Wheeler Brad A 4

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.