Form 4: Installed Building Products Executive VP & CFO Reports Stock Transaction

Michael T. Miller, Executive VP & CFO of Installed Building Products, reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock.

Summary

• On April 20, 2025, Michael T. Miller, Executive VP & CFO of Installed Building Products, Inc., filed a Form 4.
• The filing reports the withholding of 4,291 shares of common stock to satisfy tax obligations related to the vesting of 10,908 shares of restricted stock.
• The price per share for the transaction was $158.24.
• Following the transaction, Mr. Miller directly owns 23,564 shares and indirectly owns 33,320 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock, which is a common form of executive compensation.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the withholding of shares for tax obligations, which is a standard procedure.

Key Dates

Keywords

Form 4, Installed Building Products, IBP, Michael T. Miller, Stock Transaction, Executive VP & CFO, Tax Withholding, Restricted Stock, Beneficial Ownership