Patrick Industries (PATK) president reports tax withholding and new awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patrick Industries executive Charles R. Roeder, President – RV, reported several equity-related transactions in company common stock on January 27, 2026. An adjustment added 810 shares from a 2023 performance grant, and 1,041 shares were returned to the company to cover tax withholding on a three-year performance award.
Roeder also received an annual management time-based grant of 1,693 shares scheduled to vest in January 2029, plus 6,773 performance-based shares that vest after three years if target company objectives are achieved. Following these transactions, he directly owns 36,397 shares of Patrick Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Roeder Charles R
Role
President - RV
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 810 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,041 | $129.93 | $135K |
| Grant/Award | Common Stock | 1,693 | $0.00 | -- |
| Grant/Award | Common Stock | 6,773 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,972 shares (Direct)
Footnotes (1)
- Reflects an adjustment to the number of shares that the reporting owner is entitled to upon vesting in January 2026 of a performance-based grant originally awarded in January 2023. Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a performance-based stock grant awarded in January 2023 that vested after three years upon the achievement of target Company objectives. Annual Management time-based grant awarded January 2026 and vesting in January 2029. Shares are performance-based and vest after three years upon achievement of target Company objectives.
FAQ
What insider activity did Charles R. Roeder report at Patrick Industries (PATK)?
Charles R. Roeder reported multiple stock transactions on January 27, 2026, including adjustments to a prior performance grant, shares withheld for taxes, and new time-based and performance-based stock awards, resulting in direct ownership of 36,397 Patrick Industries common shares.
What does the tax withholding transaction on Patrick Industries (PATK) stock represent?
The tax withholding transaction reflects 1,041 Patrick Industries shares returned to the company at $129.93 per share. These shares covered tax obligations tied to a performance-based stock grant awarded in January 2023 that vested after three years upon achieving target company objectives.
What new stock awards did Patrick Industries grant to Charles R. Roeder in January 2026?
In January 2026, Charles R. Roeder received 1,693 time-based shares scheduled to vest in January 2029 and 6,773 performance-based shares. The performance-based shares vest after three years, contingent on Patrick Industries achieving specified target company objectives over that period.