FRY TODD R 4

What Happened

• Todd R. Fry, Chief Accounting Officer of Installed Building Products, had 756 shares (disposed) withheld to satisfy tax withholding obligations on the vesting of 1,698 restricted stock units. The withholding price was $309.45 per share, totaling $233,944. This was a tax-withholding/settlement of an equity award, not an open-market sale.

Key Details

• Transaction date: 2026-04-20; Form 4 filed: 2026-04-21 (timely filing).
• Withheld shares: 756 at $309.45 each; total value: $233,944.
• Underlying award vested: 1,698 restricted shares (2023 Omnibus Incentive Plan) — footnote indicates shares were withheld to cover taxes.
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• This is a routine tax-withholding event and not an open-market sale or purchase.

Context

• Share withholding to cover taxes on vested RSUs is a common administrative action and does not necessarily signal insider sentiment about the company.
• For retail investors, purchases or open-market sales generally carry more informational weight than tax-withholding transactions like this one.