Forbes John A 4

What Happened
John A. Forbes, a director of Patrick Industries, sold 2,704 shares of PATK stock in an open-market transaction on February 6, 2026, generating approximately $380,589 in proceeds. The filing reports the sale as a disposition (transaction code S).

Key Details

• Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-09, which is within the SEC’s 2-business-day filing window).
• Shares sold: 2,704
• Reported weighted-average price: $140.75 per share
• Price range (per footnote): $140.59 to $141.00; the sale occurred in multiple transactions.
• Total proceeds: $380,589 (approx.)
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: Reporting person will provide a breakdown of the number of shares sold at each separate price within the stated range upon request (see F1).

Context
This was an open-market sale by a company director. Sales do not necessarily indicate negative views on the company and can be routine (liquidity, diversification, tax purposes, etc.). Purchases typically carry clearer signals of insider confidence; here, the filing documents a routine disposition with no additional indicators (e.g., 10b5-1 plan or gift) disclosed.