Augsburger Blake 4

What Happened Blake Augsburger, a director of Patrick Industries, acquired 400 shares in an open-market purchase on May 5, 2026. The shares were bought at $85.19 each for a total cash outlay of $34,076. This was a straight purchase (transaction code P), which represents an insider adding to a personal stake rather than selling or exercising derivatives.

Key Details

• Transaction date: 2026-05-05; Filing date (Form 4): 2026-05-06 (filed the next day; appears timely).
• Price per share: $85.19; Shares purchased: 400; Total value: $34,076.
• Transaction type: Open-market purchase (code P).
• Shares owned after transaction: Not specified in the provided filing.
• No footnotes, 10b5-1 plan, option exercise, gift, or tax-withholding events were indicated in the supplied details.

Context Open-market purchases by directors show direct personal investment in the company but do not by themselves explain motives. This was a simple buy of common shares (not an option exercise or award). For retail investors, purchases can be more informative than routine sales, but it's important to consider this single trade alongside other insider activity and company fundamentals.