WELCH M SCOTT 4
4 · PATRICK INDUSTRIES INC · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Patrick Industries (PATK) Director WELCH M SCOTT Buys 100 Shares
What Happened
WELCH M SCOTT, a director of Patrick Industries, reported a purchase of 100 shares of PATK on 2026-06-10 at $83.85 per share, for a total reported cost of $8,385. The transaction is coded as a purchase (P), which investors often view as a positive signal, though the filing does not disclose the insider’s motive.
Key Details
- Transaction date and price: 2026-06-10 — 100 shares @ $83.85 each; total $8,385.
- Filing date / accession: Form 4 filed with the SEC on 2026-06-11 (timely; within the normal 2-business-day reporting window). Accession: 0001189422-26-000027.
- Transaction code: P = Purchase (open market or private purchase).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 notes that a portion of 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.
Context
This is a relatively small, direct purchase (about $8.4k) by a company director. Such purchases can be of interest to retail investors as one data point in assessing insider sentiment, but they do not, by themselves, indicate the insider’s reasons or guarantee future stock performance.
Insider Transaction Report
Form 4
WELCH M SCOTT
Director
Transactions
- Purchase
Common Stock
[F1]2026-06-10$83.85/sh+100$8,385→ 3,392 total(indirect: See footnote)
Holdings
- 156,000(indirect: By Spouse)
Common Stock
- 33,366
Common Stock
Footnotes (1)
- [F1]Reflects portion of the shares purchased through entities that are controlled by the reporting person in which the reporting person has a pecuniary interest. The reporting person disclaims beneficial ownership of other shares purchased by the entities.
Signature
/s/ M. Scott Welch by Joel D. Duthie, attorney-in-fact|2026-06-11