SCHOTTENSTEIN ROBERT H 4

What Happened

• Robert H. Schottenstein, a director of Installed Building Products, was granted 855 restricted shares on May 19, 2026. The acquisition is reported at $0.00 per share (total reported value $0). This was an award/grant (Form 4 code A), not an open-market buy or sale.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-20 (timely).
• Price: $0.00 per share; Shares acquired: 855; Reported value: $0.
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote: The restricted shares vest on the earlier of (i) one year after the grant date, (ii) immediately prior to the first annual meeting of stockholders after the grant date, or (iii) the director’s death; vesting under (i) and (ii) requires continued board service. Grant date: May 19, 2026.
• Transaction code: A (award/grant).

Context

• Restricted stock grants are commonly used as director compensation and are subject to vesting, so they are not immediately liquid. Because this was a zero-price grant rather than a market purchase, it reflects compensation rather than a direct personal cash investment. The filing was timely under Form 4 reporting rules.