Installed Building Products (NYSE: IBP) CEO reports tax-withholding on restricted stock vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Installed Building Products, Inc. executive equity update: President, CEO and Chairman Jeffrey W. Edwards had 11,214 shares of common stock withheld on April 20, 2026 to satisfy tax obligations on the vesting of 26,799 restricted shares under the 2023 Omnibus Incentive Plan, at a value of $309.45 per share. Following this tax-withholding disposition, he holds 196,303 common shares directly.
Additional indirect holdings are reported through related entities and a family trust, including 173,408 shares held by PJAM IBP Holdings, Inc., 1,416,194 shares held by Installed Building Systems, Inc., and 1,727,819 shares held by a trust for one of his children. Edwards disclaims beneficial ownership of these indirect positions except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Edwards Jeffrey W.
Role
President, CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value per share | 11,214 | $309.45 | $3.47M |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 196,303 shares (Direct, null);
Common Stock, $0.01 par value per share — 1,727,819 shares (Indirect, See footnote)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligation on vesting of 26,799 shares of restricted stock pursuant to the 2023 Omnibus Incentive Plan. These securities are held directly by PJAM IBP Holdings, Inc. ("PJAM"). The Reporting Person disclaims beneficial ownership in the reported securities except to the extent of his pecuniary interest therein. IBP Holding Company is the sole shareholder of PJAM. These securities are held directly by Installed Building Systems, Inc. The Reporting Person disclaims beneficial ownership in the reported securities except to the extent of his pecuniary interest therein. These securities are held by a trust for the benefit of one of Mr. Edwards' children. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Key Figures
Tax-withheld shares: 11,214 shares
Withholding price: $309.45 per share
Direct holdings after transaction: 196,303 shares
+4 more
7 metrics
Tax-withheld shares
11,214 shares
Withheld for tax obligations on April 20, 2026
Withholding price
$309.45 per share
Value used for tax-withholding disposition
Direct holdings after transaction
196,303 shares
Common stock held directly by Edwards after withholding
Indirect PJAM holdings
173,408 shares
Held by PJAM IBP Holdings, Inc.
Indirect IBS holdings
1,416,194 shares
Held by Installed Building Systems, Inc.
Child’s trust holdings
1,727,819 shares
Held by a trust for one of Edwards’ children
Vested restricted stock
26,799 shares
Restricted shares vested under 2023 Omnibus Incentive Plan
Key Terms
restricted stock, 2023 Omnibus Incentive Plan, tax withholding obligation, pecuniary interest, +1 more
5 terms
restricted stock financial
"vesting of 26,799 shares of restricted stock pursuant to the 2023 Omnibus Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2023 Omnibus Incentive Plan financial
"restricted stock pursuant to the 2023 Omnibus Incentive Plan"
tax withholding obligation financial
"shares withheld to satisfy tax withholding obligation on vesting of 26,799 shares"
pecuniary interest financial
"disclaims beneficial ownership in the reported securities except to the extent of his pecuniary interest therein"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership in the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did IBP CEO Jeffrey Edwards report on this Form 4?
Jeffrey W. Edwards reported a tax-withholding disposition, where 11,214 Installed Building Products common shares were withheld to cover taxes on vested restricted stock. This was not an open-market sale but a standard mechanism tied to equity compensation vesting.
Was the IBP Form 4 transaction an open-market sale by Jeffrey Edwards?
No, the transaction was coded “F,” indicating shares were withheld to satisfy tax obligations on restricted stock vesting. This represents a tax-withholding disposition rather than a discretionary open-market sale of Installed Building Products shares by Edwards.
What equity award triggered the tax withholding reported for IBP’s CEO?
The tax withholding arose from the vesting of 26,799 shares of restricted stock granted under Installed Building Products’ 2023 Omnibus Incentive Plan. When these restricted shares vested, a portion was withheld to cover the resulting tax liability.