Installed Building Products insider files Form 4 after 7,500‑share charitable gift
Rhea-AI Filing Summary
Jeffrey W. Edwards, President, CEO and Chairman of Installed Building Products, Inc. (IBP), reported a non‑derivative disposition on 08/26/2025 of 7,500 shares of IBP common stock as a gift to a charitable organization. After the reported transaction, Mr. Edwards directly owns 183,660 shares. He also discloses indirect holdings of 2,277,819 shares through PJAM IBP Holdings, Inc., 1,416,194 shares through Installed Building Systems, Inc., and 173,408 shares held in a trust for a child; in each case he disclaims beneficial ownership except to the extent of pecuniary interest. The Form 4 was signed by Michael T. Miller, Attorney‑in‑Fact, on 08/27/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider disclosed a small charitable gift and detailed direct and indirect holdings, consistent with routine Section 16 reporting.
The Form 4 shows a 7,500 share disposition coded as a gift, with no cash proceeds reported. Mr. Edwards retains substantial indirect and direct holdings totaling over 4 million shares across entities and trust interests, though he disclaims beneficial ownership for most indirect positions except for pecuniary interest. This filing is procedural and explanatory, clarifying ownership structures and complying with reporting rules.
TL;DR A routine insider gift; transaction size is immaterial relative to total disclosed holdings and presents no immediate market signal.
The reported 7,500 share gift is reflected at price $0, indicating a charitable disposition rather than a sale. The combination of direct and indirect holdings disclosed (>4,050,000 shares) indicates continued significant alignment between management and company equity, though the reporter formally disclaims beneficial ownership on several pooled holdings. No derivative transactions or option exercises were reported.