Patrick Inds Inc SEC Filings

Patrick Industries, Inc. (PATK) announced that its Board of Directors has approved a higher quarterly cash dividend on its common stock. The dividend was increased to $0.47 per share, up from $0.40 per share, reflecting a larger regular cash return to shareholders.

The dividend will be paid on December 15, 2025 to shareholders who are on record as of the close of business on December 1, 2025. The change was disclosed in connection with a press release dated November 20, 2025, which is included as an exhibit.

Patrick Industries (PATK) reported an insider transaction on a Form 4. A company director made a gift of 615 shares of common stock on November 12, 2025, recorded at a price of $0 per share under transaction code G (gift). Following this transfer, the director beneficially owns 51,976 shares, held directly.

This filing reflects a non-cash transfer and does not indicate an open-market purchase or sale.

Patrick Industries (PATK) reported third‑quarter 2025 results with net sales of $975,631,000 and diluted EPS of $1.01. Gross profit was $220,964,000, and operating income was $66,293,000, reflecting higher warehouse, delivery, and SG&A costs. Net income was $35,303,000.

For the first nine months of 2025, net sales reached $3,026,605,000 and net income was $105,977,000. Results include a $24.4 million legal settlement expense recorded in other expenses. RV remained the largest market at 44% of Q3 sales; Marine, Powersports, Industrial saw gains, while Manufactured Housing was slightly lower.

Cash was $20,698,000 and total assets $3,147,175,000. Debt consisted of a $120,313,000 term loan due 2029, $110,000,000 revolver due 2029, $258,722,000 1.75% convertible notes due 2028, $350,000,000 4.75% senior notes due 2029, and $500,000,000 6.375% senior notes due 2032. The convertible notes’ stock‑price condition was triggered, allowing holder conversions from October 1 to December 31, 2025. The company repurchased 377,612 shares year‑to‑date for $32.0 million and had $168.0 million remaining under its buyback authorization.

Patrick Industries, Inc. (PATK) reported a leadership change in an 8-K: Jeff Rodino will assume the role of President and will be responsible for the company’s leadership, strategic planning and financial performance. The filing lists an exhibit (Cover Page Interactive Data File) and includes the required signature block. The notice is brief and limited to the personnel change; it does not disclose compensation, effective date, predecessor details, or other operational impacts.

Patrick Industries (PATK) reporting person Andy L. Nemeth, who is listed as both Director and Chief Executive Officer, recorded a non‑derivative disposition of securities on 08/25/2025. The Form 4 shows 2,000 shares of common stock were disposed of under transaction code G, with a reported price of $0, and an explanation that these shares were gifted. After this transaction Nemeth beneficially owns 326,641 shares directly. The filing was signed on 08/27/2025 by an attorney‑in‑fact on Nemeth’s behalf.

Patrick Industries insider reported a gift of common stock. On 08/26/2025, Kip B. Ellis, an officer and director serving as President–Powersports/Housing, disposed of 650 shares of Patrick Industries common stock as a gift, recorded with transaction code "G." The filing shows 124,729 shares beneficially owned by Mr. Ellis following the transaction, held directly. The Form 4 was signed on 08/27/2025 by an attorney-in-fact. No exercise or derivative transactions are reported and no price was associated with the gifted shares.

Michael A. Kitson, a director of Patrick Industries, Inc. (PATK), reported an insider sale on 08/19/2025. The Form 4 shows Mr. Kitson disposed of 4,572 shares of common stock in multiple trades at a weighted average price of $112.67, with individual trade prices ranging from $112.657 to $112.96. After the reported sale he beneficially owned 11,850 shares. The filing was signed by Mr. Kitson via attorney-in-fact Joel D. Duthie and includes an undertaking to provide a breakdown of the number of shares sold at each price within the stated range upon request.

Hugo E. Gonzalez, EVP Operations & COO of Patrick Industries Inc (PATK), reported on Form 4 a gift of 1,780 shares of common stock on 08/19/2025 (transaction code G). Following the reported gift, Mr. Gonzalez beneficially owns 41,849 shares. The filing indicates the report was signed via attorney-in-fact and does not show a sale price because the shares were gifted. No other transactions or derivative positions are reported.