Form 4: Patterson Companies Director Disposes of Shares in Merger Transaction

Director John D. Buck reports the disposition of Patterson Companies (PDCO) shares following the completion of a merger, where each share was converted to $31.35 in cash.

Summary

• On April 17, 2025, John D. Buck, a director of Patterson Companies, Inc. (PDCO), reported the disposition of 92,869 shares of common stock.
• This disposition occurred due to the completion of a merger between Patterson and Paradigm Merger Sub, Inc.
• As a result of the merger, each outstanding share of Patterson common stock was converted into the right to receive $31.35 in cash.
• The disposition also included 7,820 restricted stock units awarded to Non-Employee Directors as an annual grant in 2024 pursuant to the Patterson Companies, Inc. Amended and Restated 2015 Omnibus Incentive Plan.

Sentiment

Score: 7

Explanation: The document reports a completed merger transaction, which is generally a positive event for shareholders as they receive cash for their shares. The sentiment is neutral to slightly positive.

Industry Context

This announcement reflects a completed merger transaction, which is a common occurrence in the corporate world. The conversion of shares to cash is a typical outcome of such mergers, providing shareholders with a defined value for their holdings.

Stakeholder Impact

• Shareholders received $31.35 in cash for each share of Patterson Companies stock they held.

Key Dates

Keywords

Merger, Patterson Companies, PDCO, Share Disposition, Director, John D. Buck, Paradigm Merger Sub, SEC Form 4