Patrick Industries (PATK) director granted 1,594 shares of stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Forbes John A reported acquisition or exercise transactions in this Form 4 filing.
Patrick Industries director John A. Forbes received an annual stock grant of 1,594 shares of Common Stock. The award was granted on May 14, 2026 at no cash cost and is scheduled to vest on May 14, 2027. After this grant, Forbes directly holds 50,866 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Forbes John A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,594 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 50,866 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 1,594 shares
Shares held after grant: 50,866 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Director stock grant
1,594 shares
Annual Director's Stock Grant awarded May 14, 2026
Shares held after grant
50,866 shares
Direct common stock holdings after transaction
Grant price per share
$0.0000 per share
Reported transaction price for granted shares
Vesting date
May 14, 2027
Grant vests one year after award date
Key Terms
Annual Director's Stock Grant, vesting, Form 4, 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.
Form 4 regulatory
"INSIDER FILING DATA (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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Patrick Industries (PATK) director John A. Forbes report on this Form 4?
John A. Forbes reported receiving an annual director’s stock grant of 1,594 shares of Patrick Industries Common Stock. The grant was awarded on May 14, 2026 and increased his directly held position to 50,866 shares after the transaction.
Is the Patrick Industries (PATK) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation-related grant, not an open-market stock purchase. John A. Forbes received 1,594 shares as an annual director’s stock grant, awarded at no stated cash price per share and classified as a grant or award acquisition.