NEMETH ANDY L 4

What Happened
Andy L. Nemeth, CEO of Patrick Industries (PATK), surrendered 5,365 shares to the company on 2026-01-26 to satisfy tax withholding requirements. The shares are recorded at $128.92 each, for a total value of about $691,656. This was a share surrender to cover tax liabilities tied to a vested time-based stock award—not an open-market sale.

Key Details

• Transaction date: 2026-01-26; filing date: 2026-01-28 (Form 4 accession 0001209929-26-000002) — appears timely.
• Price per share: $128.92; shares surrendered: 5,365; reported value: $691,656.
• Transaction code: F (shares returned to satisfy tax withholding).
• Footnote: Represents shares returned to the company to satisfy tax withholding on a time-based stock grant awarded Jan 2023 that fully vested Jan 2026.
• Shares owned after the transaction: not provided in the excerpt of this filing—see the full Form 4 for post-transaction holdings.

Context
This is a routine tax-withholding event (often called a cashless share surrender) that occurs when restricted stock or other time-based awards vest. Such transactions typically do not signal a change in the insider’s view of the company, since shares are surrendered solely to cover taxes rather than sold for investment reasons.