Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equi ty, Related Stockholder Matters and Issuer Purchases of Equity Securities
The following table sets forth the high and low closing sales price of our common stock, as reported on The Nasdaq Stock Market LLC under the symbol “III” for the periods shown:
Common Stock
Quarter Ended
High
Low
March 31, 2025
$
4.00
$
2.98
June 30, 2025
4.95
3.45
September 30, 2025
5.97
4.20
December 31, 2025
6.10
5.01
Common Stock
Quarter Ended
High
Low
March 31, 2024
$
4.78
$
3.91
June 30, 2024
4.08
2.94
September 30, 2024
3.56
2.99
December 31, 2024
3.80
3.07
On February 25, 2026, the last reported sale price for our common stock on The Nasdaq Stock Market was $4.69 per share.
As of February 18, 2026, there were 471 holders of record of ISG common stock. The actual number of stockholders is significantly greater than this number of record holders and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers and other nominees. This number of holders of record also does not include stockholders whose shares may be held in trust by other entities.
Dividends to Shareholders
On March 3, 2026, the Board of Directors approved a fourth quarter dividend of $0.045 per share, payable on March 26, 2026, to shareholders of record as of March 20, 2026. These dividends are funded through cash flow from operations, available cash on hand and/or borrowings under our revolving credit facility. We anticipate we will continue to pay regular quarterly dividends on our common stock for the foreseeable future, and the declaration, timing and amounts of any such dividends remain subject to the discretion of our Board of Directors. During the fiscal quarter and fiscal year ended December 31, 2025, we paid dividends and dividend equivalents of $2.2 million and $9.2 million, respectively.
Issuer Purchases of Equity Securities
On August 1, 2023, the Board of Directors approved a stock repurchase plan authorizing the Company to repurchase an aggregate of $25 million in shares of the Company’s common stock, which took effect upon the completion of the Company’s previous repurchase program that was exhausted in the quarter ended March 31, 2024. The Company had approximately $5.9 million in aggregate available under its current share repurchase program as of December 31, 2025. The shares may be repurchased from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, pursuant to a Rule 10b5-1 repurchase plan or by other means in accordance with federal securities laws. The timing, the amount and the method of any repurchases will be determined by the Company’s management based on its evaluation of market conditions, capital allocation alternatives and other factors. There is no guarantee as to the number of shares that will be repurchased, and the repurchase program may be extended, suspended or discontinued at any time without notice at the Company’s discretion.
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The following table details the repurchases that were made during the three months ended December 31, 2025.
Total Number of
Approximate Dollar
Shares
Value of Shares
Total Number of
Purchased
That May Yet Be
Shares
Average
as Part of Publicly
Purchased Under
Purchased
Price Paid per
Announced Plans or Programs
the Plans or Programs
Period
(In thousands)
Share
(In thousands)
(In thousands)
October 1 - October 31
161
$
5.61
161
$
7,324
November 1 - November 30
96
$
5.27
96
$
6,818
December 1 - December 31
150
$
5.90
150
$
5,933
Recent Sales of Unregistered Securities
As previously reported, on September 1, 2025, the Company completed the acquisition of Martino & Partners. In September 2025, in connection with the acquisition, the Company issued 48,356 shares of ISG common stock valued at approximately $0.3 million to the Sellers of Martino & Partners. The issuance of these shares of ISG common stock was exempt from registration under Rule 4(a)(2) promulgated under the Securities Act of 1933, as amended.
Item 6. [Reserved]