INSTALLED BLDG PRODS INC

Ticker: IBP CUSIP: 45780R101 Class: EQTY

VELA Investment Management, LLC's Holding History (CIK: 0001895612)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 10,759 Value ($000) $2,791 Avg Close $258.27 Range $230.63 - $293.13

Q3 2025

Shares 11,720 Value ($000) $2,891 Avg Close $236.87 Range $177.10 - $279.23

Q2 2025

Shares 12,750 Value ($000) $2,299 Avg Close $165.66 Range $150.09 - $183.99

Q1 2025

Shares 3,281 Value ($000) $563 Avg Close $177.73 Range $157.03 - $210.44

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,759	$2,791	$258.27	$230.63 - $293.13
Q3 2025	11,720	$2,891	$236.87	$177.10 - $279.23
Q2 2025	12,750	$2,299	$165.66	$150.09 - $183.99
Q1 2025	3,281	$563	$177.73	$157.03 - $210.44