Andy L. Nemeth - Dec 14, 2023 Form 4 Insider Report for PATRICK INDUSTRIES INC (PATK)

Signature
/s/ Andy L. Nemeth by Joel D. Duthie, attorney-in-fact
Stock symbol
PATK
Transactions as of
Dec 14, 2023
Transactions value $
-$1,820,000
Form type
4
Date filed
12/14/2023, 09:24 PM
Previous filing
Dec 8, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATK Common Stock Sale -$900K -10K -3.31% $90.00 292K Dec 14, 2023 Direct F1
transaction PATK Common Stock Sale -$920K -10K -3.42% $92.00 282K Dec 14, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on June 15, 2023.