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[Form 4] Patrick Industries Inc Insider Trading Activity

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ellis Kip B

(Last) (First) (Middle)
107 W. FRANKLIN STREET

(Street)
ELKHART IN 46516

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PATRICK INDUSTRIES INC [ PATK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President-Powersports/ Housing
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/13/2025 S 21,452 D $110.0053(1) 125,379 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price quoted in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.030 to $111.105, inclusive. The Reporting Person undertakes to provide to Patrick Industries, Inc., any security holder of Patrick Industries, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
Remarks:
/s/ Kip B. Ellis by Joel D. Duthie, attorney-in-fact 08/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Patrick Inds Inc

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4.74B
31.76M
4.15%
110.92%
8.03%
Furnishings, Fixtures & Appliances
Motor Vehicle Parts & Accessories
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United States
ELKHART