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Installed Building Products (NYSE: IBP) COO granted performance-based stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Installed Building Products, Inc. Chief Operating Officer Brad A. Wheeler reported equity awards of common stock. On February 24, 2026, he acquired 5,983 performance-based restricted shares at $0.00 per share and a separate award of 469 restricted shares, both under the 2023 Omnibus Incentive Plan.

The company’s Compensation & Human Capital Committee certified achievement of fiscal year 2025 performance criteria on that date. The 5,983-share award is scheduled to vest in two equal installments on April 20, 2027 and April 20, 2028, while the 469-share grant is scheduled to vest 100% on April 20, 2030, subject to time-based vesting conditions.

Positive

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Negative

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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*
Wheeler Brad A

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 02/24/2026 A 5,983(1) A $0 14,719 D
Common Stock, $0.01 par value per share 02/24/2026 A 469(2) A $0 15,188 D
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
Explanation of Responses:
1. Represents performance-based restricted shares granted to the Reporting Person under the Issuer's 2023 Omnibus Incentive Plan. The Issuer's Compensation & Human Capital Committee certified the achievement of the performance criteria for fiscal year 2025 on February 24, 2026. The shares remain subject to a time-based vesting requirement and are scheduled to vest in two equal installments (rounded to the nearest whole share) on each of April 20, 2027 and April 20, 2028.
2. Represents performance-based restricted shares granted to the Reporting Person under the Issuer's 2023 Omnibus Incentive Plan. The Issuer's Compensation & Human Capital Committee certified the achievement of the performance criteria for fiscal year 2025 on February 24, 2026. The shares remain subject to a time-based vesting requirement and are scheduled to vest 100% on April 20, 2030.
Remarks:
/s/ Michael T. Miller, Attorney-in-Fact 02/26/2026
** 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 COO Brad A. Wheeler report on this Form 4?

Brad A. Wheeler reported equity awards of common stock, not open-market trades. He received two grants of performance-based restricted shares under Installed Building Products’ 2023 Omnibus Incentive Plan, following certification of fiscal year 2025 performance criteria by the Compensation & Human Capital Committee.

How many IBP shares were granted to COO Brad A. Wheeler in this filing?

He received 5,983 performance-based restricted shares in one grant and 469 restricted shares in a second grant. Both awards are common stock of Installed Building Products and were recorded at a transaction price of $0.00 per share, reflecting stock-based compensation awards.

Were Brad A. Wheeler’s IBP stock awards tied to performance goals?

Yes. Both awards consist of performance-based restricted shares granted under the 2023 Omnibus Incentive Plan. The Compensation & Human Capital Committee certified achievement of the relevant performance criteria for fiscal year 2025 on February 24, 2026, which triggered these equity awards.

What are the vesting schedules for Brad A. Wheeler’s new IBP restricted shares?

The 5,983-share performance-based award is scheduled to vest in two equal installments on April 20, 2027 and April 20, 2028. The separate 469-share award is scheduled to vest 100% on April 20, 2030, subject to continued time-based vesting requirements.

Did Brad A. Wheeler pay cash for the IBP shares reported in this Form 4?

No, the reported awards were granted at a transaction price of $0.00 per share. They represent stock-based compensation in the form of performance-based restricted shares, rather than open-market purchases requiring cash payment by the executive officer.

How did these IBP stock awards affect Brad A. Wheeler’s direct ownership?

After the first 5,983-share grant, his direct holdings rose to 14,719 common shares. Following the second 469-share grant, his direct holdings increased to 15,188 shares, reflecting additional performance-based restricted stock under the company’s incentive plan.
Installed Bldg Prods Inc

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Residential Construction
General Bldg Contractors - Residential Bldgs
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United States
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