Form 4: Patrick Industries Director Gifts Common Stock
Insider Transaction Report
Patrick Industries Director John A. Forbes reported gifting 615 shares of common stock, reducing his direct beneficial ownership to 51,976 shares.
Summary
- John A. Forbes, a Director of Patrick Industries Inc. (PATK), reported a change in beneficial ownership.
- On November 12, 2025, Forbes gifted 615 shares of common stock.
- The transaction was executed with a price of $0 per share, consistent with a gift.
- Following this transaction, Forbes directly beneficially owns 51,976 shares of Patrick Industries common stock.
Sentiment
Score: 5
Explanation: A director's gift of a relatively small number of shares is a routine insider transaction and generally has a neutral impact on sentiment, as it's not a sale for cash.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 11/12/2025 | Date of transaction (gift of common stock) |
| 11/13/2025 | Date Form 4 was signed by attorney-in-fact |
Recommendation
holdThe filing reports a routine insider transaction where a director gifted a small number of shares. This event is not significant enough to alter the fundamental investment thesis for Patrick Industries Inc. and does not provide new information warranting a change from a 'hold' recommendation.
Keywords
Patrick Industries, PATK, Form 4, Insider Transaction, Stock Gift, Director, Beneficial Ownership
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