IBP completes $37.6M share repurchase from major insider

Rhea-AI Filing Summary

Installed Building Products, Inc. (IBP) reported an insider transaction involving its president, CEO and chairman, who is also a director and 10% owner. On 11/24/2025, the company repurchased 150,000 shares of its common stock from PJAM IBP Holdings, Inc. in a privately negotiated deal at $250.96 per share, for an aggregate purchase price of $37,643,760, under its previously announced stock buyback program.

Following the transaction, PJAM is shown as indirectly holding 2,127,819 shares, with additional holdings reported directly and through affiliated entities and a family trust, reflecting the reporting persons’ remaining economic interest in IBP stock. The repurchase was approved by the board of directors and is stated to be exempt from Section 16(b) under Rule 16b-3(e).

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Edwards Jeffrey W., IBP Holding Co, PJAM IBP Holdings, Inc.

Role President, CEO and Chairman | Insider | Insider

Type	Security	Shares	Price	Value
Disposition	Common Stock, $0.01 par value per share	150,000	$250.96	$37.64M
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 — 2,127,819 shares (Indirect, See footnote); Common Stock, $0.01 par value per share — 183,660 shares (Direct)

Footnotes (1)

1. Pursuant to the Issuer's previously announced stock buyback program, the Issuer entered into a Share Repurchase Agreement with PJAM IBP Holdings, Inc. ("PJAM") for the purchase of 150,000 shares of its common stock in a privately-negotiated transaction for an aggregate purchase price of $37,643,760. The repurchase was approved by the company's board of directors and is exempt from Section 16(b) by the virtue of Rule 16b-3(e). These securities are held directly by PJAM. The Reporting Persons, other than PJAM, disclaim beneficial ownership in the reported securities except to the extent of his or its pecuniary interest therein. IBP Holding Company is the sole shareholder of PJAM. These securities are held directly by Installed Building Systems, Inc. The Reporting Persons, other than Installed Building Systems, Inc., disclaim beneficial ownership in the reported securities except to the extent of his or its pecuniary interest therein. These securities are held by a trust for the benefit of one of Mr. Edwards' children. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Edwards Jeffrey W.

(Last) (First) (Middle)

C/O INSTALLED BUILDING PRODUCTS, INC.

495 S. HIGH STREET, SUITE 50

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Installed Building Products, Inc. [ IBP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO and Chairman

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value per share	11/24/2025		D(1)		150,000	D	$250.96	2,127,819	I	See footnote(2)
Common Stock, $0.01 par value per share								183,660	D
Common Stock, $0.01 par value per share								1,416,194	I	See footnote(3)
Common Stock, $0.01 par value per share								173,408	I	See footnote(4)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Edwards Jeffrey W.

(Last) (First) (Middle)

C/O INSTALLED BUILDING PRODUCTS, INC.

495 S. HIGH STREET, SUITE 50

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO and Chairman

1. Name and Address of Reporting Person^*

IBP Holding Co

(Last) (First) (Middle)

C/O INSTALLED BUILDING PRODUCTS, INC.

495 S. HIGH STREET, SUITE 50

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Director by Deputization

1. Name and Address of Reporting Person^*

PJAM IBP Holdings, Inc.

(Last) (First) (Middle)

C/O INSTALLED BUILDING PRODUCTS, INC.

495 S. HIGH STREET, SUITE 50

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Director by Deputization

Explanation of Responses:

1. Pursuant to the Issuer's previously announced stock buyback program, the Issuer entered into a Share Repurchase Agreement with PJAM IBP Holdings, Inc. ("PJAM") for the purchase of 150,000 shares of its common stock in a privately-negotiated transaction for an aggregate purchase price of $37,643,760. The repurchase was approved by the company's board of directors and is exempt from Section 16(b) by the virtue of Rule 16b-3(e).

2. These securities are held directly by PJAM. The Reporting Persons, other than PJAM, disclaim beneficial ownership in the reported securities except to the extent of his or its pecuniary interest therein. IBP Holding Company is the sole shareholder of PJAM.

3. These securities are held directly by Installed Building Systems, Inc. The Reporting Persons, other than Installed Building Systems, Inc., disclaim beneficial ownership in the reported securities except to the extent of his or its pecuniary interest therein.

4. These securities are held by a trust for the benefit of one of Mr. Edwards' children. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.

Remarks:

	/s/ Michael T. Miller, Attorney-in-Fact	11/24/2025
	/s/ Michael T. Miller, Attorney-in-Fact for IBP Holding Company	11/24/2025
	/s/ Michael T. Miller, Attorney-in-Fact for PJAM IBP Holdings, Inc.	11/24/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did IBP (IBP) report in this Form 4?

IBP reported a privately negotiated repurchase of 150,000 shares of its common stock from PJAM IBP Holdings, Inc. on 11/24/2025.

What was the price and total value of the IBP share repurchase?

The 150,000 IBP shares were repurchased at $250.96 per share, for an aggregate purchase price of $37,643,760.

Who was the selling holder in the IBP insider transaction?

The shares were sold to IBP by PJAM IBP Holdings, Inc., which is an indirect holder of IBP shares reported on this Form 4.

How many IBP shares does PJAM hold after the reported transaction?

After the transaction, PJAM is reported as indirectly holding 2,127,819 IBP shares, according to Table I of the filing.

What roles does the reporting person hold at Installed Building Products, Inc.?

The primary reporting person is a director, 10% owner, and officer of IBP, serving as President, CEO and Chairman.

Was the IBP share repurchase approved and is it exempt from short-swing profit rules?

The repurchase was approved by IBP’s board of directors and is described as being exempt from Section 16(b) by virtue of Rule 16b-3(e).

Are any IBP shares held through entities or trusts related to the reporting person?

Yes. Shares are reported as held by PJAM IBP Holdings, Inc., Installed Building Systems, Inc., and a trust for one of the reporting person’s children, with beneficial ownership disclaimed except for pecuniary interest.