Carter Margot Lebenberg 4

What Happened

• Margot Lebenberg, a director of Installed Building Products, sold 2,000 shares in an open-market transaction on March 9, 2026. The shares were disposed at $299.31 per share for a total value of about $598,620. This was a sale (S), which is commonly a routine liquidity event rather than a direct signal about company prospects.

Key Details

• Transaction date and price: 2026-03-09, sale at $299.31 per share
• Shares sold / value: 2,000 shares; total proceeds ≈ $598,620
• Transaction code: S = Sale (open market)
• Filing: Form 4 filed 2026-03-11 (timely — within the standard two-business-day reporting window)
• Shares owned after transaction: Not specified in the provided filing summary
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes were noted in the supplied transaction details

Context

• Sales by directors are common for liquidity or portfolio reasons; they do not necessarily indicate a change in the director’s view of the company. Because this was an open-market sale and not a derivative or option exercise, the transaction simply reduced the director’s shareholdings by 2,000 shares.