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Installed Building Products (NYSE: IBP) CFO buys 990 shares

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

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 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 — 33,284 shares (Direct, null); Common Stock, $0.01 par value per share — 26,420 shares (Indirect, By Trust)
Footnotes (1)
  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 $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. 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. 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. 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. 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. 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. 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. 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. 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. 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 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
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.
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Form 4 Insider Transactions: What Each Field Means →
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.
155 E. BROAD STREET, SUITE 300
(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)
06/11/2026		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 share06/11/2026P65A$195.89(1)33,284D
Common Stock, $0.01 par value per share06/11/2026P278A$196.95(2)33,562D
Common Stock, $0.01 par value per share06/11/2026P145A$197.55(3)33,707D
Common Stock, $0.01 par value per share06/11/2026P14A$198.79(4)33,721D
Common Stock, $0.01 par value per share06/11/2026P1A$200.0333,722D
Common Stock, $0.01 par value per share06/11/2026P133A$201.91(5)33,855D
Common Stock, $0.01 par value per share06/11/2026P99A$202.73(6)33,954D
Common Stock, $0.01 par value per share06/11/2026P20A$204.32(7)33,974D
Common Stock, $0.01 par value per share06/11/2026P80A$205.52(8)34,054D
Common Stock, $0.01 par value per share06/11/2026P155A$206.74(9)34,209D
Common Stock, $0.01 par value per share26,420IBy Trust(10)
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 $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.
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 $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.
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 $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.
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 $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.
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 $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.
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 $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.
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 $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.
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 $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.
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 $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.
10. 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. Miller06/15/2026
** 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

FAQ

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.

At what prices did IBP CFO Michael Miller buy shares on June 11, 2026?

Miller’s purchases were executed in several small trades with reported prices such as $206.74, $205.52, $204.32, $202.73, $201.91 and $195.89 per share. Each line item reflects a separate open‑market transaction in Installed Building Products stock.

How many IBP shares does CFO Michael Miller own directly after the reported trades?

After the reported June 11, 2026 transactions, one entry in the Form 4 shows Michael Miller directly holding 34,209 shares of Installed Building Products common stock. This figure reflects his direct ownership immediately following one of the reported purchase lines.

Does IBP CFO Michael Miller have additional shares held indirectly through a trust?

Yes. The Form 4 lists 26,420 shares of Installed Building Products common stock held indirectly through a trust. A footnote explains that Miller is the sole trustee and sole beneficiary of this trust and exercises sole voting and investment power over those shares.

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.