Brown Natalie A 4
Research Summary
AI-generated summary
Patrick Industries (PATK) Director Natalie A. Brown Receives Award
What Happened
Natalie A. Brown, a director of Patrick Industries, was granted 1,594 shares on May 14, 2026. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per share (reported value $0), reflecting a compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-18).
- Transaction type/code: Award/Grant (A); price per share reported as $0.00.
- Shares acquired: 1,594 shares; reported aggregate dollar amount: $0 (compensation grant).
- Vesting: Annual director stock grant vests on 2027-05-14 (per footnote).
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Form 4 filed 5/18/2026 — appears to be timely (within the SEC’s typical two-business-day reporting window).
Context
This is a routine director compensation grant and does not represent an open-market purchase or sale. Such awards are common as part of non-employee director pay and vest over time; they do not by themselves signal the director buying or selling shares on the market.