PATK Form 4: Officer Kip Ellis gifts 650 shares, retains 124,729

Rhea-AI Filing Summary

Patrick Industries insider reported a gift of common stock. On 08/26/2025, Kip B. Ellis, an officer and director serving as President–Powersports/Housing, disposed of 650 shares of Patrick Industries common stock as a gift, recorded with transaction code "G." The filing shows 124,729 shares beneficially owned by Mr. Ellis following the transaction, held directly. The Form 4 was signed on 08/27/2025 by an attorney-in-fact. No exercise or derivative transactions are reported and no price was associated with the gifted shares.

Insights

Corporate Governance Expert

TL;DR: Small, routine insider gift; no material change to ownership or control.

The Form 4 documents a voluntary transfer of 650 common shares by a named officer and director using transaction code G for a gift. Beneficial ownership after the gift remains 124,729 shares held directly, indicating the disposition is immaterial relative to total holdings reported here. The filing follows Section 16 reporting requirements and includes an attorney-in-fact signature, which is common for timely filings.

Securities Analyst

TL;DR: Transaction is routine insider activity with minimal investor impact.

The entry reports a non‑derivative disposition via gift and no sale proceeds, so there is no immediate market impact or change to outstanding derivative exposure. Because only 650 shares were gifted and 124,729 shares remain beneficially owned, the change is small and does not indicate a shift in insider stake or company control based on the data provided.

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^*

Ellis Kip B

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President-Powersports/ Housing

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

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	08/26/2025		G		650(1)	D	$0	124,729	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. Represents shares of common stock gifted by the reporting person.

Remarks:

	/s/ Kip B. Ellis by Joel D. Duthie, attorney-in-fact	08/27/2025
	** 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 did Kip B. Ellis report in the Form 4 for PATK?

The filing reports a gift (transaction code G) of 650 shares of Patrick Industries common stock on 08/26/2025.

How many Patrick Industries shares does Kip B. Ellis beneficially own after the transaction?

The Form 4 shows 124,729 shares beneficially owned by Mr. Ellis following the reported gift.

Was there a sale or price recorded for the shares on this Form 4?

No sale price is recorded; the disposition was a gift and the price field is listed as $0.

What is Kip B. Ellis's role at Patrick Industries as stated in the filing?

The filing lists Mr. Ellis as an officer and director with the title President–Powersports/Housing.

Who signed the Form 4 and when?

The Form 4 was signed on 08/27/2025 by /s/ Kip B. Ellis by Joel D. Duthie, attorney-in-fact.