Form 4: Patrick Industries CEO Andy Nemeth Gifts 2,000 Shares of Common Stock
SEC Filing
CEO of Patrick Industries, Andy Nemeth, reports gifting 2,000 shares of common stock on September 13, 2024.
Summary
- On September 13, 2024, Andy Nemeth, the CEO of Patrick Industries Inc., gifted 2,000 shares of common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Nemeth directly owns 273,119 shares of Patrick Industries Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock gifting transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The gifting of shares by the CEO could be perceived neutrally by shareholders, as it doesn't directly impact the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of the stock gifting transaction. |
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