Niswonger Jason R 4

What Happened

• Jason R. Niswonger, Chief Administrative Officer & Sustainability for Installed Building Products (IBP), was granted a total of 3,597 performance-based restricted shares on 2026-02-24. The grants were reported as two awards: 3,128 shares and 469 shares, each acquired at $0.00 (no cash paid).
• These awards were certified by the Issuer’s Compensation & Human Capital Committee as meeting the fiscal 2025 performance criteria on February 24, 2026, but remain subject to time-based vesting (see details below). This is an award/grant (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed within the typical 2-business-day Form 4 window).
• Awards: 3,128 shares (granted at $0) and 469 shares (granted at $0) — total 3,597 shares.
• Vesting (per footnotes):
  • 3,128-share award: vests in two equal installments (rounded) on April 20, 2027 and April 20, 2028. (Footnote F1)
  • 469-share award: vests 100% on April 20, 2030. (Footnote F2)
• Shares owned after the transaction: not specified in the Form 4 filing.
• Filing timeliness: timely (no late-filing indication).
• Transaction type/code: Award/Grant (A); these are performance-based restricted stock awards under the Issuer’s 2023 Omnibus Incentive Plan.

Context

• These grants reflect performance-based compensation that will vest over multiple years if time-based conditions are met; they are not immediate cash purchases or sales. Awards like this are common executive compensation and do not, by themselves, indicate insider buying or selling sentiment.