Patrick Industries (PATK) insider sale notice: 4,572 shares planned

Rhea-AI Filing Summary

Form 144 notice for Patrick Industries Inc (PATK) shows a proposed sale of 4,572 shares of common stock through Charles Schwab (3000 Schwab Way, Westlake TX). The aggregate market value of the shares is reported as $512,700, with an approximate sale date of 08/19/2025 and the securities listed on Nasdaq. The shares originated from restricted director stock award vesting: 2,704 shares acquired 05/24/2024 and 1,868 shares acquired 05/16/2025, both issued by the issuer. The filing states there were no securities sold in the past three months for the account and includes the required attestation that the seller is not aware of undisclosed material adverse information.

Insights

Securities/Financial Analyst

TL;DR: Routine insider sale notice for 4,572 shares from director award vesting; no recent sales reported.

This Form 144 documents a planned sale by a person associated with Patrick Industries of 4,572 common shares valued at $512,700, to be executed through Charles Schwab on Nasdaq. The securities were acquired via restricted director stock award vesting on two dates in 2024 and 2025. The filing contains the standard attestation regarding material nonpublic information and reports no sales in the prior three months. Based solely on the filing, this appears to be a regulatory disclosure of a planned sale rather than an operational or financial development affecting the issuer.

Corporate Governance Expert

TL;DR: Typical compliance filing showing director award vesting and subsequent planned sale; governance disclosure appears complete.

The notice identifies the sale method, broker, acquisition dates, and grant origin (restricted director stock award vesting), which aligns with standard insider reporting and Rule 144 requirements. The filing includes the required representation about material information and notes no aggregated recent sales. From a governance and disclosure perspective, the form supplies the necessary transaction-level details without indicating any governance concerns.

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	Charles Schwab Corp 3000 Schwab Way Westlake TX 76262	4572	512700	33278676	08/19/2025	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	05/24/2024	Restricted director stock award vesting compensation	Issuer			2704	05/24/2024	N/A
Common Stock	05/16/2025	Restricted director stock award vesting compensation	Issuer			1868	05/16/2025	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 Form 144 filed for PATK disclose?

The form discloses a proposed sale of 4,572 common shares valued at $512,700, to be sold via Charles Schwab on 08/19/2025 on Nasdaq.

How were the shares being sold acquired?

The shares were acquired via restricted director stock award vesting: 2,704 shares on 05/24/2024 and 1,868 shares on 05/16/2025.

Does the filing report any sales in the past three months?

The filing states Nothing to Report for securities sold during the past three months for the account.

Which broker will execute the sale and where is the trade listed?

The broker listed is Charles Schwab (3000 Schwab Way, Westlake TX) and the securities are listed on Nasdaq.

Does the Form 144 include an attestation about material nonpublic information?

Yes, the filer represents by signing the notice that they do not know of any material adverse information about the issuer that has not been publicly disclosed.