Installed Building Products (NYSE: IBP) CFO buys 2,400 shares of stock
Filing Impact
Filing Sentiment
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 31,063 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 Trade Summary
Net Buyer: 2,400 shares ($498,771)
Net Buy
15 txns
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 — 31,063 shares (Direct, null);
Common Stock, $0.01 par value per share — 26,420 shares (Indirect, By Trust)
Footnotes (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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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.
Key Figures
Shares purchased: 2,400 shares
Highest purchase price: $217.905 per share
Lowest purchase price: $204.10 per share
+3 more
6 metrics
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
Key Terms
open-market purchase, weighted average sale price, sole trustee and sole beneficiary, voting and investment power, +1 more
5 terms
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
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.
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.