Edwards Jeffrey W. 4

What Happened

• Jeffrey W. Edwards, a reported 10% owner of Installed Building Products, had 11,214 shares withheld on April 20, 2026, at $309.45 per share to satisfy tax withholding obligations. The withholding amount equals $3,470,172 and relates to the vesting of 26,799 restricted shares issued under the 2023 Omnibus Incentive Plan. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-04-20; 11,214 shares withheld at $309.45/share (total $3,470,172).
• Reason: Tax withholding on vesting of 26,799 restricted stock units (footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Report filed on 2026-04-21 (next calendar day); not indicated as late.
• Notable footnotes: Some reported securities are held by entities or trusts (PJAM IBP Holdings, Installed Building Systems, Inc., and a trust for a child), and the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest (F2–F4).

Context

• This was a tax-withholding action tied to RSU vesting (cashless-like withholding), not a discretionary open-market sale, and is typically a routine administrative step rather than a direct signal of insider sentiment. As a 10% owner, some holdings are held through entities/trusts rather than directly by Mr. Edwards.