Niswonger Jason R 4

What Happened Jason R. Niswonger, Chief Administrative Officer & Head of Sustainability at Installed Building Products (IBP), purchased 455 shares on 2026-05-11. The transaction was coded as a purchase (P) at $214.80 per share, for a total cash outlay of $97,734. This was an acquisition (buy), which investors often view as a more informative/positive signal than routine sales.

Key Details

• Transaction date: 2026-05-11; Form 4 filed 2026-05-12 (timely filing).
• Transaction type/code: Open market or private purchase (P).
• Shares purchased: 455 at $214.80 each; total value $97,734.
• Shares owned after transaction: not disclosed in the information provided.
• Footnotes/plan: none noted in the provided filing excerpt (no 10b5‑1, tax withholding, or award language indicated).
• Filing timeliness: reported the next day — not marked late.

Context

• Purchase transactions represent insiders adding to holdings; they are factual indicators of an insider increasing stake but do not by themselves prove future performance.
• This was a straight purchase (not an option exercise, gift, or award), so no immediate cashless sale mechanics apply.