Form 4: Patrick Industries Executive Kip B. Ellis Gifts 769 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Kip B. Ellis, President of Powersports/Housing at Patrick Industries, gifted 769 shares of common stock on November 12, 2024.

Summary

  • Kip B. Ellis, a President at Patrick Industries, gifted 769 shares of the company's common stock.
  • The transaction occurred on November 12, 2024.
  • Following the transaction, Mr. Ellis directly owns 100,547 shares of Patrick Industries common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock gift, with no positive or negative implications for the company's performance.

Industry Context

This is a routine Form 4 filing related to an insider transaction and does not indicate any broader industry trends.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a gift of shares by an executive.

Key Dates

DateDescription
11/12/2024Date of the stock gift transaction.

Keywords

Patrick Industries, Kip B. Ellis, stock gift, insider transaction, common stock, Form 4, share ownership

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