Hilsheimer Lawrence A. 4

What Happened

Lawrence A. Hilsheimer, a director of Installed Building Products, acquired 475 shares in an open-market/private purchase (transaction code P) on May 11, 2026. The shares were bought at $206.22 each for a total cash outlay of about $97,952. This was a purchase (a net buy), which investors often view as a more bullish signal than a sale, though motivations are not disclosed.

Key Details

• Transaction date & price: 2026-05-11 — 475 shares @ $206.22 per share.
• Total value: approximately $97,952.
• Transaction type: P (purchase — open market or private purchase).
• Shares owned after transaction: Not specified in the information provided.
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes were disclosed in the supplied filing.
• Timeliness: Report filed on 2026-05-12 for a 2026-05-11 transaction (filed timely).

Context

Purchases by directors can signal confidence but are not proof of future performance. This filing reports a straightforward buy by a company director; no option exercises, gifts, or derivative transactions were indicated. Retail investors should consider this alongside other insider activity and company fundamentals.