[Form 4] TopBuild Corp. Insider Trading Activity

Rhea-AI Filing Summary

TopBuild Corp (BLD) reporting person Joey M. Viselli, identified as VP and Chief Growth Officer, reported a transaction dated 08/12/2025 selling 467 shares of common stock at $415.44 per share. The Form 4 shows 10,078 shares beneficially owned by Mr. Viselli following the reported transaction.

The filing includes an explanatory note stating the entry "reflects tax withholding and performance share achievement on vesting." The Form 4 is signed by Luis F. Machado as attorney-in-fact on 08/13/2025.

Insights

Securities Analyst

TL;DR: Routine insider disposition tied to vesting; not a market-moving transaction.

The filing documents a sale of 467 shares at $415.44 on 08/12/2025 by Joey M. Viselli, VP and Chief Growth Officer, leaving 10,078 shares beneficially owned. The explanatory note explicitly states this reflects tax withholding on vested performance shares, indicating the shares were surrendered to satisfy tax obligations rather than a discretionary open-market sale for other purposes. From a securities-analysis perspective, this is a standard administrative transaction and does not by itself change the company’s fundamentals.

Corporate Governance Expert

TL;DR: Proper disclosure of an administrative insider transaction consistent with governance norms.

The Form 4 identifies the reporting person, relationship to the issuer, transaction details, and an explicit explanation that the action "reflects tax withholding and performance share achievement on vesting." The form is signed by an attorney-in-fact, Luis F. Machado, on 08/13/2025. This disclosure aligns with Section 16 reporting requirements and demonstrates compliance with insider-reporting rules. There is no indication in the filing of material corporate governance concerns.

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^*

Viselli Joey M

(Last) (First) (Middle)

C/O TOPBUILD CORP.

475 NORTH WILLIAMSON BLVD.

(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)
	VP and Chief Growth Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

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	08/12/2025		S		467	D	$415.44	10,078(1)	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. Reflects tax withholding and performance share achievement on vesting.

	/s/ Luis F. Machado, Attorney-in-Fact	08/13/2025
	** 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

Who filed the Form 4 for TopBuild (BLD)?

Joey M. Viselli, identified as VP and Chief Growth Officer, is the reporting person on the Form 4.

What transaction did the insider report for BLD on 08/12/2025?

The filing reports a sale of 467 shares of TopBuild common stock at $415.44 per share on 08/12/2025.

How many TopBuild shares does the insider own after the transaction?

The Form 4 reports 10,078 shares beneficially owned following the reported transaction.

Why were the shares sold according to the filing?

The filing states the transaction "reflects tax withholding and performance share achievement on vesting."

Who signed the Form 4 and when?

The Form 4 is signed by Luis F. Machado, Attorney-in-Fact on 08/13/2025.