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Patrick Industries (PATK) COO returns 410 shares for tax withholding

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

Rhea-AI Filing Summary

Patrick Industries officer Hugo E. Gonzalez, President of Powersports & Housing and COO, reported a share withholding related to equity compensation. On January 26, 2026, 410 shares of common stock at $128.92 per share were returned to the company to cover tax withholding on a time-based stock grant awarded in January 2023 that fully vested in January 2026. After this transaction, Gonzalez directly holds 41,439 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*
Gonzalez Hugo E

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

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres Powersports & Housing/COO
3. Date of Earliest Transaction (Month/Day/Year)
01/26/2026
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 01/26/2026 F 410(1) D $128.92 41,439 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. Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a time-based stock grant awarded in January 2023 that became fully vested in January 2026.
Remarks:
/s/Hugo E. Gonzalez by Joel D. Duthie, attorney-in-fact 01/28/2026
** 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 officer Hugo E. Gonzalez report?

Hugo E. Gonzalez reported returning 410 shares of Patrick Industries common stock to the company. The shares were withheld at $128.92 each to satisfy tax obligations tied to a vested time-based stock grant awarded in January 2023 and fully vested in January 2026.

Why were 410 Patrick Industries (PATK) shares returned to the company?

The 410 shares were returned to Patrick Industries to satisfy Gonzalez’s tax withholding obligation. This obligation arose from a time-based stock grant awarded in January 2023 that became fully vested in January 2026, triggering the associated tax liability on the vested shares.

What is Hugo E. Gonzalez’s role at Patrick Industries (PATK)?

Hugo E. Gonzalez serves as an officer of Patrick Industries with the title "Pres Powersports & Housing/COO." This indicates he is President of the Powersports and Housing segment and Chief Operating Officer, combining operating leadership and segment oversight responsibilities within the company’s structure.

How many Patrick Industries shares does Hugo E. Gonzalez own after the transaction?

Following the January 26, 2026 transaction, Hugo E. Gonzalez beneficially owns 41,439 shares of Patrick Industries common stock. The ownership is reported as direct, meaning the shares are held in his name rather than through an intermediary or indirect entity structure.

What does transaction code "F" mean in the PATK Form 4 filing?

Transaction code "F" indicates shares were disposed of to pay tax withholding on a stock award. In this case, 410 shares of Patrick Industries common stock were returned to the company to cover the tax obligation on a vested time-based stock grant awarded in January 2023.

Was the PATK Form 4 transaction an open-market sale of shares?

The transaction was not an open-market sale. The 410 shares were returned directly to Patrick Industries to satisfy tax withholding obligations tied to a time-based stock grant, rather than being sold through the market to third-party buyers or investors.
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4.31B
31.90M
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Furnishings, Fixtures & Appliances
Motor Vehicle Parts & Accessories
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United States
ELKHART