Director at Patrick Industries ($PATK) Gifts 615 Shares
PATRICK INDUSTRIES INC
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Filing Summary
Director at Patrick Industries ($PATK) Gifts 615 Shares
Company: PATRICK INDUSTRIES INC (PATK) Form: 4 | Filed: 2025-11-13 Significance: Low
Insider: Forbes John A Title: null | Relationship: Director
Transaction: • Type: Gift • Shares: 615 • Price: $0.00 • Value: $0 • Owned After: 51,976
Key Insight: A director gifted a small number of shares. This is a non-market transaction with negligible financial impact and does not typically signal a change in insider sentiment.
Market Context: The 615 shares represent less than 0.002% of total shares outstanding for the $3.48B company.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: PATRICK INDUSTRIES INC (PATK)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A director made a small, non-cash gift of common stock, which is a routine disclosure with no market significance.
- Market Impact: Neutral. This transaction is not expected to have any impact on the stock price or trading volume.
Company Information
| Field | Value |
|---|---|
| Company | PATRICK INDUSTRIES INC |
| Ticker Symbol | PATK |
| CIK | 0000076605 |
| Industry | Motor Vehicle Parts & Accessories |
Insider Information
| Field | Value |
|---|---|
| Name | Forbes John A |
| CIK | 0001528477 |
| Title/Position | null |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-12 |
| Transaction Code | G (Gift) |
| Security Type | Common Stock |
| Shares Involved | 615 |
| Price Per Share | $0.00 |
| Total Value | $0 |
| Shares Owned After | 51,976 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0 |
| % of Market Cap | 0.0% |
| Shares Transacted | 615 |
| % of Shares Outstanding | 0.0018% |
| Post-Transaction Ownership | 51,976 shares (0.156% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction value is $0, and the number of shares is negligible for a company with a market capitalization of $3.48 billion.
- Ownership Concentration: The director's post-transaction ownership of 0.156% is not a controlling stake and this gift does not materially change that position.
- Transaction Significance: As a gift, this transaction does not reflect a market-based decision by the insider. The size is well below any threshold for significance.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: Gifts are personal transactions, not open-market sales or purchases. They do not provide a signal about the insider's view on the company's valuation or future prospects.
Volume & Sentiment
- Expected Volume Impact: None. The transaction occurred off-market.
- Sentiment Indicator: Neutral. This type of filing is a routine disclosure and does not influence market sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.