Patrick Industries (PATK) director awarded 1,594-share stock grant, holds 74,722 shares

Rhea-AI Filing Summary

Cerulli Joseph M reported acquisition or exercise transactions in this Form 4 filing.

PATRICK INDUSTRIES INC director Joseph M. Cerulli received an annual stock grant of 1,594 shares of common stock on May 14, 2026 at no cash cost, as board compensation. The grant vests on May 14, 2027. After this award, he directly holds 74,722 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cerulli Joseph M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,594	$0.00	--

Holdings After Transaction: Common Stock — 74,722 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 1,594 shares Grant price: $0.00 per share Post-transaction holdings: 74,722 shares +1 more

4 metrics

Shares granted 1,594 shares Annual Director's Stock Grant on May 14, 2026

Grant price $0.00 per share Reported transaction price for the stock award

Post-transaction holdings 74,722 shares Common stock directly owned after the grant

Vesting date May 14, 2027 Vesting date of the annual director stock grant

Key Terms

Annual Director's Stock Grant, vesting, Form 4, equity compensation

4 terms

Annual Director's Stock Grant financial

"Annual Director's Stock Grant awarded on May 14, 2026 and vesting on May 14, 2027."

vesting financial

"awarded on May 14, 2026 and vesting on May 14, 2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 regulatory

"What did PATRICK INDUSTRIES INC (PATK) director Joseph Cerulli report on this Form 4?"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

equity compensation financial

"reflecting equity compensation rather than a cash investment."

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

Form 4 Insider Transactions: What Each Field Means →

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^*

Cerulli Joseph M

(Last) (First) (Middle)

107 W. FRANKLIN STREET

(Street)

ELKHART INDIANA 46516

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PATRICK INDUSTRIES INC [ PATK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/14/2026		A		1,594(1)	A	$0(1)	74,722	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. Annual Director's Stock Grant awarded on May 14, 2026 and vesting on May 14, 2027.

Remarks:

	/s/ Joseph M. Cerulli by Joel D. Duthie, attorney-in-fact	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did PATRICK INDUSTRIES INC (PATK) director Joseph Cerulli report on this Form 4?

Director Joseph M. Cerulli reported receiving an annual stock grant of 1,594 shares of PATRICK INDUSTRIES INC common stock. The shares were awarded as director compensation, not bought in the open market, and increased his direct holdings to 74,722 shares.

Was the PATK insider transaction a stock purchase or a grant?

The PATK insider transaction was a stock grant, not a market purchase. Joseph M. Cerulli received 1,594 common shares as an annual director’s stock grant at a reported price of $0.00 per share, reflecting equity compensation rather than a cash investment.

When do the new PATK shares granted to Joseph Cerulli vest?

The 1,594 PATRICK INDUSTRIES INC shares granted to Joseph Cerulli vest on May 14, 2027. Until that vesting date, the award is subject to the company’s vesting conditions tied to this annual director’s stock grant program.

How many PATRICK INDUSTRIES INC shares does Joseph Cerulli hold after this grant?

Following the grant, Joseph M. Cerulli directly holds 74,722 shares of PATRICK INDUSTRIES INC common stock. This total includes the newly awarded 1,594-share annual director’s stock grant reported in the Form 4 filing for May 14, 2026.

Does the PATK Form 4 indicate any stock sales by Joseph Cerulli?

The Form 4 shows no stock sales by Joseph Cerulli. It reports only an acquisition coded as a grant or award, covering 1,594 common shares, with his total direct holdings rising to 74,722 shares after the compensation-related transaction.