Patrick Industries (PATK) Form 4: Officer sells 22,389 shares at ~$110
Rhea-AI Filing Summary
Jeffrey M. Rodino, President - RV of Patrick Industries, Inc. (PATK), reported an insider sale on 08/13/2025. The Form 4 shows the sale of 22,389 shares of common stock in multiple transactions at a weighted average price of $110.324, with prices in the range $110.00 to $111.11. After the reported sale, the filing discloses that the reporting person beneficially owned 206,492 shares. The form was signed by an attorney-in-fact on behalf of Mr. Rodino on 08/15/2025. The filer notes they will provide transaction-level price/quantity details on request. No derivative transactions or other material changes are shown.
Positive
- None.
Negative
- Officer sale of 22,389 shares was reported, reducing insider holdings to 206,492 shares
Insights
TL;DR: Officer sale disclosed: 22,389 shares sold at a weighted average of $110.324, leaving 206,492 shares owned.
The Form 4 is a routine disclosure of an officer sale. It identifies Mr. Rodino as an officer (President - RV) and reports a single non-derivative disposition totaling 22,389 shares executed on 08/13/2025 at a weighted average price of $110.324 with a price range of $110.00 to $111.11. The filing states beneficial ownership after the sale as 206,492 shares and includes an undertaking to provide detailed per-price quantities on request. There are no indications of related derivative activity, new grants, or changes to beneficial ownership method. From a governance perspective, the filing meets Section 16 reporting requirements and contains the standard explanatory footnote.
TL;DR: Insider sale recorded; single-line non-derivative disposition, no other material transactions disclosed.
The Form 4 reports a sale (code S) of 22,389 common shares by the reporting person on 08/13/2025. The weighted average sale price is reported as $110.324 and the filer reports remaining beneficial ownership of 206,492 shares. No acquisitions, option exercises, or derivative positions are reported on this form. The disclosure is transactional and contains no financial performance figures or forward-looking statements. The document includes the signature executed by an attorney-in-fact on 08/15/2025 and an explicit note that transaction-level pricing details can be provided upon request.