Wheeler Brad A 4
4 · Installed Building Products, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Installed Building Products (IBP) COO Brad Wheeler Receives Stock Award
What happened
Brad A. Wheeler, Chief Operating Officer of Installed Building Products (IBP), was granted a total of 6,452 performance-based restricted shares on Feb 24, 2026. The grants were reported on a Form 4 filed Feb 26, 2026. The awards were issued at $0.00 per share (no cash exchanged) and are performance-based but remain subject to time-based vesting.
Key details
- Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (filed timely).
- Grants: 5,983 shares (Footnote F1) and 469 shares (Footnote F2), total = 6,452 shares; price per share reported = $0.00.
- Vesting: F1 award vests in two equal installments (rounded to whole shares) on April 20, 2027 and April 20, 2028; F2 award vests 100% on April 20, 2030.
- Reason: The Issuer’s Compensation & Human Capital Committee certified achievement of the fiscal 2025 performance criteria on Feb 24, 2026.
- Shares owned after transaction: not specified in the filing.
- Transaction code: A = Award/Grant. No sale, purchase, or option exercise occurred.
Context
These are performance-based restricted stock awards that carry no immediate cash value and are intended as compensation/retention tied to company performance and future service. Such grants are common executive compensation and do not, by themselves, indicate a near-term buying or selling signal.
Insider Transaction Report
- Award
Common Stock, $0.01 par value per share
[F1]2026-02-24+5,983→ 14,719 total - Award
Common Stock, $0.01 par value per share
[F2]2026-02-24+469→ 15,188 total
Footnotes (2)
- [F1]Represents performance-based restricted shares granted to the Reporting Person under the Issuer's 2023 Omnibus Incentive Plan. The Issuer's Compensation & Human Capital Committee certified the achievement of the performance criteria for fiscal year 2025 on February 24, 2026. The shares remain subject to a time-based vesting requirement and are scheduled to vest in two equal installments (rounded to the nearest whole share) on each of April 20, 2027 and April 20, 2028.
- [F2]Represents performance-based restricted shares granted to the Reporting Person under the Issuer's 2023 Omnibus Incentive Plan. The Issuer's Compensation & Human Capital Committee certified the achievement of the performance criteria for fiscal year 2025 on February 24, 2026. The shares remain subject to a time-based vesting requirement and are scheduled to vest 100% on April 20, 2030.