Patrick Industries (PATK) SVP uses 287 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patrick Industries senior vice president of finance and chief accounting officer Matthew S. Filer reported a small administrative share transaction. On January 26, 2026, he transferred 287 shares of common stock back to the company at $128.92 per share to cover taxes owed on a previously granted time-based stock award from January 2023 that fully vested in January 2026. After this tax-withholding transaction, he directly owned 14,521 shares of Patrick Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Filer Matthew S
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 287 | $128.92 | $37K |
Holdings After Transaction:
Common Stock — 14,521 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PATK executive Matthew Filer report?
Matthew S. Filer reported transferring 287 shares of Patrick Industries common stock back to the company. This occurred on January 26, 2026 at $128.92 per share to cover tax withholding on a vested stock grant from January 2023.
Was the PATK Form 4 transaction an open-market sale by the executive?
No. The 287-share transaction was a return of shares to Patrick Industries to satisfy tax withholding obligations. It was tied to a time-based stock grant that fully vested in January 2026, not a discretionary open-market sale.
What does transaction code "F" mean in the PATK Form 4?
Transaction code “F” indicates shares were withheld or surrendered to the issuer to pay tax obligations. In this case, 287 shares of Patrick Industries common stock were returned to the company to cover taxes on a vested time-based stock grant.
Which PATK officer is involved in this Form 4 filing and what is his role?
The filing involves Matthew S. Filer, who serves as senior vice president of finance and chief accounting officer at Patrick Industries. He reported a tax-withholding related share return rather than a voluntary purchase or sale in the market.