Patrick Industries (PATK) CEO Nemeth logs major stock grants and tax share return

Rhea-AI Filing Summary

Patrick Industries Chief Executive Officer and director Andy L. Nemeth reported several equity-related transactions in company common stock on January 27, 2026. A performance-based award granted in January 2023 was adjusted, increasing his entitlement by 38,383 shares tied to vesting in January 2026.

Nemeth returned 16,630 shares to the company at $129.93 per share to cover tax withholding on a three-year performance-based grant that met target company objectives. He also received an annual management time-based grant of 7,696 shares that vests in January 2029.

In addition, he was granted 30,786 performance-based shares that vest after three years upon achievement of target company objectives. Following these transactions, Nemeth directly beneficially owned 277,745 shares of Patrick Industries common stock.

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^*

NEMETH ANDY L

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026

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	01/27/2026		J		38,383(1)	D	$0	255,893	D
Common Stock	01/27/2026		F		16,630(2)	D	$129.93	239,263	D
Common Stock	01/27/2026		A		7,696(3)	A	$0	246,959	D
Common Stock	01/27/2026		A		30,786(4)	A	$0	277,745	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. Reflects an adjustment to the number of shares that the reporting owner is entitled to upon vesting in January 2026 of a performance-based grant originally awarded in January 2023.

2. Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a performance-based stock grant awarded in January 2023 that vested after three years upon the achievement of target Company objectives.

3. Annual Management time-based grant awarded January 2026 and vesting in January 2029.

4. Shares are performance-based and vest after three years upon achievement of target Company objectives.

Remarks:

	/s/ Andy L. Nemeth by Joel D. Duthie, attorney-in-fact	01/29/2026
	** 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 transactions did PATK CEO Andy Nemeth report on January 27, 2026?

Andy Nemeth reported several equity transactions on January 27, 2026, including an adjustment of 38,383 performance-based shares, tax withholding of 16,630 shares, and new grants totaling 38,482 shares. These movements reflect compensation-related stock awards and associated tax settlements.

How many Patrick Industries (PATK) shares does CEO Andy Nemeth own after these Form 4 transactions?

After the reported transactions, Andy Nemeth directly beneficially owned 277,745 Patrick Industries common shares. This figure reflects the net result of the performance-based adjustment, shares withheld for taxes, and new time-based and performance-based stock grants awarded on January 27, 2026.

Why were 16,630 PATK shares returned to Patrick Industries in this Form 4?

The 16,630 shares were returned to Patrick Industries to satisfy tax withholding for a performance-based stock grant awarded in January 2023. That grant vested after three years once target company objectives were achieved, creating a tax obligation settled in shares instead of cash.

What is the nature of the 7,696 PATK shares granted to Andy Nemeth in January 2026?

The 7,696 shares are an annual management time-based stock grant awarded in January 2026. According to the filing, these shares vest in January 2029, providing long-term incentive compensation that depends on Nemeth’s continued service through the three-year vesting period.

How are the 30,786 performance-based PATK shares structured for CEO Andy Nemeth?

The 30,786 shares are performance-based and vest after three years upon achievement of target company objectives. This links a substantial portion of Nemeth’s equity compensation to company performance over a multi-year period, aligning his potential share ownership with meeting predefined business goals.

What does the 38,383-share adjustment in PATK’s Form 4 represent for Andy Nemeth?

The 38,383-share figure reflects an adjustment to the number of shares Nemeth is entitled to upon vesting in January 2026 from a performance-based grant originally awarded in January 2023. The adjustment updates his entitlement based on the final performance outcome of that grant.