What triggered the tax withholding share return reported by Patrick Industries (PATK)?

The share return was triggered by a time-based stock grant awarded in January 2023 that became fully vested in January 2026. Upon vesting, 603 shares were returned to Patrick Industries to satisfy associated tax withholding obligations.

Patrick Industries officer withholds 603 shares for taxes

Patrick Industries Chief Legal Officer and Secretary Joel D. Duthie reported a tax-related share withholding.

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Rhea-AI Filing Summary

Patrick Industries Chief Legal Officer and Secretary Joel D. Duthie reported a tax-related share withholding. On 01/26/2026, 603 shares of Patrick Industries common stock were returned to the company at $128.92 per share to satisfy tax withholding on a time-based stock grant that fully vested in January 2026.

After this transaction, Duthie beneficially owned 38,495 shares of common stock directly.

Insider Trade Summary

Exercise Price or Tax Liability: 603 shares

Exercise Price or Tax Liability 1 txn

Insider Duthie Joel D

Role Chief Legal Officer/Secretary

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	603	$128.92	$78K

Holdings After Transaction: Common Stock — 38,495 shares (Direct)

Footnotes (1)

F1. 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.

FAQ

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What insider transaction did Patrick Industries (PATK) report for Joel D. Duthie?

Patrick Industries reported that Chief Legal Officer Joel D. Duthie returned 603 common shares to the company. The shares were withheld to cover tax obligations tied to a time-based stock grant that vested in January 2026, rather than an open-market sale.

Was the Patrick Industries (PATK) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax withholding event coded "F," not an open-market sale. 603 shares were returned to Patrick Industries to satisfy taxes due on a vested time-based stock grant awarded in January 2023.

At what price were the 603 Patrick Industries (PATK) shares valued in the Form 4?

The 603 common shares involved in the tax withholding transaction were valued at $128.92 per share. This price is used in the Form 4 to report the value of shares returned to Patrick Industries to cover the insider’s tax obligation.

How many Patrick Industries (PATK) shares does Joel D. Duthie own after the reported transaction?

After the 603-share tax withholding transaction, Joel D. Duthie beneficially owned 38,495 shares of Patrick Industries common stock. The Form 4 lists these shares as directly held, reflecting his position following the vesting-related share return.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 01/28/2026 - 09:03 PM EST

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^*

Duthie Joel D

(Last)

(First)

(Middle)

107 W. FRANKLIN STREET

(Street)

ELKHART

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)
	Chief Legal Officer/Secretary

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/26/2026		F		603⁽¹⁾	D	$128.92	38,495	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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/ Joel D. Duthie	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.

Source: View Original Filing on SEC EDGAR