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 August 13, 2024.
Summary
- On August 13, 2024, Andy Nemeth, the CEO of Patrick Industries, 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 275,119 shares of Patrick Industries common stock.
- No compensation was received for the gifted shares.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock gift transaction, with no inherent positive or negative implications.
Industry Context
This is a routine disclosure of insider transactions. It's common for executives to gift shares for personal or philanthropic reasons.
Stakeholder Impact
- The stock gift has a minimal impact on shareholders as it does not represent a sale or purchase of shares on the open market.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of the stock gift transaction. |
| 08/13/2024 | Date of the Form 4 filing. |
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