IBP CFO buys 990 shares in open-market trades
Installed Building Products Executive VP & CFO Michael Thomas Miller reported open-market purchases of 990 shares of the company’s common stock on June 11, 2026.
Rhea-AI Filing Summary
Installed Building Products Executive VP & CFO Michael Thomas Miller reported open-market purchases of 990 shares of the company’s common stock on June 11, 2026. The shares were bought in multiple small transactions at prices generally around the low- to mid‑$200s per share. Following these purchases, one line in the filing shows Miller directly owning 34,209 shares of common stock. A separate entry reports 26,420 shares held indirectly through a trust, where a footnote states he is the sole trustee and sole beneficiary with sole voting and investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 990 shares
Net Buy
11 txns
Insider
Miller Michael Thomas
Role
Executive VP & CFO
Bought
990 shs ($199K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.01 par value per share | 65 | $195.89 | $13K |
| Purchase | Common Stock, $0.01 par value per share | 278 | $196.95 | $55K |
| Purchase | Common Stock, $0.01 par value per share | 145 | $197.55 | $29K |
| Purchase | Common Stock, $0.01 par value per share | 14 | $198.79 | $3K |
| Purchase | Common Stock, $0.01 par value per share | 1 | $200.03 | $200.03 |
| Purchase | Common Stock, $0.01 par value per share | 133 | $201.91 | $27K |
| Purchase | Common Stock, $0.01 par value per share | 99 | $202.73 | $20K |
| Purchase | Common Stock, $0.01 par value per share | 20 | $204.32 | $4K |
| Purchase | Common Stock, $0.01 par value per share | 80 | $205.52 | $16K |
| Purchase | Common Stock, $0.01 par value per share | 155 | $206.74 | $32K |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 34,209 shares (Direct);
Common Stock, $0.01 par value per share — 26,420 shares (Indirect, By Trust)
Footnotes (10)
- 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 $195.2738 to $196.2670. 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.
- 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 $196.3250 to $197.3100. 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.
- 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 $197.3791 to $198.0100. 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.
- 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 $198.4350 to $198.8410. 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.
- 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 $201.3100 to $202.2750. 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.
- 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 $202.4100 to $203.2123. 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.
- 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 $203.9100 to $204.7300. 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.
- 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 $204.9900 to $205.9500. 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.
- 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 $206.5250 to $207.0400. 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.
- F10. 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: 990 shares
Purchase price example: $206.74 per share
Purchase price example: $195.89 per share
+3 more
6 metrics
Shares purchased
990 shares
Open-market buys on June 11, 2026
Purchase price example
$206.74 per share
One of several June 11, 2026 open-market trades
Purchase price example
$195.89 per share
Another June 11, 2026 open-market trade
Direct holdings after transaction
34,209 shares
Total shares following one reported June 11, 2026 line
Indirect trust holdings
26,420 shares
Held by trust with sole voting and investment power
Number of buy transactions
10 transactions
Non-derivative open-market purchases on June 11, 2026
Key Terms
open-market purchase, weighted average sale price, sole voting and investment power, trust
4 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 voting and investment power financial
"Miller is the sole trustee and sole beneficiary and exercises sole voting and investment power"
trust financial
"These shares are held by a trust of which Mr. Miller is the sole trustee"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IBP CFO Michael Miller report on this Form 4?
IBP Executive VP & CFO Michael Miller reported buying 990 shares of Installed Building Products common stock in multiple open-market transactions on June 11, 2026. The trades were recorded at various prices around the low- to mid‑$200s per share.
What does the transaction summary on IBP CFO Miller’s Form 4 indicate?
The transaction summary shows 10 buy transactions and no sales, for net purchases of 990 shares. All reported trades involve non‑derivative common stock of Installed Building Products, with no option exercises, gifts, or tax‑withholding entries in this filing.
What is the overall direction of IBP CFO Miller’s insider activity in this filing?
The Form 4 reflects a net-buy pattern, with 990 shares of Installed Building Products stock purchased and no reported sales. All coded transactions carry the “P” designation, indicating open‑market or private purchase activity rather than dispositions or derivative exercises.
AI-generated analysis. How Rhea-AI works. Not financial advice.
