[Form 4] TopBuild Corp. Insider Trading Activity

Rhea-AI Filing Summary

TopBuild Corp. (BLD) director Tina Donikowski reported a gift of 465 shares of common stock on 09/02/2025, reducing her direct beneficial ownership to 3,780 shares. The transaction is recorded as a bona fide gift with no cash consideration (price $0.00). The Form 4 was filed by one reporting person and executed via attorney-in-fact certification.

Positive

• Timely disclosure of insider transaction consistent with Section 16 reporting obligations
• Transaction recorded as a bona fide gift (transaction code G) with no cash consideration

Negative

• Director's direct holdings decreased by 465 shares to 3,780 shares

Insights

Corporate Governance Expert

TL;DR: A director reported a small, documented gift of shares; disclosure shows compliance with Section 16 reporting rules.

The Form 4 discloses a non-derivative, direct disposition of 465 common shares via a gift (transaction code G). The remaining reported direct ownership is 3,780 shares. From a governance perspective, the filing reflects timely disclosure and use of an attorney-in-fact to execute the form, which is a routine mechanism for insiders. No derivative instruments or compensatory transactions are reported here, and the transaction carries no purchase price, indicating a bona fide transfer rather than sale.

Securities Analyst

TL;DR: The share transfer is small relative to typical insider trades and is unlikely to be material for investors.

The reported gift of 465 shares reduces the director's direct stake to 3,780 shares. The filing shows only one non-derivative transaction and no changes to option holdings or other equity instruments. There is no cash consideration reported and no evidence of sales to the market, suggesting limited immediate market impact. The disclosure is concise and limited to the single gift transaction.

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

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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^*

Donikowski Tina

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		G(1)		465	D	$0.00	3,780	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. Bona fide gift of shares.

	/s/ Luis F. Machado, Attorney-in-Fact	09/03/2025
	** 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 for Tina Donikowski?

Tina Donikowski reported a gift of 465 shares of TopBuild common stock, recorded with transaction code G.

How many TopBuild shares does Tina Donikowski own after the reported transaction?

3,780 shares of TopBuild common stock are reported as beneficially owned following the transaction.

Was there any cash consideration for the reported transaction?

No; the price is recorded as $0.00 and the filing explains the transfer as a bona fide gift.

Does the Form 4 report any derivative or option transactions for this reporting person?

No; Table II for derivative securities contains no reported transactions in this filing.

Who signed the Form 4 filing for the reporting person?

The form was signed by an attorney-in-fact, Luis F. Machado, on behalf of the reporting person.