STOCK TITAN

[Form 4] Patrick Industries Inc Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Michael A. Kitson, a director of Patrick Industries, Inc. (PATK), reported an insider sale on 08/19/2025. The Form 4 shows Mr. Kitson disposed of 4,572 shares of common stock in multiple trades at a weighted average price of $112.67, with individual trade prices ranging from $112.657 to $112.96. After the reported sale he beneficially owned 11,850 shares. The filing was signed by Mr. Kitson via attorney-in-fact Joel D. Duthie and includes an undertaking to provide a breakdown of the number of shares sold at each price within the stated range upon request.

Michael A. Kitson, amministratore di Patrick Industries, Inc. (PATK), ha segnalato una vendita da insider il 08/19/2025. Il Modulo 4 indica che il sig. Kitson ha ceduto 4.572 azioni ordinarie in più operazioni a un prezzo medio ponderato di $112,67, con singoli prezzi di esecuzione compresi tra $112,657 e $112,96. Dopo la vendita oggetto della segnalazione risultava beneficiariamente titolare di 11.850 azioni. Il documento è stato firmato dal sig. Kitson tramite il procuratore Joel D. Duthie e contiene l'impegno a fornire, su richiesta, il dettaglio del numero di azioni vendute a ciascun prezzo all'interno dell'intervallo indicato.

Michael A. Kitson, director de Patrick Industries, Inc. (PATK), informó una venta de insider el 08/19/2025. El Formulario 4 muestra que el Sr. Kitson dispuso de 4.572 acciones ordinarias en múltiples operaciones a un precio medio ponderado de $112,67, con precios por operación entre $112,657 y $112,96. Tras la venta notificada, poseía beneficiariamente 11.850 acciones. La presentación fue firmada por el Sr. Kitson a través del apoderado Joel D. Duthie e incluye el compromiso de facilitar, a petición, el desglose del número de acciones vendidas a cada precio dentro del rango indicado.

Michael A. Kitson은 Patrick Industries, Inc. (PATK)의 이사로서 2025/08/19에 내부자 매도를 신고했습니다. Form 4에는 Kitson 씨가 가중평균 가격 $112.67에 여러 건의 거래로 보통주 4,572주를 처분했으며, 개별 거래 가격은 $112.657에서 $112.96 사이로 표기되어 있습니다. 신고된 매도 후 그는 실질적으로 11,850주를 보유하고 있었습니다. 해당 서류는 Kitson 씨가 대리인 Joel D. Duthie를 통해 서명했으며, 요청 시 명시된 가격 범위 내에서 각 가격대별로 몇 주가 판매되었는지 세부 내역을 제공하겠다는 약속이 포함되어 있습니다.

Michael A. Kitson, administrateur de Patrick Industries, Inc. (PATK), a déclaré une cession d'initié le 19/08/2025. Le formulaire 4 indique que M. Kitson a disposé de 4 572 actions ordinaires lors de plusieurs transactions à un prix moyen pondéré de 112,67 $, les prix unitaires s'étant situés entre 112,657 $ et 112,96 $. Après la vente déclarée, il détenait bénéficiairement 11 850 actions. Le dépôt a été signé par M. Kitson via le mandataire Joel D. Duthie et comprend l'engagement de fournir, sur demande, le détail du nombre d'actions vendues à chaque prix dans l'intervalle indiqué.

Michael A. Kitson, ein Direktor von Patrick Industries, Inc. (PATK), meldete am 19.08.2025 einen Insider-Verkauf. Das Formblatt 4 weist aus, dass Herr Kitson 4.572 Stammaktien in mehreren Transaktionen zu einem gewichteten Durchschnittspreis von $112,67 veräußert hat; die einzelnen Transaktionspreise lagen zwischen $112,657 und $112,96. Nach dem gemeldeten Verkauf besaß er wirtschaftlich 11.850 Aktien. Die Einreichung wurde von Herrn Kitson über den Bevollmächtigten Joel D. Duthie unterzeichnet und enthält die Zusage, auf Anfrage eine Aufschlüsselung der Anzahl der zu jedem Preis innerhalb der angegebenen Spanne verkauften Aktien vorzulegen.

Positive
  • Timely and compliant disclosure: The Form 4 records the insider transaction and offers to provide per-trade details on request
  • Precise pricing disclosure: The filing lists a weighted average price and the range of trade prices for transparency
Negative
  • Reduction in insider ownership: The reporting person disposed of 4,572 shares, lowering direct beneficial holdings to 11,850 shares
  • No explanation provided: The filing does not state whether the sale was pursuant to a 10b5-1 plan or the reason for the disposition

Insights

TL;DR: Routine insider sale disclosed; shows compliance with Section 16 reporting but no contextual explanation for the sale.

The Form 4 documents a sale by a company director executed on 08/19/2025 and includes the required disclosure of share counts and weighted average price. The filing’s inclusion of an offer to provide per-trade details is consistent with transparent reporting practices. The report does not provide any information about the reason for the sale, any planned trading arrangements, or whether sales were pre-arranged under a 10b5-1 plan.

TL;DR: Director sold 4,572 shares at ~$112.67; remaining beneficial ownership is 11,850 shares.

The transaction reduces the director’s direct beneficial stake by 4,572 shares on the reported date, with a disclosed weighted average sale price of $112.67 and a narrow reported price range. No derivative transactions or other securities changes are reported. As reported, the sale is a standalone disposition and does not include context such as trading plan status or proportion of total holdings represented by the sale.

Michael A. Kitson, amministratore di Patrick Industries, Inc. (PATK), ha segnalato una vendita da insider il 08/19/2025. Il Modulo 4 indica che il sig. Kitson ha ceduto 4.572 azioni ordinarie in più operazioni a un prezzo medio ponderato di $112,67, con singoli prezzi di esecuzione compresi tra $112,657 e $112,96. Dopo la vendita oggetto della segnalazione risultava beneficiariamente titolare di 11.850 azioni. Il documento è stato firmato dal sig. Kitson tramite il procuratore Joel D. Duthie e contiene l'impegno a fornire, su richiesta, il dettaglio del numero di azioni vendute a ciascun prezzo all'interno dell'intervallo indicato.

Michael A. Kitson, director de Patrick Industries, Inc. (PATK), informó una venta de insider el 08/19/2025. El Formulario 4 muestra que el Sr. Kitson dispuso de 4.572 acciones ordinarias en múltiples operaciones a un precio medio ponderado de $112,67, con precios por operación entre $112,657 y $112,96. Tras la venta notificada, poseía beneficiariamente 11.850 acciones. La presentación fue firmada por el Sr. Kitson a través del apoderado Joel D. Duthie e incluye el compromiso de facilitar, a petición, el desglose del número de acciones vendidas a cada precio dentro del rango indicado.

Michael A. Kitson은 Patrick Industries, Inc. (PATK)의 이사로서 2025/08/19에 내부자 매도를 신고했습니다. Form 4에는 Kitson 씨가 가중평균 가격 $112.67에 여러 건의 거래로 보통주 4,572주를 처분했으며, 개별 거래 가격은 $112.657에서 $112.96 사이로 표기되어 있습니다. 신고된 매도 후 그는 실질적으로 11,850주를 보유하고 있었습니다. 해당 서류는 Kitson 씨가 대리인 Joel D. Duthie를 통해 서명했으며, 요청 시 명시된 가격 범위 내에서 각 가격대별로 몇 주가 판매되었는지 세부 내역을 제공하겠다는 약속이 포함되어 있습니다.

Michael A. Kitson, administrateur de Patrick Industries, Inc. (PATK), a déclaré une cession d'initié le 19/08/2025. Le formulaire 4 indique que M. Kitson a disposé de 4 572 actions ordinaires lors de plusieurs transactions à un prix moyen pondéré de 112,67 $, les prix unitaires s'étant situés entre 112,657 $ et 112,96 $. Après la vente déclarée, il détenait bénéficiairement 11 850 actions. Le dépôt a été signé par M. Kitson via le mandataire Joel D. Duthie et comprend l'engagement de fournir, sur demande, le détail du nombre d'actions vendues à chaque prix dans l'intervalle indiqué.

Michael A. Kitson, ein Direktor von Patrick Industries, Inc. (PATK), meldete am 19.08.2025 einen Insider-Verkauf. Das Formblatt 4 weist aus, dass Herr Kitson 4.572 Stammaktien in mehreren Transaktionen zu einem gewichteten Durchschnittspreis von $112,67 veräußert hat; die einzelnen Transaktionspreise lagen zwischen $112,657 und $112,96. Nach dem gemeldeten Verkauf besaß er wirtschaftlich 11.850 Aktien. Die Einreichung wurde von Herrn Kitson über den Bevollmächtigten Joel D. Duthie unterzeichnet und enthält die Zusage, auf Anfrage eine Aufschlüsselung der Anzahl der zu jedem Preis innerhalb der angegebenen Spanne verkauften Aktien vorzulegen.

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*
Kitson Michael A

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025
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 08/19/2025 S 4,572 D $112.67(1) 11,850 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. The price quoted in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.657 to $112.96, inclusive. The Reporting Person undertakes to provide to Patrick Industries, Inc., any security holder of Patrick Industries, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
Remarks:
/s/ Michael A. Kitson by Joel D. Duthie, attorney-in-fact 08/19/2025
** 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 activity did PATK report on Form 4 filed for 08/19/2025?

The Form 4 shows director Michael A. Kitson sold 4,572 shares of common stock on 08/19/2025 at a weighted average price of $112.67.

How many Patrick Industries (PATK) shares does Michael A. Kitson beneficially own after the sale?

After the reported sale, Mr. Kitson beneficially owned 11,850 shares of common stock.

What price range did the PATK shares sell for in the reported transaction?

The filing discloses the sale prices ranged from $112.657 to $112.96, with a weighted average of $112.67.

Was the Form 4 signed and who signed it for the reporting person?

The Form 4 was signed on behalf of Michael A. Kitson by attorney-in-fact Joel D. Duthie on 08/19/2025.

Does the filing state if the sale was part of a 10b5-1 trading plan?

The Form 4 does not indicate whether the sale was made under a 10b5-1 trading plan.
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3.73B
31.80M
4.18%
111.49%
7.82%
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ELKHART