Gonzalez Hugo E 4

What Happened
Hugo E. Gonzalez, President of Powersports & Housing and COO of Patrick Industries (PATK), had 410 shares of common stock returned to the company on 2026-01-26 to satisfy the tax withholding obligation tied to a time‑based stock award. The shares were valued at $128.92 each for a total of approximately $52,857. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-01-26; filing date (Form 4): 2026-01-28 — appears timely (within the typical 2-business-day window).
• Price per share: $128.92; shares involved: 410; total value ≈ $52,857.
• Shares were returned to the company to cover tax withholding (transaction code F).
• Footnote: The withholding satisfied taxes on a time-based stock grant awarded in Jan 2023 that vested in Jan 2026.
• Shares owned after the transaction: not reported in the provided filing.

Context
This was a routine net-share settlement to cover tax obligations when restricted stock vests — common and not the same as an open-market sale that might signal a change in insider conviction. Transaction code F denotes payment of exercise price or tax liability.