Installed Building Products (IBP) William Hire Receives Award

What Happened

• William Hire, President of External Affairs at Installed Building Products (IBP), was granted 1,768 performance-based restricted shares on Feb 24, 2026. The grant is reported as an acquisition at $0.00 per share (reported value $0).
• The award was granted under the company's 2023 Omnibus Incentive Plan after the Compensation & Human Capital Committee certified achievement of the fiscal 2025 performance criteria.

Key Details

• Transaction date: 2026-02-24; transaction type: Award/Grant (code A); price reported: $0.00.
• Shares acquired: 1,768 performance-based restricted shares; reported total value: $0.
• Vesting: Shares remain subject to time-based vesting and are scheduled to vest in two equal installments (rounded to nearest whole share) on April 20, 2027 and April 20, 2028 (per footnote).
• Filing: Form 4 filed Feb 26, 2026 (covers transaction dated Feb 24, 2026) — appears timely under typical Form 4 rules.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• These were performance-based restricted shares (a compensation award), not an open-market purchase or sale. Such grants reflect company compensation decisions after meeting performance targets and do not by themselves indicate insider buying or selling sentiment.
• The shares are subject to future vesting dates, so they are not immediately liquid.