WELCH M SCOTT 4

What Happened Welch M. Scott, a director of Patrick Industries (PATK), was granted 1,594 shares as an annual director stock award on May 14, 2026. The shares were issued at $0.00 (award/compensation), and the award vests on May 14, 2027. This was a compensation grant (not a purchase or sale).

Key Details

• Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-18; Period of Report: 2026-05-14).
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,594 shares; price reported: $0.00 (compensatory award).
• Vesting: Annual director stock grant vests on 2027-05-14 (Footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Footnote F2: Notes that some shares may be held by entities controlled by the reporting person; the reporting person disclaims beneficial ownership of other shares purchased by those entities.

Context Director stock awards are routine compensation and do not by themselves indicate a purchase-driven bullish signal. The grant simply conveys equity-based pay that vests in one year; investors should not infer trading intent from this award.