PATRICK INDUSTRIES (PATK) CFO adds 1,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PATRICK INDUSTRIES INC executive Matthew S. Filer, EVP Finance, CFO & Treasurer, bought 1,000 shares of Common Stock in an open-market purchase at $85.50 per share. After this transaction, he directly owns 21,614 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($85,500)
Net Buy
1 txn
Insider
Filer Matthew S
Role
null
Bought
1,000 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $85.50 | $86K |
Holdings After Transaction:
Common Stock — 21,614 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 1,000 shares
Purchase price: $85.50 per share
Shares owned after transaction: 21,614 shares
3 metrics
Shares purchased
1,000 shares
Open-market purchase of Common Stock
Purchase price
$85.50 per share
Price paid in the open-market transaction
Shares owned after transaction
21,614 shares
Direct holdings following the Form 4 transaction
Key Terms
open-market purchase, Common Stock, direct ownership
3 terms
open-market purchase financial
"transaction_action: open-market purchase of Common Stock"
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.
Common Stock financial
"security_title: Common Stock reported in the Form 4"
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.
direct ownership financial
"ownership_code D indicates direct ownership of the shares"
FAQ
What insider transaction did PATRICK INDUSTRIES (PATK) report for Matthew S. Filer?
PATRICK INDUSTRIES reported that executive Matthew S. Filer completed an open-market purchase of 1,000 shares of Common Stock at $85.50 per share. This Form 4 filing reflects a direct increase in his personal equity stake in the company.
Was the PATK insider transaction an open-market purchase or another type of acquisition?
The PATK insider transaction was an open-market purchase of Common Stock. The Form 4 classifies it with transaction code “P” and describes the action as an open-market purchase, indicating shares were bought on the market rather than granted as compensation.
Who is the insider involved in the latest PATRICK INDUSTRIES (PATK) Form 4 filing?
The insider is Matthew S. Filer, an executive serving as EVP Finance, CFO & Treasurer at PATRICK INDUSTRIES. He reported directly purchasing 1,000 shares of the company’s Common Stock, increasing his directly held position to 21,614 shares after the transaction.
Does the PATK Form 4 filing show any stock sales or only insider purchases?
The Form 4 for PATRICK INDUSTRIES shows only an insider purchase. It reports one transaction coded as a purchase, covering 1,000 Common Stock shares, and transaction summary data indicate net-buy activity with no reported share sales in this specific filing.