Hilsheimer Lawrence A. 4
Research Summary
AI-generated summary
Installed Building Products (IBP) Director Lawrence Hilsheimer Receives Award
What Happened
- Lawrence Hilsheimer, a director of Installed Building Products, Inc. (IBP), was granted 855 restricted shares on May 19, 2026. The Form 4 reports the acquisition as 855 shares at $0.00 per share (total reported value $0) under transaction code "A" (award/grant).
Key Details
- Transaction date: 2026-05-19; Form 4 filed 2026-05-20 (timely filing).
- Price reported: $0.00 per share; Total reported acquisition value: $0.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: The restricted stock vests on the earlier of (i) the one-year anniversary of the grant date, (ii) immediately prior to the first annual meeting of stockholders after the grant, or (iii) the director's death; vesting for (i) and (ii) is conditioned on continued board service. Grant date: May 19, 2026.
- Transaction code meaning: "A" = Award/Grant of securities.
Context
- These were restricted stock awards (not an open-market purchase or sale). Restricted shares are subject to vesting and are commonly used as director compensation; the recipient did not pay cash for the shares. This transaction is informational and does not, by itself, indicate the director’s view of the company’s stock.