Jackson Janet E. 4

What Happened
Janet E. Jackson, a director of Installed Building Products, was granted 855 restricted shares on May 19, 2026. The Form 4 reports an acquisition (code A) at $0.00 per share (reported cash paid $0). This was a compensation grant of restricted stock rather than an open-market purchase or sale.

Key Details

• Transaction date: May 19, 2026; Form 4 filed May 20, 2026 (appears timely).
• Transaction type/code: Grant / Award (A).
• Shares granted: 855 restricted shares; grant price reported $0.00 (total cash paid $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote (F1): Shares vest on the earlier of (i) one year after the grant date, (ii) immediately prior to the Company’s first annual meeting after the grant date, or (iii) the director’s death; vesting under (i) and (ii) requires continued board service.
• No 10b5-1 plan, tax-withholding, or immediate sale noted in the filing.

Context
This is a standard restricted stock award to a director as part of board compensation. Such grants vest over time (per the footnote) and do not indicate an immediate purchase or sale by the insider. The reported $0 acquisition price reflects an award; the economic value to the director will depend on the Company’s stock price when (and if) the shares vest.