Installed Building (NYSE: IBP) director gets 855 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilsheimer Lawrence A. reported acquisition or exercise transactions in this Form 4 filing.
Installed Building Products, Inc. reported that director Lawrence A. Hilsheimer received a grant of 855 shares of restricted common stock on May 19, 2026. The award was granted at no cash cost to him and is a form of equity compensation.
The restricted stock will vest on the earlier of the one-year anniversary of the grant date, immediately before the first annual stockholder meeting after the grant date, or upon the director’s death, with vesting in the first two cases requiring continued board service. After this grant, Hilsheimer directly holds 29,323 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hilsheimer Lawrence A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value per share | 855 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 29,323 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 855 shares
Grant price: $0.00 per share
Shares held after grant: 29,323 shares
+2 more
5 metrics
Restricted stock grant
855 shares
Director equity award on May 19, 2026
Grant price
$0.00 per share
Restricted stock issued as compensation
Shares held after grant
29,323 shares
Director’s direct holdings following transaction
Grant date
May 19, 2026
Date restricted stock was awarded
Vesting period
One year
One-year anniversary alternative vesting condition
Key Terms
restricted stock, vest, board of directors, annual meeting of the Company's stockholders
4 terms
restricted stock financial
"The restricted stock shall vest on the earlier to occur of (i) the one year anniversary of the grant date..."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"The restricted stock shall vest on the earlier to occur of (i) the one year anniversary of the grant date..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
board of directors financial
"subject in the cases of (i) and (ii) to such director's continued service as a member of the board of directors..."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
annual meeting of the Company's stockholders financial
"immediately prior to the first annual meeting of the Company's stockholders occurring after the grant date..."
FAQ
What insider transaction did IBP director Lawrence A. Hilsheimer report?
Lawrence A. Hilsheimer reported receiving 855 shares of restricted common stock as an equity grant. The award was made at no cash cost on May 19, 2026, and increased his direct holdings to 29,323 shares of Installed Building Products common stock.