Patrick Industries (PATK) director awarded 1,594-share annual stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Augsburger Blake reported acquisition or exercise transactions in this Form 4 filing.
Patrick Industries director Blake Augsburger received an annual stock grant of 1,594 shares of Common Stock as compensation. The award was granted on May 14, 2026 at a stated price of $0.00 per share and is scheduled to vest on May 14, 2027. After this grant, Augsburger directly holds a total of 3,719 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Augsburger Blake
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,594 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,719 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,594 shares
Grant price per share: $0.00 per share
Total shares after grant: 3,719 shares
+1 more
4 metrics
Shares granted
1,594 shares
Annual Director's Stock Grant on May 14, 2026
Grant price per share
$0.00 per share
Director stock grant compensation, not open-market purchase
Total shares after grant
3,719 shares
Director’s direct Common Stock holdings following transaction
Vesting date
May 14, 2027
Scheduled vesting of Annual Director's Stock Grant
Key Terms
Annual Director's Stock Grant, vesting, Common Stock, Grant, award, or other acquisition
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Patrick Industries (PATK) director Blake Augsburger report on this Form 4?
Director Blake Augsburger reported receiving an annual stock grant of 1,594 shares of Patrick Industries Common Stock. The grant is recorded at a price of $0.00 per share and represents a compensation-related award rather than an open-market purchase.
Is the Blake Augsburger PATK Form 4 transaction a stock purchase or a grant?
The transaction is a stock grant, not an open-market purchase. It is coded as a grant, award, or other acquisition and described in the footnote as an Annual Director's Stock Grant awarded on May 14, 2026, with future vesting terms.