Patrick Industries (PATK) president buys 5,750 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patrick Industries Inc. executive Charles R. Roeder, President – RV, bought shares of the company’s common stock in the open market. He purchased 5,750 shares at an average price of $87.8293 per share, increasing his direct holdings to 42,147 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,750 shares ($505,018)
Net Buy
1 txn
Insider
Roeder Charles R
Role
President - RV
Bought
5,750 shs ($505K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,750 | $87.8293 | $505K |
Holdings After Transaction:
Common Stock — 42,147 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 5,750 shares
Purchase price: $87.8293 per share
Post-transaction holdings: 42,147 shares
+1 more
4 metrics
Shares purchased
5,750 shares
Open-market purchase of common stock
Purchase price
$87.8293 per share
Average price for the 5,750-share buy
Post-transaction holdings
42,147 shares
Direct ownership after the purchase
Net buy-sell shares
5,750 shares
Net effect of reported transactions (net-buy)
Key Terms
open-market purchase, Common Stock, Form 4
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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did PATK executive Charles Roeder report?
Charles R. Roeder, President – RV at PATRICK INDUSTRIES INC (PATK), reported an open-market purchase of 5,750 shares of common stock. The transaction was executed at an average price of $87.8293 per share and increased his direct ownership stake.
Was the PATK insider transaction a buy or a sell?
The PATK insider transaction was a buy. Charles Roeder executed an open-market purchase of 5,750 shares of common stock, as indicated by transaction code “P” and the classification as an open-market purchase in the filing data.
Did the PATK Form 4 include any derivative securities activity?
No derivative securities activity was reported for PATK in this Form 4. The filing shows one non-derivative transaction: an open-market purchase of 5,750 shares of common stock, with no options or other derivatives listed in the derivative summary.