Patrick Industries director reports small share purchase

PATRICK INDUSTRIES INC director M. Scott Welch reported a small open‑market purchase of Common Stock through entities he controls.

Rhea-AI Filing Summary

PATRICK INDUSTRIES INC director M. Scott Welch reported a small open‑market purchase of Common Stock through entities he controls. The filing shows an indirect purchase of 100 shares at $83.85 per share, with 3,392 shares held indirectly after this transaction for that entity.

Separate holding entries show 33,366 shares held directly and 156,000 shares held indirectly by his spouse. A footnote explains that some of the purchased shares were acquired through controlled entities in which he has a pecuniary interest, and that he disclaims beneficial ownership of other shares purchased by those entities.

Insider Trade Summary

Net Buyer: 100 shares

Net Buy 3 txns

Insider WELCH M SCOTT

Role Director

Bought 100 shs ($8K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	100	$83.85	$8K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,392 shares (Indirect, See footnote); Common Stock — 156,000 shares (Indirect, By Spouse); Common Stock — 33,366 shares (Direct)

Footnotes (1)

1. F1. Reflects portion of the shares purchased through entities that are controlled by the reporting person in which the reporting person has a pecuniary interest. The reporting person disclaims beneficial ownership of other shares purchased by the entities.

Key Figures

Shares purchased: 100 shares Purchase price: $83.85/share Indirect shares after purchase (entity): 3,392 shares +3 more

6 metrics

Shares purchased 100 shares Indirect open-market purchase on 2026-06-10

Purchase price $83.85/share Price per share for 100-share indirect purchase

Indirect shares after purchase (entity) 3,392 shares Total held indirectly in the entity after the 100-share buy

Direct holdings 33,366 shares Common Stock held directly by Welch as of 2026-06-10

Spouse indirect holdings 156,000 shares Common Stock held indirectly by spouse as of 2026-06-10

Net buy shares 100 shares Net buying across all reported transactions in this Form 4

Key Terms

open-market purchase, pecuniary interest, indirect ownership, beneficial ownership

4 terms

open-market purchase financial

"transaction_action: open-market purchase of Common Stock"

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.

pecuniary interest financial

"entities that are controlled by the reporting person in which the reporting person has a pecuniary interest"

indirect ownership financial

"Common Stock reported with ownership type marked as indirect"

beneficial ownership financial

"The reporting person disclaims beneficial ownership of other shares purchased by the entities"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

M. Scott Welch reported an indirect open-market purchase of 100 shares of Patrick Industries Common Stock. The transaction was executed at $83.85 per share through entities he controls, and is disclosed as a routine Form 4 insider buying activity.

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

The filing shows an indirect purchase of 100 Patrick Industries Common Stock shares at $83.85 per share. This price reflects the consideration paid in the open-market or private transaction as described in the Form 4 transaction details.

How many PATK shares does M. Scott Welch hold after this Form 4 transaction?

After these reported positions, Welch holds 33,366 shares directly, 156,000 shares indirectly through his spouse, and 3,392 shares indirectly through an entity. The 3,392 indirect shares reflect the account that purchased 100 shares in this filing.

Is the PATK share purchase by M. Scott Welch direct or indirect ownership?

The 100-share purchase is reported as indirect ownership with the note “See footnote.” The footnote explains the shares were bought through entities controlled by Welch, where he has a pecuniary interest, and he disclaims beneficial ownership of other shares purchased by those entities.

What does the Form 4 footnote say about M. Scott Welch’s beneficial ownership?

The footnote states that some shares were purchased through entities controlled by Welch in which he has a pecuniary interest. It also notes that he disclaims beneficial ownership of other shares purchased by those entities, clarifying limits on his reported economic interest.

Does the PATK Form 4 show net buying or selling by M. Scott Welch?

The transaction summary shows a net buy of 100 shares for this Form 4. There is one open-market purchase transaction and no reported sales, exercises, gifts, or tax-withholding dispositions in the provided data.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/11/2026 - 09:43 PM EDT Learn about SEC filing dates

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^*

WELCH M SCOTT

(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)
06/10/2026

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	06/10/2026		P		100	A	$83.85	3,392	I	See footnote(1)
Common Stock								156,000	I	By Spouse
Common Stock								33,366	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 portion of the shares purchased through entities that are controlled by the reporting person in which the reporting person has a pecuniary interest. The reporting person disclaims beneficial ownership of other shares purchased by the entities.

Remarks:

	/s/ M. Scott Welch by Joel D. Duthie, attorney-in-fact	06/11/2026
	** 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)