WELCH M SCOTT 4

What Happened M. Scott Welch, a director of Patrick Industries, purchased 100 shares of PATK in an open-market transaction on May 19, 2026, at $89.44 per share for a total cost of $8,944. This was a purchase (a net buy), which some investors view as a mildly bullish signal.

Key Details

• Transaction date and price: 2026-05-19 — 100 shares at $89.44 each.
• Total value: $8,944.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing date: Form 4 filed May 21, 2026 (covers the May 19 transaction); filing appears timely.
• Footnote: The filing notes the shares were purchased through entities controlled by the reporting person in which he has a pecuniary interest; the reporting person disclaims beneficial ownership of other shares purchased by those entities (Footnote F1).

Context

• This was a straightforward open-market purchase (transaction code P). Purchases by directors can be taken by some investors as a sign of confidence, but filings do not state motivation.
• No options, awards, gifts, or tax-withholding events are involved in this reported transaction.