Filer Matthew S 4

What Happened Matthew S, EVP Finance, Chief Financial Officer and Treasurer of Patrick Industries (PATK), purchased 1,000 shares in an open-market transaction on May 5, 2026. The shares were acquired at $85.50 each, for a total cash outlay of $85,500. This was a purchase (code P), which investors often view as a more informative—potentially bullish—insider action than routine sales.

Key Details

• Transaction date and price: 2026-05-05 — 1,000 shares at $85.50 per share.
• Total value: $85,500.
• Transaction type: Open-market purchase (SEC code P).
• Shares owned after transaction: Not disclosed in the provided Form 4 excerpt.
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes indicated in the supplied data.
• Filing timeliness: Form filed 2026-05-06 for a 2026-05-05 transaction; appears to be filed timely.

Context Insider purchases like this show the executive spent personal funds to acquire company stock, which can be interpreted as a sign of confidence but is not definitive proof of future performance. There’s no indication here of option exercises, gifts, or other derivative activity — just a straight open-market buy.