Patrick Industries (PATK) CEO adds 10,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patrick Industries Inc Chief Executive Officer Andy L. Nemeth reported an open-market purchase of 10,000 shares of the company’s Common Stock. The shares were bought on May 5, 2026 at a price of $88.00 per share. Following this transaction, his direct ownership increased to 287,745 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($880,000)
Net Buy
1 txn
Insider
NEMETH ANDY L
Role
Chief Executive Officer
Bought
10,000 shs ($880K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $88.00 | $880K |
Holdings After Transaction:
Common Stock — 287,745 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 10,000 shares
Purchase price: $88.00 per share
Shares owned after transaction: 287,745 shares
+1 more
4 metrics
Shares purchased
10,000 shares
Open-market purchase of Common Stock on May 5, 2026
Purchase price
$88.00 per share
Price paid for Common Stock in the Form 4 transaction
Shares owned after transaction
287,745 shares
Total direct Common Stock holdings following the reported purchase
Net buy shares
10,000 shares
Net change in holdings from all reported transactions in this filing
Key Terms
Common Stock, open-market purchase, Purchase in open market or private transaction
3 terms
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.
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Purchase in open market or private transaction financial
"transaction_code_description: "Purchase in open market or private transaction""
FAQ
What did PATK CEO Andy L. Nemeth report in this Form 4 filing?
Andy L. Nemeth reported buying 10,000 shares of Patrick Industries Common Stock in an open-market purchase at $88.00 per share. After this transaction, his direct holdings increased to 287,745 shares, reflecting a larger personal stake in the company.
What type of transaction did PATK’s CEO execute in this insider filing?
The filing shows an open-market purchase of Common Stock, classified with transaction code “P.” This means the CEO bought 10,000 shares at $88.00 per share directly in the market, rather than receiving shares through options, grants, or other indirect mechanisms.