식 단위(PSU)를 2025년 10월 1일에 취득했다고 보고했습니다. 수여 후 그의 보고된 유익 소유는 49,723 주입니다. PSU는 회사의 2006 Equity Incentive Plan 아래에서, Koshkin 씨가 현금이나 보통주 대신 PSU를 받기로 선택한 일부 보수의 일부로 부여되었습니다. 각 PSU는 Koshkin 씨가 이사회에서 어떤 사유로든 물러나거나 정의된 경영권 변경이 있을 때 보통주 1주로 전환됩니다. Form 4는 2025년 10월 3일에 대리인이 서명했습니다.

Joe D. Koshkin, administrateur de IES Holdings, Inc. (IESC), a déclaré avoir acquis 72 unités d'actions fantômes (PSU) le 01/10/2025. Suite à l'attribution, sa propriété bénéficiaire déclarée est de 49 723 actions. Les PSU ont été accordées dans le cadre du 2006 Equity Incentive Plan de l'entreprise, dans le cadre du choix de M. Koshkin de recevoir des PSU plutôt que des espèces ou des actions ordinaires pour une partie de ses honoraires. Chaque PSU se convertit en une action ordinaire lorsque M. Koshkin quitte le conseil pour quelque raison que ce soit ou lors d'un changement de contrôle défini. Le Formulaire 4 a été signé par un mandataire le 03/10/2025.

Joe D. Koshkin, ein Direktor von IES Holdings, Inc. (IESC), berichtete, 72 Phantom Stock Units (PSUs) am 01.10.2025 erworben zu haben. Nach der Zuteilung beträgt sein gemeldeter wirtschaftlicher Eigentumsanteil 49.723 Aktien. Die PSUs wurden im Rahmen des Unternehmensplans 2006 Equity Incentive Plan gewährt, als Teil der Wahl von Herrn Koshkin, PSU anstelle von Bargeld oder Stammaktien für einen Teil seines Honorars zu erhalten. Jede PSU wandelt sich in eine Stammaktie um, wenn Herr Koshkin aus dem Vorstand aussteht oder bei einer definierten Change of Control. Das Formular 4 wurde von einem Bevollmächtigten am 03.10.2025 unterzeichnet.

جو D. كوشكن، مدير في IES Holdings, Inc. (IESC)، أشار إلى أنه قد حصل على 72 وحدة أسهم شبحية (PSU) في 01/10/2025. بعد المنحة، تكون ملكيته المفيدة المعلنة 49,723 سهماً. تم منح وحدات PSU بموجب خطة الحوافز للأسهم 2006 Equity Incentive Plan للشركة، كجزء من خيار السيد كوشكن لتلقي PSU بدلاً من النقد أو الأسهم العادية لجزء من بدل احتياطه. تتحول كل PSU إلى سهم عادي عندما يغادر السيد كوشكن المجلس لأي سبب كان أو عند حدوث تغيير تحكّم محدد. تم توقيع النموذج 4 من قبل وكيل مُفوَّض في 03/10/2025.

乔 D. 科什金,是 IES Holdings, Inc. (IESC) 的董事,报告在2025/10/01获得了72单位幻股(PSU)。授予后,其申报的受益所有权为49,723股。这些 PSU 根据公司2006 Equity Incentive Plan授予,作为科什金先生选择以 PSU 代替现金或普通股领取部分报酬的一部分。每个 PSU 在科什金先生因任何原因离任董事会或在规定的控制权变更时,转换为一股普通股。Form 4 上由一名授权代理人在2025/10/03签署。

Positive
  • None.
Negative
  • None.

Insights

Director accepted 72 PSUs as retainer compensation; conversion tied to departure or change of control.

This filing documents a routine compensation election under the 2006 Equity Incentive Plan where Mr. Koshkin elected PSUs instead of cash or stock for part of his retainer. The units convert to common shares only upon his departure from the board or a plan-defined change of control, which makes them retention- and event‑contingent.

This change increases his reported beneficial ownership to 49,723 shares, reflecting a disclosure of insider holdings rather than an immediate stock purchase. The concrete, monitorable triggers are the departure from the board or a change of control, as stated in the filing.

Joe D. Koshkin, un direttore di IES Holdings, Inc. (IESC), ha riferito di aver acquisito 72 unità di Phantom Stock (PSU) il 10/01/2025. Dopo l'assegnazione, la sua proprietà benefica dichiarata è di 49.723 azioni. Le PSU sono state concesse nell'ambito del piano di incentivo azionario 2006 Equity Incentive Plan dell'azienda, in corrispondenza della scelta del Signor Koshkin di ricevere PSU in luogo di contanti o di azioni ordinarie per una parte del suo onorario. Ogni PSU si converte in un'azione ordinaria quando il Signor Koshkin lascia il consiglio per qualsiasi motivo o in caso di un cambiamento di controllo definito. Il Form 4 è stato firmato da un procuratore il 03/10/2025.

Joe D. Koshkin, director de IES Holdings, Inc. (IESC), informó haber adquirido 72 Unidades de Acciones Fantasma (PSU) el 01/10/2025. Después de la adjudicación, su titularidad beneficiosa reportada es de 49,723 acciones. Las PSU se concedieron bajo el plan de incentivos de acciones 2006 Equity Incentive Plan de la empresa, como parte de la elección del Sr. Koshkin de recibir PSU en lugar de efectivo o acciones comunes por una parte de su retención. Cada PSU se convierte en una acción común cuando el Sr. Koshkin abandona la junta por cualquier motivo o ante un cambio de control definido. El Formulario 4 fue firmado por un apoderado el 03/10/2025.

조 D. 코스킨, IES Holdings, Inc. (IESC)의 이사로서, 72 개의 팬텀 주식 단위(PSU)를 2025년 10월 1일에 취득했다고 보고했습니다. 수여 후 그의 보고된 유익 소유는 49,723 주입니다. PSU는 회사의 2006 Equity Incentive Plan 아래에서, Koshkin 씨가 현금이나 보통주 대신 PSU를 받기로 선택한 일부 보수의 일부로 부여되었습니다. 각 PSU는 Koshkin 씨가 이사회에서 어떤 사유로든 물러나거나 정의된 경영권 변경이 있을 때 보통주 1주로 전환됩니다. Form 4는 2025년 10월 3일에 대리인이 서명했습니다.

Joe D. Koshkin, administrateur de IES Holdings, Inc. (IESC), a déclaré avoir acquis 72 unités d'actions fantômes (PSU) le 01/10/2025. Suite à l'attribution, sa propriété bénéficiaire déclarée est de 49 723 actions. Les PSU ont été accordées dans le cadre du 2006 Equity Incentive Plan de l'entreprise, dans le cadre du choix de M. Koshkin de recevoir des PSU plutôt que des espèces ou des actions ordinaires pour une partie de ses honoraires. Chaque PSU se convertit en une action ordinaire lorsque M. Koshkin quitte le conseil pour quelque raison que ce soit ou lors d'un changement de contrôle défini. Le Formulaire 4 a été signé par un mandataire le 03/10/2025.

Joe D. Koshkin, ein Direktor von IES Holdings, Inc. (IESC), berichtete, 72 Phantom Stock Units (PSUs) am 01.10.2025 erworben zu haben. Nach der Zuteilung beträgt sein gemeldeter wirtschaftlicher Eigentumsanteil 49.723 Aktien. Die PSUs wurden im Rahmen des Unternehmensplans 2006 Equity Incentive Plan gewährt, als Teil der Wahl von Herrn Koshkin, PSU anstelle von Bargeld oder Stammaktien für einen Teil seines Honorars zu erhalten. Jede PSU wandelt sich in eine Stammaktie um, wenn Herr Koshkin aus dem Vorstand aussteht oder bei einer definierten Change of Control. Das Formular 4 wurde von einem Bevollmächtigten am 03.10.2025 unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Koshkin Joe D

(Last) (First) (Middle)
13131 DAIRY ASHFORD ROAD
SUITE 500

(Street)
SUGAR LAND TX 77478

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IES Holdings, Inc. [ IESC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 10/01/2025 A 72 A $0 49,723 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents Phantom Stock Units ("PSUs") granted pursuant to the IES Holdings, Inc. ("IES") 2006 Equity Incentive Plan, as amended and restated (the "2006 Equity Incentive Plan") upon Mr. Koshkin electing to receive PSUs in lieu of cash or common stock for that portion of his retainer. Each unit converts to one share of IES common stock when either (i) Mr. Koshkin leaves the board of directors for any reason, or (ii) upon a change of control as defined in the 2006 Equity Incentive Plan.
Remarks:
/s/ Mary K. Newman, Attorney-in-Fact 10/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did IESC director Joe Koshkin report on Form 4?

Mr. Koshkin reported receiving 72 Phantom Stock Units on 10/01/2025, increasing his beneficial ownership to 49,723 shares.

When do the PSUs convert to common stock for IESC?

Each Phantom Stock Unit converts to one share of IES common stock when the reporting person leaves the board for any reason or upon a defined change of control under the plan.

Under which plan were the PSUs granted?

The PSUs were granted under the IES 2006 Equity Incentive Plan, as amended and restated.

Who filed the Form 4 and when was it signed?

The Form 4 was signed on behalf of the reporting person by Mary K. Newman, Attorney-in-Fact on 10/03/2025.

Does the Form 4 show an immediate sale or purchase of common stock?

No. The filing reports a grant of PSUs (contingent units), not an immediate open-market purchase or sale of common stock.
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