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Installed Building Products, Inc. — Director's Dealing 2024
Aug 15, 2024
30845_dirs_2024-08-15_41d3052f-559b-41b5-99db-f9a1eabaf90e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Installed Building Products, Inc. (IBP)
CIK: 0001580905
Period of Report: 2024-08-14
Reporting Person: Edwards Jeffrey W. (N/A)
Reporting Person: IBP Holding Co (N/A)
Reporting Person: PJAM IBP Holdings, Inc. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-14 | Common Stock, $0.01 par value per share | D | 100000 | $206.90 | Disposed | 2577819 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 par value per share | 1416194 | Indirect |
| Common Stock, $0.01 par value per share | 195703 | Direct |
| Common Stock, $0.01 par value per share | 173408 | Indirect |
Footnotes
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 $20,690,000. 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, disclaims pecuniary interest in the reported securities except to the extent of his or its economic interest therein.
F3: These securities are held directly by Installed Building Systems, Inc. The Reporting Persons, other than Installed Building Systems, Inc., disclaims 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 securities except to the extent of his or its economic interest therein.