TopBuild (BLD) CEO granted 10,734-share equity award with time and performance vesting

Rhea-AI Filing Summary

TopBuild Corp President and CEO Robert M. Buck reported equity awards of company stock. On February 17, 2026, he acquired a total of 10,734 shares of Common Stock through three grant or award transactions, each reported at a reference price of $545.06 per share.

Footnotes explain that some shares are time-based awards that vest in three equal annual installments starting around the first anniversary of the grant, while performance-based shares vest around the third anniversary depending on achievement of specified performance metrics.

Insights

Equity Compensation Analyst

Routine CEO equity grants increase alignment but do not change thesis.

The transactions show Robert M. Buck, President and CEO of TopBuild Corp, receiving equity awards totaling 10,734 common shares via grants coded as awards, not open-market purchases. These awards are part of stock-based compensation, using a grant value reference of $545.06 per share.

Footnotes distinguish between time-based shares, vesting in three equal annual installments starting around the first anniversary, and performance shares, vesting around the third anniversary if performance metrics between 0% and 200% are achieved. Actual realized value depends on future vesting conditions and share price.

These awards are typical of senior executive compensation structures and do not by themselves signal a directional view on the stock. Future company filings may provide additional context on overall dilution and compensation mix.

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
Estimated average burden
hours per response:			0.5

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^*

Buck 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		A		4,294(1)	A	$545.06	67,519	D
Common Stock	02/17/2026		A		3,220(2)	A	$545.06	70,739	D
Common Stock	02/17/2026		A		3,220(2)	A	$545.06	73,959	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. Time based shares vest in three equal annual installments, beginning on or about the first anniversary of the grant.

2. Performance shares vest on or about the third anniversary of the grant pursuant to the achievement of certain performance metrics ranging from 0% to 200%.

	/s/ Luis F. Machado, Attorney-in-Fact	02/18/2026
	** 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 did TopBuild (BLD) CEO Robert M. Buck report in this Form 4?

He reported receiving equity awards totaling 10,734 shares of TopBuild common stock on February 17, 2026. These were classified as grant or award acquisitions rather than open-market purchases or sales, reflecting stock-based compensation.

Were the TopBuild (BLD) CEO Form 4 transactions buys or sales?

The transactions were acquisitions via grants or awards, not open-market buys or sales. They are coded as awards of common stock to the CEO as part of compensation, rather than discretionary purchases or dispositions in the market.

How many TopBuild (BLD) shares were granted to the CEO and at what price?

The CEO received grants totaling 10,734 common shares, each reported with a reference price of $545.06 per share. This price reflects the grant valuation, not cash paid by the executive, since these are stock awards, not market purchases.

How do the time-based TopBuild (BLD) CEO share awards vest?

Time-based awards vest in three equal annual installments, beginning on or about the first anniversary of the grant. This structure encourages retention by spreading the vesting over several years while keeping the CEO exposed to long-term share performance.

How do the performance-based TopBuild (BLD) CEO share awards vest?

Performance-based awards vest on or about the third anniversary of the grant. Vesting depends on achieving specified performance metrics, with payouts ranging from 0% to 200%, directly linking realized shares to the company’s measured performance over the period.

Does this TopBuild (BLD) Form 4 indicate a change in the CEO’s market view?

The filing reflects compensation-related equity awards rather than open-market trades. Because the CEO did not buy or sell shares in the market, it mainly shows ongoing incentive alignment rather than a directional view on the stock price.