IES Holdings (IESC) director adds stock via 36-share retainer grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baldock Jennifer A reported acquisition or exercise transactions in this Form 4 filing.
IES Holdings, Inc. director Jennifer A. Baldock reported a small equity-based compensation grant rather than an open-market trade. She received 36 shares of common stock at a price of $0.00 per share as part of her director retainer, electing stock instead of cash or phantom stock units under the IES Holdings, Inc. 2006 Equity Incentive Plan.
Following this grant, she holds 5,615 common shares directly and 375 common shares indirectly through a family limited liability company that she co-manages. The filing reflects routine compensation-related share issuance and updated ownership levels.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Baldock Jennifer A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,615 shares (Direct, null);
Common Stock — 375 shares (Indirect, Held in Family LLC)
Footnotes (1)
- Represents shares of common stock granted pursuant to the IES Holdings, Inc. 2006 Equity Incentive Plan, as amended and restated, upon Ms. Baldock electing to receive shares in lieu of cash or phantom stock units for that portion of her retainer. The reporting person is a co-manager of the family limited liability company that owns the reported securities.
Key Figures
Shares granted: 36 shares
Grant price: $0.00 per share
Direct holdings after grant: 5,615 shares
+1 more
4 metrics
Shares granted
36 shares
Common stock grant as part of director retainer
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Direct holdings after grant
5,615 shares
Common stock held directly by Jennifer Baldock
Indirect holdings after update
375 shares
Common stock held via family limited liability company
Key Terms
Equity Incentive Plan, phantom stock units, family limited liability company
3 terms
Equity Incentive Plan financial
"granted pursuant to the IES Holdings, Inc. 2006 Equity Incentive Plan, as amended and restated"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
phantom stock units financial
"electing to receive shares in lieu of cash or phantom stock units for that portion of her retainer"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
family limited liability company financial
"co-manager of the family limited liability company that owns the reported securities"
FAQ
What insider transaction did IESC director Jennifer Baldock report?
Jennifer Baldock reported receiving 36 shares of IES Holdings common stock as compensation. The shares were granted under the company’s 2006 Equity Incentive Plan as part of her director retainer, replacing cash or phantom stock units with actual stock.
Was the IESC Form 4 transaction an open-market purchase or sale?
The Form 4 does not show an open-market purchase or sale. It reflects a compensation-related grant coded “A,” where Baldock received 36 shares in lieu of cash or phantom stock units as part of her director retainer under the company’s equity plan.