[Form 4] TopBuild Corp. Insider Trading Activity

Rhea-AI Filing Summary

TopBuild Corp. insider sale disclosed on Form 4. Robert M. Kuhns, identified as Vice President and CFO and a director, reported selling 1,350 shares of TopBuild Corp. (BLD) on 08/22/2025 for aggregate prices in the range $437.40 to $438.42 per share. After the reported sale, Mr. Kuhns beneficially owned 14,283 shares.

The Form 4 was filed individually by the reporting person and signed by an attorney-in-fact on 08/25/2025. The filing notes the sale occurred in multiple transactions and that the reporter will provide, upon request, the number of shares sold at each separate price within the disclosed range.

Insights

Securities Analyst

TL;DR: Insider sold a small block of shares; disclosure is routine and provides limited new information for valuation.

The filing shows a sale of 1,350 shares on 08/22/2025 at prices between $437.40 and $438.42, leaving the insider with 14,283 shares. This is a straightforward Section 16 disclosure of an open-market sale. The information is useful for tracking insider activity and share distribution, but the filing alone does not indicate company operational or financial changes.

Corporate Governance Expert

TL;DR: Transaction is a standard Form 4 disclosure; no governance red flags are apparent from the filing itself.

The report names Robert M. Kuhns as Vice President and CFO and as a director, and documents an individual sale of 1,350 shares with a remaining beneficial ownership of 14,283 shares. The sale was executed in multiple transactions and properly disclosed. There are no statements here about planned dispositions, 10b5-1 plans, or other arrangements that would alter the governance interpretation.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kuhns Robert M

(Last) (First) (Middle)

C/O TOPBUILD CORP.

475 NORTH WILLIAMSON BOULEVARD

(Street)

DAYTONA BEACH FL 32114

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TopBuild Corp [ BLD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President and CFO

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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	08/22/2025		S		1,350	D	$437.47(1)	14,283	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. These shares were sold in multiple transactions at prices ranging from $437.40 - $438.42, inclusive. The reporting person, upon request, will submit to the Securities and Exchange Commission the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Luis F. Machado, Attorney-in-Fact	08/25/2025
	** 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 insider transaction did TopBuild (BLD) report on 08/22/2025?

Robert M. Kuhns reported selling 1,350 shares on 08/22/2025 at prices ranging from $437.40 to $438.42 per share.

How many TopBuild (BLD) shares does Robert M. Kuhns beneficially own after the sale?

After the reported sale, Mr. Kuhns beneficially owned 14,283 shares.

What is Robert M. Kuhns' role at TopBuild (BLD) as stated in the Form 4?

The Form 4 identifies Robert M. Kuhns as a Vice President and CFO and as a director of TopBuild Corp.

Was the Form 4 filed jointly or by one reporting person for BLD?

The Form indicates the form was filed by one reporting person (individual filing).

Did the filing disclose if the sale was executed in multiple transactions?

Yes. The filing states the shares were sold in multiple transactions and provides a price range of $437.40 - $438.42.