Form 4: Patrick Industries Director Gifts 2,000 Shares
Insider Transaction Report
Patrick Industries Director Joseph M. Cerulli reported gifting 2,000 shares of common stock.
Summary
- Joseph M. Cerulli, a Director of Patrick Industries Inc. (PATK), gifted 2,000 shares of common stock.
- The transaction occurred on December 4, 2025, with a reported price of $0 per share, indicating a gift.
- Following this transaction, Cerulli beneficially owns 73,128 shares of Patrick Industries common stock.
- The filing was made pursuant to Section 16(a) of the Securities Exchange Act of 1934.
Sentiment
Score: 5
Explanation: The transaction is a gift of shares by a director, which is a neutral event for the company's operational or financial performance. It represents a change in beneficial ownership but does not reflect on company health or future prospects.
Stakeholder Impact
- Minor reduction in direct insider ownership by a director.
- No direct impact on company operations, financial health, or other stakeholders like employees, customers, or suppliers.
Key Dates
| Date | Description |
|---|---|
| 12/04/2025 | Date of earliest transaction (gift of common stock) |
| 12/05/2025 | Date Form 4 was signed and filed |
Keywords
Patrick Industries, PATK, Joseph M. Cerulli, Insider Transaction, Form 4, Stock Gift, Director, Common Stock
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