Patrick Industries (PATK) president makes 500-share stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patrick Industries President Jeffrey M. Rodino reported a charitable-style move involving company stock. On May 28, 2026, he made a bona fide gift of 500 shares of Patrick Industries common stock, with no sale proceeds received.
After this gift, Rodino directly holds 194,404 shares of common stock. The transaction is classified as a disposition by gift rather than an open-market trade, so it does not represent a buy or sell decision in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
500 shares gifted
Mixed
1 txn
Insider
Rodino Jeffrey M
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 194,404 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 500 shares
Price per share: $0.00 per share
Shares held after transaction: 194,404 shares
+1 more
4 metrics
Shares gifted
500 shares
Bona fide gift of common stock on May 28, 2026
Price per share
$0.00 per share
Reported for the 500-share gift transaction
Shares held after transaction
194,404 shares
Direct holdings of common stock following the gift
Gift transactions in filing
1 gift, 500 shares
Form 4 transaction summary for gifts
Key Terms
bona fide gift, Common Stock, non-derivative
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did PATK President Jeffrey Rodino report?
Jeffrey M. Rodino reported a bona fide gift of 500 shares of Patrick Industries common stock. The transaction is a non-market transfer, meaning no sale occurred and no proceeds were received from the shares.
What are Jeffrey Rodino’s PATK holdings after the reported gift?
Following the 500-share gift, Jeffrey Rodino directly holds 194,404 shares of Patrick Industries common stock. This indicates the gift represents a small portion of his overall reported direct holdings in PATK after the transaction.
Was the PATK insider transaction a sale or a gift?
The PATK insider transaction was a bona fide gift, not a sale. The Form 4 lists transaction code “G” and a price of $0.00 per share, confirming it was a gift transfer rather than an open-market sale or purchase.
Does the PATK Form 4 show any option exercises or derivatives for Jeffrey Rodino?
The Form 4 for Patrick Industries President Jeffrey Rodino shows only a non-derivative gift of common stock. The derivative summary is empty, indicating no option exercises, conversions, or other derivative transactions were reported in this filing.