Roeder Charles R 4
Research Summary
AI-generated summary
PATRICK INDUSTRIES (PATK) President Charles Roeder Sells 246 Shares
What Happened Charles R. Roeder, President — RV of Patrick Industries (PATK), had 246 shares of company stock returned to the company on Jan. 26, 2026 to satisfy tax withholding obligations related to a time‑based stock award that vested in January 2026. The shares were valued at $128.92 each, for a total of $31,714. This was a tax‑withholding surrender (routine), not an open‑market sale or new purchase.
Key Details
- Transaction date and filing: 2026-01-26 (Period of Report); Form 4 filed 2026-01-28 (timely filing).
- Price per share: $128.92; Shares surrendered: 246; Total value: $31,714.
- Transaction code: F — payment of exercise price or tax liability (here used to satisfy tax withholding).
- Footnote: Shares returned to the company to satisfy withholding on a time‑based stock grant awarded Jan 2023 that fully vested Jan 2026.
- Shares owned after transaction: Not disclosed in the provided filing details.
Context This was a cashless tax‑withholding surrender tied to vesting of previously granted restricted stock — a routine administrative action that does not necessarily indicate the insider’s view of the stock. For retail investors, purchases or open‑market sales by insiders typically carry more interpretive weight than withholding surrenders.