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Insider Trends: Insider at IES Holdings Acquires Stock Via Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact

6:42PM ET 9/13/2019 MT Newswires
On Sep 11, 2019, Gail D Makode, SVP, GC & Secretary, exercised options/derivative securities for 17,500 shares of IES Holdings (IESC) and sold 9,394 shares in the company for $179,801 to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 8,106 company shares. Subsequent to the Form 4 filing with the SEC, Makode owns 57,914 shares of company stock, with a market value, based on the prior-day closing price, of $1.16 million.

There have been 8 insider transactions during the 90-day period previous to the date of this filing from the activities of 7 individual insiders all of which have been purchases and resulted in the acquisition of 9,228 company shares. In the preceding 90-day window of time, there were 7 transactions from 7 insiders which resulted in the net disposition of 6,520 shares.

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