Installed Building Products, Inc. (IBP) has disclosed that Director Janet E. Jackson has recently sold 1,469 shares of the company's stock at a price of $266 per share on August 22, 2025.
Installed Building Products, Inc. (IBP), a company specializing in the installation of insulation, waterproofing, and other complementary building products for residential and commercial construction, has disclosed that Director Janet E. Jackson sold 1,469 shares of the company's stock on August 22, 2025. The shares were sold at a price of $266 per share.
This transaction was reported in a Form 4 filing submitted to the U.S. Securities and Exchange Commission (SEC). After the sale, Jackson's beneficial ownership in the company remained at 6,813 shares. The filing also indicates that Jackson gifted 60 shares to charitable organizations.
The sale and gift transactions are significant as they provide insights into the company's insider trading activities and the sentiment of its directors. The sale of shares by a director can sometimes be interpreted as a sign of confidence in the company's future prospects, but it can also indicate a desire to reduce exposure to the stock.
Investors should consider the context of the transaction and the overall financial health of the company when evaluating the implications of this insider trading activity. As of the latest earnings report, Installed Building Products reported revenues of $760.3 million for the second quarter, up 3.1% year on year, and exceeded analysts' expectations by 6.7%. The company's stock has been resilient, with a 24.4% increase since the latest earnings results [1].
The disclosure follows Section 16 of the Securities Exchange Act of 1934, which requires insiders to report their transactions in company securities. The filing is signed by an attorney-in-fact and provides complete transactional detail, allowing for verification against trading records.
References:
[1] https://finance.yahoo.com/news/unpacking-q2-earnings-installed-building-033545375.html
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