PATRICK INDUSTRIES INC·4

Jan 28, 9:04 PM ET

Filer Matthew S 4

Research Summary

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Patrick Industries (PATK) SVP Matthew S Surrenders 287 Shares

What Happened

Matthew S, Senior Vice President Finance / Chief Accounting Officer of Patrick Industries (PATK), disposed of 287 shares on January 26, 2026. The shares were valued at $128.92 each, for an aggregate reported value of about $37,000. This was a share surrender to satisfy tax withholding tied to a time-based equity award that vested in January 2026 — not an open-market sale.

Key Details

  • Transaction date and price: January 26, 2026 — 287 shares at $128.92 per share (total ≈ $37,000).
  • Transaction code: F (shares withheld/returned to company to satisfy tax obligations).
  • Footnote: Shares were returned to the company to satisfy the tax withholding obligation associated with a time-based stock grant awarded January 2023 that vested January 2026.
  • Shares owned after transaction: Not specified in the Form 4 filing.
  • Filing timeliness: Form 4 filed January 28, 2026 (appears timely under standard two-business-day reporting rules).

Context

This was a routine tax-withholding action (a cashless share surrender) following vesting of previously granted restricted stock units — common when equity awards vest. Such transactions do not indicate an open-market sale or a change in the insider’s constructive ownership intent.