Schedule 13G/A: Jeffrey Edwards and Affiliates Own 15.6% of IBP
Rhea-AI Filing Summary
This Schedule 13G/A reports that Jeffrey W. Edwards and affiliated entities beneficially own 4,258,581 shares of Installed Building Products common stock, representing 15.6% of the class based on 27,326,395 shares outstanding per the issuer's filing. The disclosure breaks ownership into sole and shared voting and dispositive power: Mr. Edwards holds 191,160 shares with sole voting and dispositive power and 4,067,421 shares with shared voting and dispositive power.
Affiliated holders include IBP Holding Company and PJAM IBP Holdings, Inc.
Positive
- Aggregate ownership of 4,258,581 shares (15.6%) is clearly disclosed
- Detailed breakdown of sole versus shared voting and dispositive power across related entities is provided
Negative
- None.
Insights
TL;DR: Edwards and affiliates report a material 15.6% stake with detailed voting/dispositive breakdowns; disclosure is informational.
The filing shows a concentrated stake totaling 4,258,581 shares (15.6%), allocated across Mr. Edwards and three affiliated entities. The breakdown between sole and shared voting and dispositive power is explicit, which helps quantify direct versus indirect control. From a capital-structure perspective, a 15.6% position is material to float and could influence shareholder dynamics, though the form type indicates this is a disclosure of ownership rather than a reported change of control or transaction.
TL;DR: Significant cross-held ownership by related entities is disclosed; governance implications depend on how shared voting aligns in practice.
The document details related-party holdings across IBP Holding, PJAM and Installed Building Systems, specifying shared voting and dispositive authority over sizeable pools of shares. The explicit identification of a trust holding 173,408 shares adds granularity about family-related interests. For governance review, the key facts are the 9.1% and 5.2% stakes at the entity level and the aggregate 15.6% position reported for Mr. Edwards and affiliates.