Patrick Industries president updates stock holdings
Patrick Industries president Jeffrey M. Rodino reported several stock-related transactions in company common stock.
Rhea-AI Filing Summary
Patrick Industries president Jeffrey M. Rodino reported several stock-related transactions in company common stock. On January 27, 2026, a performance-based grant from January 2023 was adjusted, adding 16,312 shares tied to vesting in January 2026.
On the same date, 7,377 shares were returned to Patrick Industries at $129.93 per share to cover tax withholding on a performance-based grant that vested after three years. Rodino also received an annual time-based grant of 2,847 shares vesting in January 2029 and an additional 11,391 performance-based shares that vest after three years if company objectives are met. After these transactions, he directly owned 194,904 shares of Patrick Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 16,312 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,377 | $129.93 | $958K |
| Grant/Award | Common Stock | 2,847 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 11,391 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. Annual Management time-based grant awarded January 2026 and vesting in January 2029.
- F4. Shares are performance-based and vest after three years upon achievement of target Company objectives.
FAQ
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