Installed Building Products (IBP) CAO has shares withheld to cover tax on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Installed Building Products, Inc. Chief Accounting Officer Todd R. Fry reported a small, non-market transaction related to restricted stock vesting. On April 20, 2026, 756 shares of common stock were withheld at $309.45 per share to cover tax obligations on the vesting of 1,698 restricted shares under the 2023 Omnibus Incentive Plan. After this tax-withholding disposition, Fry directly holds 7,697 shares of Installed Building Products common stock. This was not an open-market sale and reflects routine tax settlement tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FRY TODD R
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value per share | 756 | $309.45 | $234K |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 7,697 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 756 shares
Withholding price per share: $309.45 per share
Restricted shares vested: 1,698 shares
+1 more
4 metrics
Shares withheld for taxes
756 shares
Tax-withholding disposition on April 20, 2026
Withholding price per share
$309.45 per share
Value used for 756 withheld shares
Restricted shares vested
1,698 shares
Restricted stock vesting under 2023 Omnibus Incentive Plan
Shares held after transaction
7,697 shares
Direct IBP common stock ownership following withholding
Key Terms
restricted stock, tax withholding obligation, 2023 Omnibus Incentive Plan, tax-withholding disposition
4 terms
restricted stock financial
"on vesting of 1,698 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.
tax withholding obligation financial
"Represents shares withheld to satisfy tax withholding obligation on vesting of 1,698 shares"
2023 Omnibus Incentive Plan financial
"restricted stock pursuant to the 2023 Omnibus Incentive Plan"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did IBP’s Todd R. Fry report on this Form 4?
Todd R. Fry reported a tax-withholding disposition of 756 IBP common shares. These shares were withheld to cover taxes owed on the vesting of restricted stock granted as equity compensation.
What vesting event triggered the tax withholding for IBP’s Todd R. Fry?
The tax withholding was triggered by the vesting of 1,698 restricted stock shares. These shares vested under Installed Building Products’ 2023 Omnibus Incentive Plan, which governs equity-based compensation awards for eligible participants.