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Ieh corp director Michael Rosenfeld sells $163,221 of IEHC stock

Ieh corp director Michael Rosenfeld sells $163,221 of IEHC stock

IEH Corp director Michael E. Rosenfeld recently divested himself of $163,221 worth of the company's common stock, as reported in a recent Form 4 filing with the Securities and Exchange Commission. The transactions took place on September 3 and 4, 2026, where Rosenfeld sold a total of 5,000 shares at prices ranging from $32.51 to $32.95 per share. Post these sales, Rosenfeld holds no direct beneficial ownership in IEH Corp common stock.

Rosenfeld's sale comes at a time when IEHC stock is trading close to its 52-week high of $33.88, following a remarkable 240% year-to-date increase. However, InvestingPro's analysis suggests that the stock is currently overvalued relative to its Fair Value. Investors can delve deeper into the company's investment potential by examining 14 supplementary InvestingPro Tips and comprehensive valuation metrics.

This filing is an amendment to a previous Form 4 submitted on August 20, 2026, aiming to correct details regarding the dates and prices of earlier share sales and to include additional shares. IEH Corp has also faced a cybersecurity incident, as disclosed in a recent filing with the SEC. The company reported that a threat actor had accessed an employee's Microsoft 365 mailbox via a phishing attack.

The scam involved a fraudulent link disguised as a Microsoft document-sharing request, which the employee fell for, inadvertently handing over their credentials to the attacker. The incident underscores the ongoing cybersecurity challenges that businesses face and the critical need for vigilance in managing digital communications.

Despite these developments, no further details on the incident's impact or potential data breach were provided.

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