Director Welch entity adds Patrick Industries (PATK) shares in open-market buy

Rhea-AI Filing Summary

Patrick Industries director-linked entity reports small share purchase. An entity controlled by director M. Scott Welch bought 60 shares of Patrick Industries common stock in an open-market transaction at $122.75 per share. Following this transaction, Welch is reported as having an indirect pecuniary interest in 3,092 shares held through that entity, 136,000 shares held by his spouse, and 31,772 shares held directly. The filing notes that the reported amounts reflect only his pecuniary interest in the controlled entity’s holdings.

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

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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^*

WELCH M SCOTT

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		P		60	A	$122.75	3,092	I	See footnote(1)
Common Stock								136,000	I	By Spouse
Common Stock								31,772	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. Reflects purchases of shares of the issuer through an entity that is controlled by the reporting person in which the report person has a pecuniary interest. The reporting person disclaims beneficial ownership of other shares purchased by the entity. The amount of securities benefically owned following the reported transaction represent the reporting person's pecuniary interest percentage.

Remarks:

	/s/ M. Scott Welch by Joel D. Duthie, attorney-in-fact	02/27/2026
	** 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.

FAQ

What insider transaction did PATK director M. Scott Welch report?

An entity controlled by director M. Scott Welch bought 60 Patrick Industries (PATK) common shares. The open-market purchase was reported at $122.75 per share, reflecting only Welch’s pecuniary interest in the entity’s holdings, according to the disclosure footnote.

At what price were the Patrick Industries (PATK) shares purchased?

The controlled entity’s purchase was reported at $122.75 per share. This price applies to the 60 Patrick Industries common shares acquired in the open-market transaction disclosed in the Form 4 filing by director M. Scott Welch.

How many Patrick Industries (PATK) shares are tied to Welch’s controlled entity after the trade?

After the transaction, Welch’s pecuniary interest tied to the controlled entity covers 3,092 shares of Patrick Industries common stock. The filing clarifies these amounts represent only his pecuniary interest and not all shares purchased by the entity.

What additional Patrick Industries (PATK) holdings are reported for M. Scott Welch?

The Form 4 reports 136,000 shares of Patrick Industries held indirectly by Welch’s spouse and 31,772 shares held directly. These positions are listed as post-transaction holdings as of the reported date in the filing.

Was the Patrick Industries (PATK) insider transaction a buy or sell?

The reported insider activity was a buy. An entity controlled by director M. Scott Welch made an open-market purchase of 60 Patrick Industries shares, with no reported sales in this Form 4 filing.

How large is the recent Patrick Industries (PATK) insider purchase by Welch’s entity?

The insider purchase involved 60 shares of Patrick Industries common stock. While relatively small in size, the transaction adds to Welch’s reported indirect and direct holdings as disclosed in the Form 4.