Last updated: 17 April 2023 at 5:09pm EST

Vikas Verma Net Worth




The estimated Net Worth of Vikas Verma is at least $24.3 Million dollars as of 19 October 2020. Mr. Verma owns over 35,321 units of Installed Building Products Inc stock worth over $3,979,816 and over the last 7 years he sold IBP stock worth over $19,129,031. In addition, he makes $1,168,690 as President - Commercial Development and Director at Installed Building Products Inc.

Mr. Verma IBP stock SEC Form 4 insiders trading

Vikas has made over 12 trades of the Installed Building Products Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 35,321 units of IBP stock worth $3,898,026 on 19 October 2020.

The largest trade he's ever made was selling 50,500 units of Installed Building Products Inc stock on 14 October 2020 worth over $5,707,005. On average, Vikas trades about 13,960 units every 54 days since 2017. As of 19 October 2020 he still owns at least 19,327 units of Installed Building Products Inc stock.

You can see the complete history of Mr. Verma stock trades at the bottom of the page.





Vikas Verma biography

Vikas Verma serves as President - Commercial Development, Director of the Company. In January 2019, Mr. Verma became our President of Commercial Development. His responsibilities include commercial acquisition sourcing, new commercial product development and organic growth of our commercial business. From 2012 to 2018, Mr. Verma served as the Chief Executive Officer of the Alpha companies, installers of commercial waterproofing, insulation, fireproofing and fire stopping, responsible for business and market development, marketing, finance, insurance and bonding needs of the Alpha companies. Mr. Verma founded Alpha Insulation & Water Proofing, Inc. in 1982 and served as its President from 1982 to 2012. Mr. Verma was the President of Alamo Insulation Co., a residential insulation company with offices in San Antonio and Corpus Christi, Texas from 1977 to 1982. Mr. Verma is a member of the boards of directors of the National Association of Minority Contractors and Cobb Boys and Girls Club, and has served on advisory boards for Synovus (previously Charter Bank), Owens Corning & Johns Manville. He holds a B.A. in Engineering and an Associate’s Degree in International Marketing and Marketing Management from University of Bombay. He also held the position of President for Georgia Walls & Ceilings Association and is a graduate of Leadership Atlanta.

What is the salary of Vikas Verma?

As the President - Commercial Development and Director of Installed Building Products Inc, the total compensation of Vikas Verma at Installed Building Products Inc is $1,168,690. There are 4 executives at Installed Building Products Inc getting paid more, with Jeffrey Edwards having the highest compensation of $3,425,250.



How old is Vikas Verma?

Vikas Verma is 67, he's been the President - Commercial Development and Director of Installed Building Products Inc since 2019. There are 5 older and 15 younger executives at Installed Building Products Inc. The oldest executive at Installed Building Products Inc is David Meuse, 74, who is the Independent Director.

What's Vikas Verma's mailing address?

Vikas's mailing address filed with the SEC is C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS, OH, 43215.

Insiders trading at Installed Building Products Inc

Over the last 11 years, insiders at Installed Building Products Inc have traded over $561,413,468 worth of Installed Building Products Inc stock and bought 342,456 units worth $8,689,455 . The most active insiders traders include Jeffrey W. Edwards, Investment Holdings, Llc Ibp, and Capital Ii, Llc Littlejohn .... On average, Installed Building Products Inc executives and independent directors trade stock every 31 days with the average trade being worth of $30,808,927. The most recent stock trade was executed by Janet E. Jackson on 20 May 2024, trading 2,122 units of IBP stock currently worth $449,121.



What does Installed Building Products Inc do?

headquartered in columbus, ohio, installed building products has over 125+ locations throughout the united states. we are the second largest insulation installer in the u.s. residential new construction market. we offer a diverse portfolio of products for new and existing residential, multifamily, and commercial building projects. we specialize in insulation, and install a number of additional products including garage doors, siding, gutters, shower doors, mirrors, bath hardware, closets and shelving, door locksets and fireplaces. ibp prides itself on our longstanding relationships with leading builders in markets nationwide. integrity is the cornerstone of those relationships and our business. our comprehensive training, knowledge of local building codes, and strong manufacturer relationships deliver smooth, hassle free results. and service at the local level is the quality that keeps our customers coming back time after time. we believe in fostering leadership at the local level thro



What does Installed Building Products Inc's logo look like?

Installed Building Products Inc logo

Complete history of Mr. Verma stock trades at Installed Building Products Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
19 Oct 2020 Vikas Verma
Director
Sale 35,321 $110.36 $3,898,026
19 Oct 2020
19,327
14 Oct 2020 Vikas Verma
Director
Sale 50,500 $113.01 $5,707,005
14 Oct 2020
54,648
12 Mar 2020 Vikas Verma
Director
Buy 20,000 $43.29 $865,800
12 Mar 2020
101,935
1 Nov 2019 Vikas Verma
Director
Sale 10,000 $67.00 $670,000
1 Nov 2019
81,935
21 Oct 2019 Vikas Verma
Director
Sale 10,000 $66.00 $660,000
21 Oct 2019
91,935
16 Oct 2019 Vikas Verma
Director
Sale 40,000 $63.60 $2,544,000
16 Oct 2019
101,935
18 Sep 2019 Vikas Verma
Director
Sale 20,000 $60.50 $1,210,000
18 Sep 2019
141,935
28 Jun 2019 Vikas Verma
Director
Sale 40,000 $57.50 $2,300,000
28 Jun 2019
161,935
10 Jun 2019 Vikas Verma
Director
Sale 10,000 $55.00 $550,000
10 Jun 2019
201,935
7 Jun 2019 Vikas Verma
Director
Sale 30,000 $53.00 $1,590,000
7 Jun 2019
211,935
14 Jun 2018 Vikas Verma
Director
Buy 7,000 $61.25 $428,750
14 Jun 2018
240,860
8 Nov 2017 Vikas Verma
Director
Buy 6,373 $59.99 $382,316
8 Nov 2017
233,306


Installed Building Products Inc executives and stock owners

Installed Building Products Inc executives and other stock owners filed with the SEC include: