Patrick Industries (NASDAQ: PATK) director awarded 1,594-share annual stock grant

Rhea-AI Filing Summary

Cleveland Todd M reported acquisition or exercise transactions in this Form 4 filing.

PATRICK INDUSTRIES INC director Todd M. Cleveland received an equity grant of 1,594 shares of Common Stock as an annual director’s stock grant. The award was granted on May 14, 2026 at a stated price of $0.00 per share and is scheduled to vest on May 14, 2027. Following this grant, he directly holds 134,880 shares and indirectly holds 51,356 shares through a limited liability corporation.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Cleveland Todd M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,594	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 134,880 shares (Direct, null); Common Stock — 51,356 shares (Indirect, Consists of shares held in a limited liability corporation)

Footnotes (1)

1. [object Object]

Key Figures

Director stock grant: 1,594 shares Grant price per share: $0.00 per share Direct holdings after grant: 134,880 shares +1 more

4 metrics

Director stock grant 1,594 shares Annual Director's Stock Grant on May 14, 2026

Grant price per share $0.00 per share Director stock grant transaction price

Direct holdings after grant 134,880 shares Common Stock directly owned after transactions

Indirect holdings 51,356 shares Common Stock held via limited liability corporation

Key Terms

Annual Director's Stock Grant, grant/award acquisition, indirect ownership, Common Stock

4 terms

Annual Director's Stock Grant financial

"Annual Director's Stock Grant awarded on May 14, 2026 and vesting on May 14, 2027."

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

indirect ownership financial

""ownership_type": "indirect""

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 Insider Transactions: What Each Field Means →

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^*

Cleveland Todd M

(Last) (First) (Middle)

107 W. FRANKLIN STREET

(Street)

ELKHART INDIANA 46516

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/14/2026		A		1,594(1)	A	$0(1)	134,880	D
Common Stock								51,356	I	Consists of shares held in a limited liability corporation

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. Annual Director's Stock Grant awarded on May 14, 2026 and vesting on May 14, 2027.

Remarks:

	/s/ Todd M. Cleveland by Joel D. Duthie, attorney-in-fact	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Todd M. Cleveland report for PATK?

Todd M. Cleveland reported receiving an annual director’s stock grant of 1,594 shares of PATRICK INDUSTRIES INC Common Stock. This was recorded as a grant or award acquisition with a stated price of $0.00 per share on May 14, 2026.

How many PATK shares does Todd M. Cleveland hold after this Form 4?

After the reported transactions, Todd M. Cleveland directly holds 134,880 shares of PATRICK INDUSTRIES INC Common Stock and indirectly holds 51,356 shares through a limited liability corporation, according to the Form 4 ownership totals.

What is the nature of the 1,594-share PATK stock grant to Todd M. Cleveland?

The 1,594-share grant is described as an Annual Director's Stock Grant awarded on May 14, 2026. A footnote states it will vest on May 14, 2027, indicating it is a time-based equity award for board service.

Was Todd M. Cleveland’s PATK stock grant a market purchase?

No, the Form 4 classifies the 1,594-share transaction under code A, meaning a grant, award, or other acquisition. The price is listed as $0.00 per share, so it is a compensation-related award, not an open-market purchase.

How are Todd M. Cleveland’s indirect PATK holdings structured?

The filing shows 51,356 PATK Common Stock shares held indirectly, with the nature of ownership described as consisting of shares held in a limited liability corporation. This is reported as indirect ownership separate from his directly held shares.