Installed Building Products (IBP) awards performance-based restricted shares to executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Niswonger Jason R reported acquisition or exercise transactions in this Form 4 filing.
Installed Building Products executive Jason R. Niswonger received two performance-based restricted stock awards of the company’s common stock. One grant covers 3,128 shares tied to certified fiscal 2025 performance and will vest in two equal installments on April 20, 2027 and April 20, 2028. A second grant covers 469 shares, also based on fiscal 2025 performance, scheduled to vest 100% on April 20, 2030. After these equity awards, his directly owned common stock holdings increased to 18,073 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Niswonger Jason R
Role
Chief Admin. & Sustainability
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value per share | 3,128 | $0.00 | -- |
| Grant/Award | Common Stock, $0.01 par value per share | 469 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 17,604 shares (Direct)
Footnotes (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. 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
What insider transaction did IBP executive Jason R. Niswonger report?
Jason R. Niswonger reported receiving two grants of performance-based restricted common stock. The awards total 3,128 shares in one grant and 469 shares in another, both tied to fiscal 2025 performance under IBP’s 2023 Omnibus Incentive Plan.
What performance period applies to Jason R. Niswonger’s new IBP stock awards?
Both restricted stock awards relate to performance criteria for fiscal year 2025. IBP’s Compensation & Human Capital Committee certified achievement of these criteria on February 24, 2026, which triggered the performance-based aspect; the shares then remain subject to specified time-based vesting schedules.