FRY TODD R 4

What Happened

• Todd R. Fry, Chief Accounting Officer of Installed Building Products, was granted 1,631 performance-based restricted shares (transaction code A) on February 24, 2026. The filing shows an acquisition price of $0.00 because these were awarded shares, not an open-market purchase.

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26 (timely Form 4 filing).
• Shares granted: 1,631 performance-based restricted shares; reported acquisition price: $0.00.
• Vesting: Shares remain subject to time-based vesting and are scheduled to vest in two equal installments (rounded to the nearest whole share) on April 20, 2027 and April 20, 2028.
• Footnote: The award reflects the Compensation & Human Capital Committee’s certification that performance criteria for fiscal 2025 were achieved on Feb 24, 2026.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• These are performance-based restricted stock awards—compensation tied to company performance and time-based vesting—rather than a market purchase or sale. Such awards compensate executives and do not, by themselves, indicate buying/selling sentiment.