Installed Building Products insider files Form 144/A to sell 6,500 shares

Rhea-AI Filing Summary

Installed Building Products' Form 144/A discloses a proposed sale of 6,500 shares of the company's common stock through Merrill Lynch, Pierce, Fenner & Smith Incorporated, with an aggregate market value of $1,726,856.00. The sale is expected to occur approximately on 08/14/2025 on NASQ and the filing reports 27,326,395 shares outstanding and no securities sold in the past three months.

The filing shows the securities were acquired on 04/20/2023 via a company issuance (6,610 shares recorded at acquisition) with payment dated 04/20/2023. The notice includes the signer’s representation that there is no undisclosed material adverse information and the standard attestation regarding trading plans and criminal penalties for misstatements.

Insights

Financial Analyst

TL;DR: Routine insider sale of 6,500 IBP shares; size appears immaterial relative to total shares outstanding.

The filing documents a proposed sale of 6,500 shares valued at $1,726,856 to be executed through a major broker on NASQ. The seller acquired 6,610 shares in a company issuance on 04/20/2023 and reports no sales in the past three months. From a market-impact perspective, the disclosed lot is small versus 27,326,395 shares outstanding and thus likely has limited direct effect on liquidity or valuation. The representation of no undisclosed material adverse information and the use of an established broker align with routine compliance practices.

Corporate Governance Expert

TL;DR: Form 144/A shows procedural compliance with Rule 144 and standard attestation; not a governance red flag on its face.

The notice includes required information about acquisition date, nature of acquisition

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A

144/A: Filer Information

Filer CIK
Filer CCC
Previous Accession Number Of The Filing
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144/A: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144/A: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
INSTALLED BUILDING PRODUCTS INC SHS	Merrill Lynch, Pierce, Fenner & Smith Incorporated 225 Liberty Street, 39/F New York NY 10281	6500	1726856.00	27326395	08/14/2025	NASQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
INSTALLED BUILDING PRODUCTS INC SHS	04/20/2023	COMPANY ISSUANCE	INSTALLED BUILDING PRODUCTS INC			6610	04/20/2023	company issuance

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

Nothing to Report

144/A: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144/A for Installed Building Products (IBP) disclose?

The filing discloses a proposed sale of 6,500 shares of IBP stock with an aggregate market value of $1,726,856.00, to be executed on 08/14/2025 on NASQ via Merrill Lynch.

Who is the broker handling the proposed IBP share sale?

The broker named is Merrill Lynch, Pierce, Fenner & Smith Incorporated, with execution noted on NASQ.

When and how were the securities being sold originally acquired?

The securities were acquired on 04/20/2023 by company issuance, with 6,610 shares recorded at acquisition and payment dated 04/20/2023.

Were any IBP securities sold by the reporting person in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Does the Form 144/A include any attestation about undisclosed information?

Yes. The signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed and includes the standard attestation language.