NEMETH ANDY L 4

What Happened
Andy L. Nemeth, CEO of Patrick Industries (PATK), acquired 10,000 shares in an open-market purchase on May 5, 2026, at $88.00 per share, for a total cost of $880,000. The transaction is reported on a Form 4 (transaction code P), so this was a direct purchase rather than a sale.

Key Details

• Transaction date: 2026-05-05; Form 4 filed: 2026-05-06 (appears timely).
• Trade: Open market purchase (Code P) — 10,000 shares at $88.00, total $880,000.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnotes/plan: No 10b5-1 plan or special tax/withholding notes indicated in the provided details.
• Timeliness: Filing was made the next day; not marked as late.

Context
Insider purchases by a CEO are often monitored by investors as a potentially bullish signal, but they should be weighed with the company’s fundamentals and broader market conditions. This purchase represents a meaningful personal investment (~$880k) by the CEO.