[Form 4] Patrick Industries Inc Insider Trading Activity
Rhea-AI Filing Summary
Patrick Industries insider sale details: The Form 4 shows that Kip B. Ellis, listed as President-Powersports/Housing and a director/officer of Patrick Industries, sold 21,452 shares of the issuer's common stock on 08/13/2025. The shares were sold under transaction code "S" at a weighted-average price of $110.0053 per share, with individual sale prices ranging from $109.030 to $111.105.
Following the reported disposals, the reporting person beneficially owned 125,379 shares, reported as direct holdings. The filing includes an undertaking to provide the breakdown of shares sold at each separate price upon request and is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- None.
Negative
- None.
Insights
TL;DR: Officer/director sold a minority stake: 21,452 shares at a weighted average of $110.0053, leaving 125,379 shares beneficially owned.
The sale is a straightforward Section 16 disclosure showing an open-market disposition by a named officer and director. The filing specifies the sale price range ($109.030 to $111.105) and the weighted-average price reported in the table. No options, derivatives, or acquisitions are reported. The reporting person retains a direct stake of 125,379 shares after the transaction.
TL;DR: Routine insider sale disclosed; form is complete with price-range footnote and signature by attorney-in-fact.
The Form 4 includes required elements: reporting person identity, relationship to issuer, transaction date, code indicating sale, quantities sold, post-transaction holdings, and a footnote clarifying the weighted-average pricing and range. The form is signed by an attorney-in-fact and contains an offer to provide detailed per-price sale information, satisfying disclosure expectations for such transactions.