Patrick Industries Insider Sale: Nemeth Disposes of 25,000 PATK Shares

Rhea-AI Filing Summary

Patrick Industries insider sale by CEO/director Andy L. Nemeth. The Form 4 reports that on 08/13/2025 Nemeth sold a total of 25,000 shares of Patrick Industries, Inc. (PATK) in two transactions: 20,000 shares sold at $110.00 per share and 5,000 shares sold at a weighted average price of $113.3854 per share (sales occurred across prices ranging from $113.29 to $113.68). Following the transactions, Nemeth beneficially owned 328,641 shares directly, down from 333,641 shares before the sales. The Form is signed on behalf of Nemeth by an attorney-in-fact and contains a footnote offering to provide detailed per-trade pricing on request.

Positive

• Transparent disclosure of sale prices including a weighted-average price and an offer to provide per-trade breakdown
• Form filed by one reporting person and signed (via attorney-in-fact), indicating procedural compliance

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: CEO sold 25,000 PATK shares in routine transactions, reducing direct holdings by ~7,000 shares.

The Form 4 discloses an 08/13/2025 disposition of 25,000 common shares by Andy L. Nemeth, who is listed as both Chief Executive Officer and a director. The sales occurred in two reported tranches and reduced direct beneficial ownership from 333,641 to 328,641 shares. The filing includes a weighted-average price disclosure and an offer to supply per-trade detail, suggesting compliance with reporting norms. There are no derivatives, option exercises, or new grants reported. From a governance perspective, this is a straightforward insider sale with transparent pricing information provided in the footnote.

Securities Analyst

TL;DR: Insider sale is documented clearly; transaction size is modest relative to reported holdings.

Nemeth executed two sell transactions on the same date for a total of 25,000 shares at prices of $110.00 and a weighted average of $113.3854 (range $113.29–$113.68). The residual direct ownership of 328,641 shares remains substantial. The filing does not disclose any associated derivative activity or a 10b5-1 plan checkbox, and no other material events are reported. This is a routine disclosure of beneficial ownership change consistent with Section 16 reporting requirements.

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^*

NEMETH ANDY L

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

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	08/13/2025		S		20,000	D	$110	333,641	D
Common Stock	08/13/2025		S		5,000	D	$113.3854(1)	328,641	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 $113.29 to $113.68, 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/ Andy L. Nemeth by Joel D. Duthie, attorney-in-fact	08/14/2025
	** 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 transaction did Andy L. Nemeth report for PATK?

Nemeth reported the sale of 25,000 PATK shares on 08/13/2025 in two tranches: 20,000 at $110.00 and 5,000 at a weighted average of $113.3854.

How many Patrick Industries shares does Nemeth own after the sale?

328,641 shares directly following the reported transactions.

Did the Form 4 report any options or derivative transactions for PATK?

No. Table II for derivative securities shows no entries; only non-derivative common stock sales are reported.

Was the insider sale executed under a 10b5-1 plan according to the Form 4?

The 10b5-1 checkbox is not indicated in the filing text provided, and no plan is referenced.

Is detailed per-trade pricing available for the sales?

Yes. The footnote states the 5,000-share sale priced across $113.29 to $113.68 and the reporting person offers to provide full per-trade details on request.