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IBP CFO buys 2,400 shares in open market

Installed Building Products, Inc. Executive VP & CFO Michael Thomas Miller reported open-market purchases of 2,400 shares of common stock on May 11, 2026.

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Installed Building Products, Inc. Executive VP & CFO Michael Thomas Miller reported open-market purchases of 2,400 shares of common stock on May 11, 2026. The trades were executed in multiple lots at prices between $204.10 and $217.905 per share.

After these purchases, Miller directly owns 33,219 shares. In addition, a trust holds 26,420 shares, where he is the sole trustee and sole beneficiary and exercises sole voting and investment power. Overall, the filing shows a net increase in his ownership position in IBP stock.

Positive

  • None.

Negative

  • None.
Insider Miller Michael Thomas
Role Executive VP & CFO
Bought 2,400 shs ($499K)
Type Security Shares Price Value
Purchase Common Stock, $0.01 par value per share 244 $204.10 $50K
Purchase Common Stock, $0.01 par value per share 520 $205.08 $107K
Purchase Common Stock, $0.01 par value per share 802 $206.06 $165K
Purchase Common Stock, $0.01 par value per share 154 $207.04 $32K
Purchase Common Stock, $0.01 par value per share 110 $208.43 $23K
Purchase Common Stock, $0.01 par value per share 70 $209.31 $15K
Purchase Common Stock, $0.01 par value per share 40 $210.58 $8K
Purchase Common Stock, $0.01 par value per share 50 $211.48 $11K
Purchase Common Stock, $0.01 par value per share 20 $212.75 $4K
Purchase Common Stock, $0.01 par value per share 50 $213.88 $11K
Purchase Common Stock, $0.01 par value per share 30 $215.24 $6K
Purchase Common Stock, $0.01 par value per share 190 $216.33 $41K
Purchase Common Stock, $0.01 par value per share 110 $217.46 $24K
Purchase Common Stock, $0.01 par value per share 10 $217.905 $2K
holding Common Stock, $0.01 par value per share -- -- --
Holdings After Transaction: Common Stock, $0.01 par value per share — 33,219 shares (Direct); Common Stock, $0.01 par value per share — 26,420 shares (Indirect, By Trust)
Footnotes (14)
  1. F1. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $203.5700 to $204.5366. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  2. F2. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $204.6200 to $205.6100. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  3. F3. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $205.6250 to $206.5750. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  4. F4. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $206.8050 to $207.6850. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  5. F5. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $208.0250 to $208.9850. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  6. F6. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $209.0400 to $209.8300. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  7. F7. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $210.1400 to $211.0458. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  8. F8. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $211.2688 to $212.0960. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  9. F9. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $212.4521 to $213.0500. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  10. F10. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $213.5600 to $214.3100. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  11. F11. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $214.8000 to $215.2550. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  12. F12. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $215.8050 to $216.7450. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  13. F13. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $216.8600 to $217.8100. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  14. F14. These shares are held by a trust of which Mr. Miller is the sole trustee and sole beneficiary and exercises sole voting and investment power.
Shares purchased 2,400 shares Open-market buys on May 11, 2026
Highest purchase price $217.905 per share Single transaction price on May 11, 2026
Lowest purchase price $204.10 per share Single transaction price on May 11, 2026
Direct holdings after trades 31,063 shares Common stock directly owned after May 11, 2026
Trust holdings 26,420 shares Held by trust where Miller is sole trustee and beneficiary
Net buy shares 2,400 shares Net buy-sell direction in transaction summary
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average sale price financial
"The price represents the weighted average sale price for multiple transactions"
sole trustee and sole beneficiary financial
"These shares are held by a trust of which Mr. Miller is the sole trustee and sole beneficiary"
voting and investment power financial
"and exercises sole voting and investment power"
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: By Trust"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did IBP Executive VP & CFO Michael Thomas Miller do in this Form 4 filing?
Michael Thomas Miller reported buying IBP shares. The Form 4 shows open-market purchases totaling 2,400 shares of Installed Building Products common stock on May 11, 2026, along with updated direct and trust holdings reported after the transactions.

How many Installed Building Products (IBP) shares did the CFO buy?
The CFO bought 2,400 IBP shares. According to the Form 4, Michael Thomas Miller executed multiple open-market purchase transactions on May 11, 2026, which together increased his direct ownership by 2,400 shares of IBP common stock.

At what prices did the IBP CFO purchase the 2,400 shares?
The purchases were made between about $204 and $218 per share. Individual transaction lines show prices ranging from $204.10 to $217.905 per share, reflecting multiple small open-market trades during the same trading day.

How many IBP shares does the CFO own directly after these transactions?
His direct holdings total 31,063 IBP shares. The Form 4 states that following the May 11, 2026 open-market purchases, Michael Thomas Miller directly owns 31,063 shares of Installed Building Products common stock in his own name.

What is the role of the trust mentioned in the IBP Form 4 filing?
A separate trust holds additional IBP shares for the CFO. The filing reports 26,420 shares held by a trust where Michael Thomas Miller is sole trustee and sole beneficiary, with sole voting and investment power over those shares.

Is this IBP Form 4 primarily a buy or sell filing?
The filing reflects a net buy of IBP shares. Transaction summary data shows 14 buy transactions totaling 2,400 shares, no reported sales, and one holding entry for the trust, resulting in an overall net-buy position for the reported period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Miller Michael Thomas
(Last)(First)(Middle)
C/O INSTALLED BUILDING PRODUCTS, INC.
495 S. HIGH STREET, SUITE 50
(Street)
COLUMBUS OHIO 43215
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Installed Building Products, Inc. [ IBP ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive VP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, $0.01 par value per share05/11/2026P244A$204.1(1)31,063D
Common Stock, $0.01 par value per share05/11/2026P520A$205.08(2)31,583D
Common Stock, $0.01 par value per share05/11/2026P802A$206.06(3)32,385D
Common Stock, $0.01 par value per share05/11/2026P154A$207.04(4)32,539D
Common Stock, $0.01 par value per share05/11/2026P110A$208.43(5)32,649D
Common Stock, $0.01 par value per share05/11/2026P70A$209.31(6)32,719D
Common Stock, $0.01 par value per share05/11/2026P40A$210.58(7)32,759D
Common Stock, $0.01 par value per share05/11/2026P50A$211.48(8)32,809D
Common Stock, $0.01 par value per share05/11/2026P20A$212.75(9)32,829D
Common Stock, $0.01 par value per share05/11/2026P50A$213.88(10)32,879D
Common Stock, $0.01 par value per share05/11/2026P30A$215.24(11)32,909D
Common Stock, $0.01 par value per share05/11/2026P190A$216.33(12)33,099D
Common Stock, $0.01 par value per share05/11/2026P110A$217.46(13)33,209D
Common Stock, $0.01 par value per share05/11/2026P10A$217.90533,219D
Common Stock, $0.01 par value per share26,420IBy Trust(14)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $203.5700 to $204.5366. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
2. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $204.6200 to $205.6100. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
3. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $205.6250 to $206.5750. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
4. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $206.8050 to $207.6850. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
5. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $208.0250 to $208.9850. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
6. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $209.0400 to $209.8300. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
7. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $210.1400 to $211.0458. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
8. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $211.2688 to $212.0960. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
9. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $212.4521 to $213.0500. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
10. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $213.5600 to $214.3100. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
11. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $214.8000 to $215.2550. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
12. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $215.8050 to $216.7450. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
13. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $216.8600 to $217.8100. The Reporting Person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
14. These shares are held by a trust of which Mr. Miller is the sole trustee and sole beneficiary and exercises sole voting and investment power.
Remarks:
Michael T. Miller05/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

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