{"schema_version":"secwatch.filing_event.v1","accession":"0001580905-24-000061","form_type":"8-K","ticker":"IBP","cik":"0001580905","company_name":"Installed Building Products, Inc.","filed_at":"2024-11-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.868499+00:00","generated_at":"2026-05-29T17:51:20.021662+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"IBP reprices $497.5M term loan to SOFR+1.75%; repurchases 250k shares for $52M in Nov","bullets":["Repriced ~$497.5M term loan facility; interest rate reduced to SOFR + 1.75% from previous SOFR + 2.00%.","Repurchased 250k shares in Nov 2024 for ~$52M; YTD 2024 repurchased 565k shares for $118M.","Annual cash interest expense savings estimated at over $1 million per CFO.","Maturity date unchanged at March 28, 2031; $182M remaining under share repurchase authorization expiring March 1, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001580905-24-000061","json":"https://secwatch.observer/filing/0001580905-24-000061.json","markdown":"https://secwatch.observer/filing/0001580905-24-000061.md","text":"https://secwatch.observer/filing/0001580905-24-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580905/000158090524000061/0001580905-24-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580905/000158090524000061/ibp-20241126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T17:51:20.021662+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}