IBP executive reports tax-withholding share disposition
Installed Building Products, Inc. President of External Affairs William Jeffrey Hire reported a tax-related share disposition.
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Rhea-AI Filing Summary
Installed Building Products, Inc. President of External Affairs William Jeffrey Hire reported a tax-related share disposition. On the vesting of 7,229 shares of restricted stock under the 2023 Omnibus Incentive Plan, 2,844 shares of common stock were withheld at $309.45 per share to satisfy tax obligations. After this withholding, he directly holds 31,923 shares of common stock. This was a tax-withholding event, not an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $0.01 par value per share | 2,844 | $309.45 | $880K |
Footnotes (1)
- F1. Represents shares withheld to satisfy tax withholding obligation on vesting of 7,229 shares of restricted stock pursuant to the 2023 Omnibus Incentive Plan.
Key Figures
Key Terms
restricted stock financial
2023 Omnibus Incentive Plan financial
tax withholding obligation financial
FAQ
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What insider transaction did IBP executive William Jeffrey Hire report?
Was the IBP Form 4 for William Jeffrey Hire an open-market stock sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.