Patrick Industries (PATK) director Natalie Brown awarded 1,594-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brown Natalie A reported acquisition or exercise transactions in this Form 4 filing.
PATRICK INDUSTRIES INC director Natalie A. Brown received an equity award of 1,594 shares of Common Stock as part of her annual director compensation. The shares were granted at no cash cost to her on May 14, 2026 and increase her direct holdings to 3,319 shares.
The footnote explains this is an Annual Director's Stock Grant that will vest on May 14, 2027, meaning the award is subject to a one-year vesting period before it fully becomes hers.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Natalie A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,594 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,319 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 1,594 shares
Grant price: $0.0000 per share
Post-transaction holdings: 3,319 shares
+1 more
4 metrics
Stock grant size
1,594 shares
Annual Director's Stock Grant on May 14, 2026
Grant price
$0.0000 per share
Indicates no cash paid for grant
Post-transaction holdings
3,319 shares
Common Stock directly held after grant
Vesting date
May 14, 2027
Annual Director's Stock Grant vesting date
Key Terms
Annual Director's Stock Grant, Common Stock, Grant, award, or other acquisition, vesting
4 terms
Annual Director's Stock Grant financial
"Annual Director's Stock Grant awarded on May 14, 2026 and vesting on May 14, 2027."
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vesting financial
"awarded on May 14, 2026 and vesting on May 14, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did PATK director Natalie A. Brown report in this Form 4?
Natalie A. Brown reported receiving an award of 1,594 shares of PATRICK INDUSTRIES INC Common Stock. The grant is part of her annual director compensation and increased her direct holdings to 3,319 shares after the transaction.
Was the PATK stock grant to Natalie A. Brown a market purchase or sale?
The transaction was a grant, not an open-market trade. Brown received 1,594 shares of Common Stock at no cash cost as an Annual Director's Stock Grant, classified as a grant, award, or other acquisition on the Form 4.
What transaction code was used for Natalie A. Brown’s PATK stock grant?
The Form 4 uses transaction code “A” for the 1,594-share grant to Natalie A. Brown. Code A indicates a grant, award, or other acquisition, consistent with an Annual Director's Stock Grant received as part of board compensation.