Form 4: Installed Building Products Executive Jason Niswonger Reports Stock Transaction
SEC Form 4 Filing
Jason Niswonger, Chief Admin & Sustainability Officer of Installed Building Products, reports disposition of shares to cover tax obligations.
Summary
- On April 20, 2025, Jason Niswonger, Chief Admin & Sustainability Officer of Installed Building Products, Inc., reported a transaction involving the company's common stock.
- 1,596 shares were disposed of to satisfy tax withholding obligations related to the vesting of 3,522 shares of restricted stock.
- The transaction price was $158.24 per share.
- Following the transaction, Niswonger directly owns 14,476 shares of Installed Building Products, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/20/2025 | Date of stock transaction |
| 04/22/2025 | Date of signature |
Keywords
Form 4, Insider Trading, Stock Transaction, Installed Building Products, IBP, Jason Niswonger, Tax Withholding, Restricted Stock
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