Installed Building Products insider Form 4: $51.5M transaction noted

Rhea-AI Filing Summary

Installed Building Products, Inc. insider filings show that Jeffrey W. Edwards and related entities reported several ownership changes tied to a privately negotiated transaction and ongoing holdings. Mr. Edwards disposed of 200,000 shares at a price of $257.38 per share for an aggregate amount of $51,476,000 under a Share Repurchase Agreement described in the filing. The repurchase was approved by the company's board and described as exempt under Rule 16b-3(e). Post-transaction, the filing reports 2,277,819 shares beneficially owned (indirect) for one reported line and other indirect holdings of 1,416,194 and 173,408 shares; 191,160 shares were also reported as disposed.

Positive

• Board-approved share repurchase executed under a formal Share Repurchase Agreement
• Material transaction fully disclosed with transaction price $257.38 and aggregate proceeds $51,476,000
• Exemption cited under Rule 16b-3(e), indicating procedural steps to avoid short-swing liability

Negative

• Insider disposition of 200,000 shares by Jeffrey W. Edwards, which reduces his direct/indirect holdings
• Multiple entity transfers and disclaimers of beneficial ownership add complexity to ownership clarity for investors

Insights

Financial Analyst

TL;DR Insider sold 200,000 shares at $257.38 each in a board-approved privately negotiated transaction tied to the issuer's repurchase program.

The filing documents a material disposition by a named executive and related entities totaling $51,476,000. Because the transaction was executed pursuant to a Share Repurchase Agreement and noted as exempt under Rule 16b-3(e), it reflects coordination between the reporting person(s) and the issuer rather than an open-market divestiture. Material figures are explicit: 200,000 shares disposed at $257.38 per share and stated beneficial ownership balances of 2,277,819; 1,416,194; and 173,408 shares across reported lines. For investors, the key factual takeaway is the size and structure of the transaction, not subjective motives.

Corporate Governance Expert

TL;DR Board-approved repurchase with affiliated holder sold shares to the issuer; disclosure complies with Section 16 reporting.

The disclosure notes board approval and reliance on Rule 16b-3(e) for exemption, indicating the transaction followed procedures to avoid short-swing profit liability. Multiple reporting persons and entities are disclosed, with explicit disclaimers of beneficial ownership except for pecuniary interest. Signatures by an attorney-in-fact are included. The filing provides clear chain-of-ownership statements and trust disclosures for certain holdings. All material procedural elements required by Section 16 appear documented in the form.

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^*

Edwards Jeffrey W.

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO and Chairman

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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	08/19/2025		D(1)		200,000	D	$257.38	2,277,819	I	See footnote(2)
Common Stock, $0.01 par value per share								1,416,194	I	See footnote(3)
Common Stock, $0.01 par value per share								191,160	D
Common Stock, $0.01 par value per share								173,408	I	See footnote(4)

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

1. Name and Address of Reporting Person^*

Edwards Jeffrey W.

(Last) (First) (Middle)

C/O INSTALLED BUILDING PRODUCTS, INC.

495 S. HIGH STREET, SUITE 50

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO and Chairman

1. Name and Address of Reporting Person^*

IBP Holding Co

(Last) (First) (Middle)

C/O INSTALLED BUILDING PRODUCTS, INC.

495 S. HIGH STREET, SUITE 50

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Director by Deputization

1. Name and Address of Reporting Person^*

PJAM IBP Holdings, Inc.

(Last) (First) (Middle)

C/O INSTALLED BUILDING PRODUCTS, INC.

495 S. HIGH STREET, SUITE 50

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Director by Deputization

Explanation of Responses:

1. Pursuant to the Issuer's previously announced stock buyback program, the Issuer entered into a Share Repurchase Agreement with PJAM IBP Holdings, Inc. ("PJAM") for the purchase of 200,000 shares of its common stock in a privately-negotiated transaction for an aggregate purchase price of $51,476,000. The repurchase was approved by the company's board of directors and is exempt from Section 16(b) by the virtue of Rule 16b-3(e). IBP Holding Company is the sole shareholder of PJAM.

2. These securities are held directly by PJAM. The Reporting Persons, other than PJAM, disclaim beneficial ownership in the reported securities except to the extent of his or its pecuniary interest therein.

3. These securities are held directly by Installed Building Systems, Inc. The Reporting Persons, other than Installed Building Systems, Inc., disclaim beneficial ownership in the reported securities except to the extent of his or its pecuniary interest therein.

4. These securities are held by a trust for the benefit of one of Mr. Edwards' children. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.

Remarks:

	/s/ Michael T. Miller, Attorney-in-Fact	08/20/2025
	/s/ Michael T. Miller, Attorney-in-Fact for IBP Holding Company	08/20/2025
	/s/ Michael T. Miller, Attorney-in-Fact for PJAM IBP Holdings, Inc.	08/20/2025
	** 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 transaction did Jeffrey W. Edwards report on Form 4 for IBP?

The Form 4 reports a disposition of 200,000 shares at $257.38 per share, totaling $51,476,000, executed 08/19/2025.

Was the share sale to or from the issuer under a repurchase program?

Yes. The filing states the transaction was part of a Share Repurchase Agreement between Installed Building Products, Inc. and PJAM IBP Holdings, Inc., approved by the board.

Does the filing indicate the transaction was exempt from short-swing profit rules?

Yes. The filing cites exemption from Section 16(b) by virtue of Rule 16b-3(e).

What beneficial ownership totals are reported after the transaction?

The filing shows reported beneficial ownership lines including 2,277,819 shares (indirect) and other indirect holdings of 1,416,194 and 173,408 shares; it also notes a separate 191,160 share disposition.

Who signed the Form 4?

The document is signed on behalf of the reporting persons by Michael T. Miller, Attorney-in-Fact with dates 08/20/2025.