[144] INSTALLED BUILDING PRODUCTS, INC. SEC Filing
Installed Building Products, Inc. filed a Form 144 disclosing a proposed sale of 6,500 shares of common stock through Merrill Lynch Pierce, Fenner and Smith, with an aggregate market value of $1,726,856.51. The notice lists 27,326,395 shares outstanding and names the exchange as NASQ with an approximate sale date of 08/14/2025.
The securities were acquired on 04/20/2023 by company issuance from W. Jeffrey Hire and the form notes securities vesting as the nature of payment. The filer reported no securities sold in the past three months and included the standard representation that no undisclosed material adverse information is known.
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Insights
Routine insider sale notice; disclosure provides basic sale terms but shows no recent prior sales.
This Form 144 reports a proposed disposal of 6,500 shares valued at $1,726,856.51 to be executed via Merrill Lynch on 08/14/2025 and identifies the securities as acquired through a company issuance and vesting on 04/20/2023. The filing states there were no sales by the person in the past three months, which aligns with standard insider-sale disclosures. Based solely on the filing text, the disclosure is procedural and contains no additional company-specific adverse information.
Form 144 appears complete for a planned sale; it documents acquisition source and broker, satisfying reporting requirements.
The notice names the broker, provides aggregate market value, outstanding shares, and the acquisition method (company issuance) with securities vesting noted. The signer represents no undisclosed material adverse information. From a governance perspective, the filing demonstrates compliance with Rule 144 reporting obligations; the document does not disclose material governance concerns or departures from standard insider-sale protocol.