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Insider to sell 2,704 PATK (Nasdaq: PATK) shares under Rule 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder of 2,704 shares of common stock has filed a Rule 144 notice to sell these shares through Citigroup Global Markets on the Nasdaq, with an approximate sale date of 02/06/2026 and an aggregate market value of 380200. The issuer has 33,276,096 shares outstanding, providing context for the sale’s size. The shares were acquired on 05/25/2024 as a restricted director stock award vesting compensation from the issuer. The signer represents they are not aware of any undisclosed material adverse information about the issuer’s operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the PATK Rule 144 filing disclose about planned share sales?

The filing discloses a planned sale of 2,704 common shares of the issuer via Citigroup Global Markets on the Nasdaq. The approximate sale date is 02/06/2026, with an aggregate market value reported as 380200 for this transaction.

How significant is the 2,704-share PATK sale compared to shares outstanding?

The notice covers 2,704 common shares versus 33,276,096 shares outstanding for the issuer. This indicates the planned sale is relatively small compared with the total share count, giving investors context on potential impact from this Rule 144 transaction.

How and when were the PATK shares in the Rule 144 notice acquired?

The 2,704 common shares were acquired on 05/25/2024 as a restricted director stock award vesting compensation from the issuer. This means the securities came from an equity compensation award rather than an open-market purchase or cash-financed acquisition.

Which broker and exchange are involved in the PATK Rule 144 sale?

The planned sale will be executed through Citigroup Global Markets, based at 390 Greenwich St, New York, NY 10013. The shares are expected to be sold on the Nasdaq exchange, as specified in the Rule 144 securities information table.

What representation does the seller make in the PATK Rule 144 notice?

The seller represents they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. This representation is part of the standard Rule 144 notice language included with the signed form.
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