FolioLanternBeta
IBPInstalled Building Products, Inc. · Insider ownership research

Installed Building Products, Inc. insiders sold $129M in the past 12 months. How much of their stake is that?

Insiders sold $129M in the past 12 months.0% was sold under disclosed trading plans, 100% with no plan disclosed. The largest seller, Jeffrey Edwards (President, CEO and Chairman, Director), sold $126M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026
4
buyers among officers and directors (27 trades), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
5 of 13
officers and directors sold shares, past 12 months
Is this normal? In line with the past 5 years. 5 insiders sold; the average is 6 a year. Year by year
Latest filing: Filed Sep 11 for a gift on Sep 9. Jeffrey Edwards gave away 2.5K shares. Filing
SEC ownership filings: 36 filed in the 12 months to Oct 13, 2026; 404 on record since Feb 12, 2014 · See the evidence

What stands out

Two officers sold $127M with no disclosed plan: Jeffrey Edwards ($126M) and William Hire ($1.3M). The filings don't state a reason.Jeffrey Edwards: largest such sale, Mar 3, 2026 · William Hire: largest such sale, Nov 7, 2025
Four insiders bought shares: Michael Miller (3.4K shares, $697K), Brad Wheeler (716 shares, $150K) and Lawrence Hilsheimer (475 shares, $98K), plus 1 more.Michael Miller: purchase, May 11, 2026 · Brad Wheeler: purchase, May 11, 2026 · Lawrence Hilsheimer: purchase, May 11, 2026

A share of stake is shown for 0 of the 5 officers and directors who sold. 13 are left out

i
Left out: Jeffrey Edwards, Michael Miller, William Hire, Lawrence Hilsheimer, Jason Niswonger, Michael Thomas, Margot Carter, Brad Wheeler, Todd Fry, Janet Jackson, David Meuse, Robert Schottenstein and Marchelle Moore (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Jeffrey Edwards
President, CEO and Chairman, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$126MNo plan disclosed
William Hire
President of External Affairs
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.3MNo plan disclosed
Janet Jackson
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$671KNo plan disclosed
Margot Carter
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$599KNo plan disclosed
Michael Thomas
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$537KNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $1.8M no plan disclosedNovDecJanFebMar 2026: $127M no plan disclosed$127MMarAprMayJunJulAugSep 2026: $257K no plan disclosedSepOct

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 9, 2026Jeffrey Edwards gave away 2.5K shares as a gift.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Jeffrey Edwards
President, CEO and Chairman, Director
2,500n/an/an/aSep 9, 2026Sep 11, 2026

Common questions

Is the Installed Building Products, Inc. CEO selling stock?

Yes. Jeffrey Edwards sold 400K shares ($126M) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are Installed Building Products, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Installed Building Products, Inc. insiders buying?

Yes. 4 officers or directors reported 27 purchases in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold5 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Jeffrey Edwards
President, CEO and Chairman, Director
$126M
400K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
William Hire
President of External Affairs
$1.3M
5K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Janet Jackson
Director
$671K
2.5K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Margot Carter
Director
$599K
2K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Michael Thomas
Director
$537K
2K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
The full ownership picture0 of 13 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
Jeffrey Edwards
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Jeffrey Edwards are complete.
President, CEO and Chairman, Director
n/a−400Kn/an/a
Vesting, gifts, unvested awards and holding lines for Jeffrey Edwards

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jeffrey Edwards are complete; balances and unit counts will be added when the check is finished.

−2.5Kgifted (net of own trusts)
−11Kwithheld by the company for taxes
Michael Miller
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Miller are complete.
Executive VP & CFO, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Michael Miller

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Miller are complete; balances and unit counts will be added when the check is finished.

−5Kgifted (net of own trusts)
−3.4Kwithheld by the company for taxes
William Hire
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for William Hire are complete.
President of External Affairs
n/a−5Kn/an/a
Vesting, gifts, unvested awards and holding lines for William Hire

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for William Hire are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−2.8Kwithheld by the company for taxes
Lawrence Hilsheimer
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Lawrence Hilsheimer are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Lawrence Hilsheimer

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Lawrence Hilsheimer are complete; balances and unit counts will be added when the check is finished.

−30gifted (net of own trusts)
Jason Niswonger
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jason Niswonger are complete.
Chief Admin. & Sustainability
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Jason Niswonger

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jason Niswonger are complete; balances and unit counts will be added when the check is finished.

−25gifted (net of own trusts)
−1.4Kwithheld by the company for taxes
Michael Thomas
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Thomas are complete.
Director
n/a−2Kn/an/a
Vesting, gifts, unvested awards and holding lines for Michael Thomas

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Thomas are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Margot Carter
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Margot Carter are complete.
Director
n/a−2Kn/an/a
Vesting, gifts, unvested awards and holding lines for Margot Carter

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Margot Carter are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Brad Wheeler
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Brad Wheeler are complete.
Chief Operating Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Brad Wheeler

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Brad Wheeler are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−916withheld by the company for taxes
Todd Fry
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Todd Fry are complete.
Chief Accounting Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Todd Fry

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Todd Fry are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−756withheld by the company for taxes
Janet Jackson
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Janet Jackson are complete.
Director
n/a−2.5Kn/an/a
Vesting, gifts, unvested awards and holding lines for Janet Jackson

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Janet Jackson are complete; balances and unit counts will be added when the check is finished.

−10gifted (net of own trusts)
David Meuse
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for David Meuse are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for David Meuse

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for David Meuse are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Robert Schottenstein
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Schottenstein are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Robert Schottenstein

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Schottenstein are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Marchelle Moore
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Marchelle Moore are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Marchelle Moore

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Marchelle Moore are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Installed Building Products, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$129M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $129M across 411,497 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $129M

Sales with no 10b5-1 plan and no tax reference in the filing. $126M of it is Jeffrey Edwards. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Jeffrey Edwards, Mar 3, 2026

Taxes

20,497 shares ($6.3M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 4 buyers (27 trades)

4 officers and directors bought shares in this period, in 27 trades(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 47 purchase trades.

Charitable gifts · 7.6K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Jeffrey Edwards
President, CEO and Chairman, Director
400K$126M0%98%Mar 3, 2026 to Mar 3, 2026
William Hire
President of External Affairs
5K$1.3M0%1.0%Nov 7, 2025 to Nov 7, 2025
Janet Jackson
Director
2.5K$671K0%0.5%Mar 9, 2026 to Sep 3, 2026
Margot Carter
Director
2K$599K0%0.5%Mar 9, 2026 to Mar 9, 2026
Michael Thomas
Director
2K$537K0%0.4%Nov 26, 2025 to Nov 26, 2025

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$1.8M$0$0$1.8M
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$127M$0$0$127M
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$257K$0$0$257K
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 5 insiders sold; the average is 6 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 13, 2026
Latest 12 months
411K5$129M
Oct 13, 2025
1 year earlier
12K4$3.1M
Oct 13, 2024
2 years earlier
125K7$28.9M
Oct 14, 2023
3 years earlier
311K6$36.2M
Oct 14, 2022
4 years earlier
405K4$53.8M
Oct 14, 2021
5 years earlier
771K7$90.2M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty13 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Installed Building Products, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology404 filings on record, 36 filed in the 12-month period, and how we read them

All 404 Forms 3, 4 and 5 on record for Installed Building Products, Inc. (SEC CIK 1580905), filed from Feb 12, 2014 to Sep 11, 2026; 36 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (5)No filing in 18 months; last reported balances, not in any total

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.