Form 4: Installed Building Products Executive VP & CFO Michael Miller Reports Stock Sales and Charitable Donation

Michael Miller, Executive VP & CFO of Installed Building Products, reports the sale of common stock and a donation of shares to a donor-advised fund.

Summary

• On March 4, 2024, Michael Miller, Executive VP & CFO of Installed Building Products, sold 3,832 shares of common stock at a weighted average price of $243.0336 per share.
• He also sold 1,168 shares of common stock on the same day at a weighted average price of $244.3655 per share.
• On March 6, 2024, Miller donated 5,000 shares to a donor-advised fund.
• Following these transactions, Miller directly owns 25,593 shares and indirectly owns 33,320 shares through a trust.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the Securities and Exchange Act of 1934. It provides transparency to the market regarding the buying and selling activities of company executives.

Stakeholder Impact

• The stock sales and donation may have a minor impact on shareholders due to the change in ownership.

Key Dates