PATK insider sale notice: 22,389 shares planned for Aug 13, 2025

Rhea-AI Filing Summary

Patrick Industries (PATK) filed a Form 144 reporting a proposed sale of 22,389 shares of common stock through Robert W. Baird & Co., with an approximate sale date of 08/13/2025 on Nasdaq. The filing lists an aggregate market value of $2,425,000 and 33,278,676 shares outstanding. The shares were acquired as a restricted performance-based stock award that vested on 01/17/2024, with payment recorded on that date. The filing states there were no securities sold in the past three months by the reporting person and includes the standard representation that the seller is not aware of undisclosed material adverse information or, if applicable, that a Rule 10b5-1 trading plan may have been adopted.

Insights

Financial Analyst

TL;DR: Small planned sale disclosed — 22,389 shares valued at $2.425M to be sold via Robert W. Baird on 08/13/2025.

The filing reports a proposed sale of 22,389 common shares, acquired as restricted performance-based awards that vested on 01/17/2024. The broker named is Robert W. Baird & Co. and the reported aggregate market value is $2,425,000. The document also notes 33,278,676 shares outstanding and that no other sales occurred in the past three months. From a market-impact standpoint, the filing provides clear disclosure but contains no revenue, earnings, or broader financial metrics to affect valuation directly.

Corporate Governance Expert

TL;DR: Form 144 complies with disclosure norms, includes vesting origin and standard seller representations regarding material information.

The notice identifies the securities as vested restricted performance-based awards and documents acquisition and payment on 01/17/2024. It includes the required seller representation about lack of undisclosed material adverse information and references trading-plan language consistent with Rule 10b5-1 practices. The filing is procedural and provides the necessary broker and trade-date details but does not name the selling person in the visible fields.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Robert W. Baird & Co. 4220 Edison Lakes Parkway Suite 100 Mishawaka IN 46545	22389	2425000	33278676	08/13/2025	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	01/17/2024	Restricted performance-based stock award vesting compensation	Issuer			22389	01/17/2024	N/A

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Patrick Industries (PATK) Form 144 report?

The Form 144 reports a proposed sale of 22,389 shares of common stock through Robert W. Baird & Co., with an approximate sale date of 08/13/2025.

How were the shares acquired according to the Form 144 for PATK?

The shares were acquired as a restricted performance-based stock award that vested and were recorded on 01/17/2024.

What is the aggregate market value and outstanding shares listed in the filing?

The filing lists an aggregate market value of $2,425,000 for the shares to be sold and 33,278,676 shares outstanding.

Did the filer report any securities sold in the past three months?

No. The Form 144 states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

Does the filing include the seller's representations about material information or trading plans?

Yes. The notice includes the seller's representation that they do not know of undisclosed material adverse information and references adoption of a Rule 10b5-1 trading plan if applicable.