Patrick Industries (PATK) Form 4: Director Kitson Disposes of 4,572 Shares

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.

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

Corporate Governance Expert

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.

Securities Analyst

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.

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
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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.