Patrick Industries (PATK) marine president buys 1,300 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PATRICK INDUSTRIES INC executive Jacob R. Petkovich, President – Marine, bought additional company stock in the open market. On May 6, 2026, he purchased 1,300 shares of Common Stock at a weighted average price of $95.5745 per share, increasing his direct holdings to 46,290 shares.
The filing notes the purchase was executed through multiple trades within a price range from $95.47 to $95.64 per share, and the quoted price reflects the weighted average across those individual transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,300 shares ($124,247)
Net Buy
1 txn
Insider
Petkovich Jacob R
Role
President - Marine
Bought
1,300 shs ($124K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,300 | $95.5745 | $124K |
Holdings After Transaction:
Common Stock — 46,290 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 1,300 shares
Weighted average purchase price: $95.5745 per share
Shares owned after transaction: 46,290 shares
3 metrics
Shares purchased
1,300 shares
Open-market purchase on May 6, 2026
Weighted average purchase price
$95.5745 per share
Common Stock, multiple trades between $95.47 and $95.64
Shares owned after transaction
46,290 shares
Total direct holdings following May 6, 2026 purchase
Key Terms
open-market purchase, weighted average price, Common Stock
3 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price quoted in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Petkovich report at PATRICK INDUSTRIES (PATK)?
Jacob R. Petkovich reported an open-market purchase of company stock. He acquired 1,300 shares of PATRICK INDUSTRIES common stock on May 6, 2026, in a single reported transaction, according to the Form 4 insider filing data.
What are Jacob R. Petkovich’s holdings in PATRICK INDUSTRIES after this trade?
After the reported purchase, Petkovich directly owns 46,290 shares of PATRICK INDUSTRIES common stock. This figure reflects his total direct holdings immediately following the 1,300-share open-market acquisition disclosed in the Form 4 filing.
What role does Jacob R. Petkovich hold at PATRICK INDUSTRIES (PATK)?
Jacob R. Petkovich serves as President – Marine at PATRICK INDUSTRIES. His officer status and title are disclosed in the insider filing, which identifies him as an executive rather than a director or ten percent owner of the company.
How was the purchase price calculated in Petkovich’s PATRICK INDUSTRIES Form 4?
The reported $95.5745 purchase price is a weighted average across several trades. The Form 4 footnote explains the 1,300 shares were bought in multiple transactions at prices ranging from $95.47 to $95.64 per share, inclusive, on the same date.