Jeffrey W. Edwards - Mar 7, 2025 Form 4 Insider Report for Installed Building Products, Inc. (IBP)

Role: President, CEO and Chairman, Director, 10%+ Owner
Signature: /s/ Michael T. Miller, Attorney-in-Fact for Jeffrey W. Edwards
Stock symbol: IBP
Transactions as of: Mar 7, 2025
Transactions value $: -$16,875,000
Form type: 4
Date filed: 3/10/2025, 04:30 PM
Previous filing: Feb 27, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IBP	Common Stock, $0.01 par value per share	Disposed to Issuer	-$16.9M	-100K	-3.88%	$168.75	2.48M	Mar 7, 2025	See footnote	F1, F2
holding	IBP	Common Stock, $0.01 par value per share						1.42M	Mar 7, 2025	See footnote	F3
holding	IBP	Common Stock, $0.01 par value per share						214K	Mar 7, 2025	Direct
holding	IBP	Common Stock, $0.01 par value per share						173K	Mar 7, 2025	See footnote	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Pursuant to the Issuer's previously announced stock buyback program, the Issuer entered into a Share Repurchase Agreement with PJAM IBP Holdings, Inc. ("PJAM") for the purchase of 100,000 shares of its common stock in a privately-negotiated transaction for an aggregate purchase price of $16,875,000. The repurchase was approved by the company's board of directors and is exempt from Section 16(b) by virtue of Rule 16b-3(e). IBP Holding Company is the sole shareholder of PJAM.
F2	These securities are held directly by PJAM. The Reporting Persons, other than PJAM, disclaim beneficial ownership in the reported securities except to the extent of his or its pecuniary interest therein.
F3	These securities are held directly by Installed Building Systems, Inc. The Reporting Persons, other than Installed Building Systems, Inc., disclaim beneficial ownership in the reported securities except to the extent of his or its pecuniary interest therein.
F4	These securities are held by a trust for the benefit of one of Mr. Edwards' children. The Reporting Persons disclaim beneficial ownership in the reported secruties except to the extent of his or its pecuniary interest therein.