25-NSE ·Filed Jul 1, 2026

BLD

QXO Insulation, LLC
NEUTRAL
Impact 7/10
Horizonimmediate Processed3mo ago SEC0000876661-26-000589
Notable filing: 25-NSE
Actionable Insight • Neutral

BLD common stock no longer trades. Holders received cash or stock in successor entity per merger election. Monitor for successor entity's post-merger public filings (likely under QXO ticker) if stock consideration was elected. The merger is complete — no further trading action possible in BLD.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+1d
BLD ▲ 0.00% at T+1d
NEUTRAL call ✗ call lost 0.00% · α vs SPY +0.13% · entry $354.53 → $354.53
Next anchor: T+5d due 3mo ago
Entry anchored
Jun 30, 03:59 PM ET
via exchange tick
T+1d
0.00%
call 0.00% · α +0.13%
$354.53
settled 3mo ago
T+5d
—
call — · α —
—
due 3mo ago
T+20d
—
call — · α —
—
due 2mo ago
T+60d
—
call — · α —
—
due 7d ago

Price Chart

Loading chart...

Executive Summary

QXO Insulation, LLC (formerly TopBuild Corp) was delisted from the NYSE effective July 13, 2026, following the completion of its merger with QXO, Inc. on July 1, 2026. Shareholders received cash or stock consideration for their common stock, and trading was suspended immediately. This is a terminal event for the public equity — the security no longer exists.

Key Facts

  • Form 25-NSE filed by NYSE to remove the entire class of common stock from listing and registration
  • Effective delisting date: July 13, 2026, at the opening of business
  • Trading suspended on July 1, 2026, the same date the merger became effective
  • Merger of TopBuild Corp. and QXO, Inc. completed on July 1, 2026
  • Security removed under 17 CFR 240.12d2-2(a)(3) (instruments represent other securities or right to cash payment)
  • Shareholders could elect cash or stock consideration, with proration provisions; no election defaults to stock consideration
  • Former name: TopBuild Corp (changed 2015-03-24); prior name: Masco SpinCo Corp (changed 2015-02-13)

Financial Impact

Merger consideration value not disclosed in filing; delisting terminates all public trading in the common stock as previously constituted

dilutionmarket_capstock_price

Risk Factors

  • Shareholders who made no election automatically received stock consideration, which may not match their preference
  • Post-merger entity's valuation and liquidity uncertain until new public filings emerge
  • Possible stub period for IRS/tax treatment of different consideration elections

Market Snapshot

Exchange
NYSE
Sector
Construction - Special Trade Contractors
Analyst Consensus
47% bullish (17 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
25-NSE Filing (Primary)0000876661-26-000589
Document: 0000876661-26-000589-index.html0000876661-26-000589
Document: 0000876661-26-000589.txt0000876661-26-000589
25 reports for BLD
Performance horizon
30% Hit rate 3 of 10 directional calls best @ T+20▲ +22.72%Apr 7, 2026
Filters
Rows
Reports for BLD — sortable, filterable
TypeNow
Aug 3, 2026
8w ago
Institutional Cluster
BEARISH ★ 6/10
—awaiting T+1——
Jul 1, 2026
13w ago
25-NSE
NEUTRAL ★ 7/10
$354.53 $354.53· 0.00%▲ +0.13%—
Jun 29, 2026
13w ago
8-K
BULLISH ★ 7/10
$354.53 $354.53· 0.00%▲ +0.14%—
Jun 22, 2026
14w ago
425
NEUTRAL ★ 4/10
$413.47 $407.41▼ −1.47%▼ −0.01%—
Jun 22, 2026
14w ago
8-K
NEUTRAL ★ 4/10
$413.47 $407.41▼ −1.47%▼ −0.01%—
Jun 22, 2026
14w ago
425
NEUTRAL ★ 4/10
$413.47 $407.41▼ −1.47%▼ −0.01%—
Jun 11, 2026
16w ago
Institutional Cluster
MIXED ★ 4/10
$409.84 $411.08▲ +0.30%▼ −0.24%—
Jun 4, 2026
17w ago
425
NEUTRAL ★ 4/10
$401.82 $399.03▼ −0.69%▼ −0.92%—
Jun 4, 2026
17w ago
8-K
NEUTRAL ★ 4/10
$401.82 $399.03▼ −0.69%▼ −0.92%—
May 29, 2026
17w ago
DEFM14A
BULLISH ★ 7/10
$412.19 $407.07▼ −1.24%▼ −1.39%—
Showing 10 of 25

US Market Status

Market Open — Closes in 4h 34m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access