Installed Building Products Inc.

08/15/2024 | Press release | Distributed by Public on 08/15/2024 14:31

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Edwards Jeffrey W.
2. Issuer Name and Ticker or Trading Symbol
Installed Building Products, Inc. [IBP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
President, CEO and Chairman /
(Last) (First) (Middle)
C/O INSTALLED BUILDING PRODUCTS, INC. , 495 S. HIGH STREET, SUITE 50
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
COLUMBUS OH 43215
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Edwards Jeffrey W.
C/O INSTALLED BUILDING PRODUCTS, INC.
495 S. HIGH STREET, SUITE 50
COLUMBUS, OH43215


President, CEO and Chairman
IBP Holding Co
C/O INSTALLED BUILDING PRODUCTS, INC.
495 S. HIGH STREET, SUITE 50
COLUMBUS, OH43215



Director by Deputization
PJAM IBP Holdings, Inc.
C/O INSTALLED BUILDING PRODUCTS, INC.
495 S. HIGH STREET, SUITE 50
COLUMBUS, OH43215



Director by Deputization

Signatures

/s/ Michael T. Miller, Attorney-in-Fact for Jeffrey W. Edwards 2024-08-15
**Signature of Reporting Person Date
/s/ Michael T. Miller, Attorney-in-Fact for IBP Holding Company 2024-08-15
**Signature of Reporting Person Date
/s/ Michael T. Miller, Attorney-in-Fact for PJAM IBP Holdings, Inc. 2024-08-15
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Pursuant to the Issuer's previously announced stock buyback program, the Issuer entered into a Share Repurchase Agreement with PJAM IBP Holdings, Inc. ("PJAM") for the purchase of 100,000 shares of its common stock in a privately-negotiated transaction for an aggregate purchase price of $20,690,000. The repurchase was approved by the company's board of directors and is exempt from Section 16(b) by virtue of Rule 16b-3(e). IBP Holding Company is the sole shareholder of PJAM.
(2) These securities are held directly by PJAM. The Reporting Persons, other than PJAM, disclaims pecuniary interest in the reported securities except to the extent of his or its economic interest therein.
(3) These securities are held directly by Installed Building Systems, Inc. The Reporting Persons, other than Installed Building Systems, Inc., disclaims beneficial ownership in the reported securities except to the extent of his or its pecuniary interest therein.
(4) These securities are held by a trust for the benefit of one of Mr. Edwards' children. The Reporting Persons disclaim beneficial ownership in the reported securities except to the extent of his or its economic interest therein.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.