IBP COO receives performance-based stock awards
Installed Building Products, Inc. Chief Operating Officer Brad A. Wheeler reported equity awards of common stock.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value per share | 5,983 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $0.01 par value per share | 469 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
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What insider transaction did IBP COO Brad A. Wheeler report on this Form 4?
Were Brad A. Wheeler’s IBP stock awards tied to performance goals?
How did these IBP stock awards affect Brad A. Wheeler’s direct ownership?
AI-generated analysis. How Rhea-AI works. Not financial advice.