Form 4: Patrick Industries Officer Reports Stock Transactions
SEC Form 4 Filing
Richard N. Reyenger, President Marine at Patrick Industries, reports acquisition and disposal of common stock on March 18, 2025.
Summary
- Richard N. Reyenger, President Marine at Patrick Industries, filed a Form 4.
- On March 18, 2025, Reyenger acquired 1,250 shares of common stock.
- On the same day, Reyenger disposed of 305 shares of common stock at a price of $83.4.
- These transactions resulted in Reyenger owning 19,670 shares of common stock following the reported transactions.
- The disposal of shares was to satisfy tax withholding obligations associated with a time-based stock grant awarded in March 2025 that became fully vested on the grant date.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a significant trend or event for Patrick Industries or the broader recreational vehicle and housing market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small portion of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of stock acquisition and disposal. |
| 03/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Stock Transaction, Beneficial Ownership, Patrick Industries, PATK, Reyenger, Insider Trading
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