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Patrick Industries (NASDAQ: PATK) director awarded annual stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kitson Michael A reported acquisition or exercise transactions in this Form 4 filing.

Patrick Industries director Michael A. Kitson received a stock grant of 1,594 shares of common stock on May 14, 2026 as his annual director's stock grant, with no cash purchase price. These shares vest on May 14, 2027 and increase his direct holdings to 13,444 shares. This is a compensation-related award rather than an open-market share purchase.

Positive

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Negative

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Insider Kitson Michael A
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,594 $0.00 --
Holdings After Transaction: Common Stock — 13,444 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Stock grant size 1,594 shares Annual Director's Stock Grant awarded May 14, 2026
Grant price per share $0.00 per share Compensation award, not open-market purchase
Shares after grant 13,444 shares Total direct holdings following transaction
Vesting date May 14, 2027 Director stock grant vesting date per footnote
Annual Director's Stock Grant financial
"Annual Director's Stock Grant awarded on May 14, 2026 and vesting..."
vesting financial
"awarded on May 14, 2026 and vesting on May 14, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kitson Michael A

(Last)(First)(Middle)
107 W. FRANKLIN STREET

(Street)
ELKHART INDIANA 46516

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PATRICK INDUSTRIES INC [ PATK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/14/2026A1,594(1)A$0(1)13,444D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Annual Director's Stock Grant awarded on May 14, 2026 and vesting on May 14, 2027.
Remarks:
/s/ Michael A. Kitson by Joel D. Duthie, attorney-in-fact05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Patrick Industries (PATK) director Michael A. Kitson report on this Form 4?

Director Michael A. Kitson reported receiving 1,594 shares of Patrick Industries common stock as an annual director stock grant. The award was made on May 14, 2026, increasing his direct ownership to 13,444 shares following the transaction.

Was the PATK insider transaction a purchase or a stock grant?

The PATK insider transaction was a stock grant, not an open-market purchase. Michael A. Kitson received 1,594 shares at a stated price of $0.00 per share as part of his annual director compensation, according to the Form 4 disclosure.

When do Michael A. Kitson’s new Patrick Industries shares vest?

The 1,594-share annual director stock grant awarded to Michael A. Kitson on May 14, 2026 vests on May 14, 2027. Vesting means he gains full ownership rights to the shares at that future date, subject to plan terms.

How many Patrick Industries shares does Michael A. Kitson hold after this grant?

After receiving the 1,594-share stock grant, Michael A. Kitson holds 13,444 Patrick Industries common shares directly. This total includes the newly awarded shares as reported in the Form 4’s post-transaction ownership column.

Does the Patrick Industries Form 4 indicate any stock sales by Michael A. Kitson?

The Form 4 indicates no stock sales by Michael A. Kitson. It reports only an acquisition coded as an award (Code A), reflecting the 1,594-share annual director stock grant and no corresponding dispositions of Patrick Industries shares.