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Patrick Industries (PATK) director sells 2,704 shares at $140.75 average

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Patrick Industries director John A. Forbes reported selling 2,704 shares of common stock on February 6, 2026 in an open-market transaction. The shares were sold at a weighted average price of $140.7504 per share, in multiple trades between $140.59 and $141.00. Following the sale, Forbes beneficially owns 49,272 shares of Patrick Industries common stock.

Positive

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Negative

  • None.
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*
Forbes John A

(Last) (First) (Middle)
107 W. FRANKLIN ST

(Street)
ELKHART IN 46516

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/06/2026 S 2,704 D $140.7504(1) 49,272 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. The price quoted in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.59 to $141.00, inclusive. The Reporting Person undertakes to provide to Patrick Industries, Inc., any security holder of Patrick Industries, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
Remarks:
/s/ John A. Forbes by Joel D. Duthie, attorney-in-fact 02/09/2026
** 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.

FAQ

What insider transaction did PATK director John A. Forbes report?

John A. Forbes reported selling 2,704 shares of Patrick Industries common stock. The sale occurred on February 6, 2026, and was reported on a Form 4 insider trading filing with the SEC as an open-market sale coded “S.”

At what price did John A. Forbes sell Patrick Industries (PATK) shares?

The reported weighted average sale price was $140.7504 per share. The shares were sold in multiple transactions at prices ranging from $140.59 to $141.00, according to the transaction footnote in the Form 4 filing.

How many Patrick Industries shares does John A. Forbes own after this sale?

After selling 2,704 shares, John A. Forbes beneficially owns 49,272 shares of Patrick Industries common stock. This post-transaction holding figure is disclosed in the Form 4 as the amount beneficially owned following the reported sale.

What does transaction code “S” mean in the Patrick Industries Form 4?

Transaction code “S” indicates an open-market or private sale of non-derivative securities. In this case, it shows that John A. Forbes sold 2,704 shares of Patrick Industries common stock rather than receiving or exercising stock awards or options.

Does the Form 4 show direct or indirect ownership for the PATK shares?

The Form 4 lists the ownership form as “D,” indicating direct ownership of the reported shares. There is no nature of indirect beneficial ownership disclosed, meaning the transaction is reported as directly held by John A. Forbes.

Is there any detail on how the Patrick Industries shares were sold?

Yes. The filing states the price is a weighted average and that the shares were sold in multiple transactions between $140.59 and $141.00. The reporting person offers to provide full breakdowns of shares sold at each price upon request.
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