David K. Wright - 12 Sep 2025 Form 4 Insider Report for Pattern Group Inc. (PTRN)

Reporting relationship: Chief Executive Officer, Director, 10%+ Owner
Issuer ticker: PTRN
Reported as of: 12 Sep 2025
Net transaction value: -$1,534,764
SEC form: 4
Accepted by SEC: 22 Sep 2025, 21:47:56 UTC
Next SEC filing: 18 Sep 2025
Source filing: View source filing
Reporting owner signature: DAVID K. WRIGHT By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright

Key filing fact

David K. Wright filed Form 4 for Pattern Group Inc. (PTRN) on 22 Sep 2025.

Key facts

This page summarizes David K. Wright's Form 4 filing for Pattern Group Inc. (PTRN).
6 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 22 Sep 2025, 21:47.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$1,534,764.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (4)

CIK 0002086238 Primary reporting owner

Wright David K.

Relationship: Chief Executive Officer, Director, 10%+ Owner
Address: C/O PATTERN GROUP INC., 1441 WEST INNOVATION WAY, SUITE 500, LEHI
Signature: DAVID K. WRIGHT By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright
Signature date: 22 Sep 2025

CIK 0002085981

Alder Melanie

Relationship: Chief Strategy Officer, Director, 10%+ Owner
Address: C/O PATTERN GROUP INC., 1441 WEST INNOVATION WAY, SUITE 500, LEHI
Signature: MELANIE ALDER By: /s/ Allison Fletcher, Attorney-in-Fact for Melanie Alder
Signature date: 22 Sep 2025

CIK 0002086236

Wright Irrevocable Trust

Relationship: 10%+ Owner
Address: C/O PATTERN GROUP INC., 1441 WEST INNOVATION WAY, SUITE 500, LEHI
Signature: WRIGHT IRREVOCABLE TRUST By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright, Trustee By: /s/ Allison Fletcher, Attorney-in-Fact for Melanie Alder, Trustee
Signature date: 22 Sep 2025

CIK 0002085975

Alder Irrevocable Trust

Relationship: 10%+ Owner
Address: C/O PATTERN GROUP INC., 1441 WEST INNOVATION WAY, SUITE 500, LEHI
Signature: ALDER IRREVOCABLE TRUST By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright, Trustee By: /s/ Allison Fletcher, Attorney-in-Fact for Melanie Alder, Trustee
Signature date: 22 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PTRN transaction

Common Stock

Tax liability

Transaction value: $1,151,066
Shares: -82,219
Change %: -22%
Price: $14.00
Shares after: 292,781
Date: 18 Sep 2025
Ownership: Direct
Footnotes: F1, F2

PTRN transaction

Common Stock

Tax liability

Transaction value: $383,698
Shares: -27,407
Change %: -22%
Price: $14.00
Shares after: 97,593
Date: 18 Sep 2025
Ownership: By spouse
Footnotes: F1, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PTRN transaction Derivative

Founder Non-Voting Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -10,117,775
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 12 Sep 2025
Ownership: Direct
Underlying class: Common Stock or Founder Voting Preferred Stock
Underlying amount: 10,117,775
Exercise price
Footnotes: F5, F6, F7, F8, F9, F10

PTRN transaction Derivative

Founder Voting Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: +10,117,775
Change %: +1792%
Price: $0.000000
Shares after: 10,682,278
Date: 12 Sep 2025
Ownership: Direct
Underlying class: Common Stock or Founder Non-Voting Preferred Stock
Underlying amount: 10,117,775
Exercise price
Footnotes: F6, F7, F9, F10, F11, F12

PTRN transaction Derivative

Founder Non-Voting Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -6,739,201
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 12 Sep 2025
Ownership: By spouse
Underlying class: Common Stock or Founder Voting Preferred Stock
Underlying amount: 6,739,201
Exercise price
Footnotes: F4, F5, F6, F7, F8, F9, F10

PTRN transaction Derivative

Founder Voting Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: +6,739,201
Change %: +1791%
Price: $0.000000
Shares after: 7,115,543
Date: 12 Sep 2025
Ownership: By spouse
Underlying class: Common Stock or Founder Non-Voting Preferred Stock
Underlying amount: 6,739,201
Exercise price
Footnotes: F4, F6, F7, F9, F10, F11, F12

PTRN holding Derivative

Founder Non-Voting Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 41,817,539
Date: 12 Sep 2025
Ownership: By Wright Irrevocable Trust
Underlying class: Common Stock or Founder Voting Preferred Stock
Underlying amount: 41,817,539
Exercise price
Footnotes: F5, F6, F7, F8, F13

PTRN holding Derivative

Founder Non-Voting Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 27,176,014
Date: 12 Sep 2025
Ownership: By Alder Irrevocable Trust
Underlying class: Common Stock or Founder Voting Preferred Stock
Underlying amount: 27,176,014
Exercise price
Footnotes: F5, F6, F7, F8, F14

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 14 footnotes

Footnote F1

Immediately prior to the completion of the Issuer's initial public offering of Series A Common Stock (the "Offering"), each share of Common Stock shall be reclassified into one share of Series A Common Stock.

Footnote F2

Represents shares of Common Stock withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of restricted stock units previously granted to David K. Wright.

Footnote F3

Represents shares of Common Stock withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of restricted stock units previously granted to Melanie Alder.

Footnote F4

David K. Wright's spouse, Melanie Alder, is a director and the Chief Strategy Officer of the Issuer.

Footnote F5

Immediately prior to the completion of the Offering, each share of Founder Non-Voting Preferred Stock shall be reclassified into a number of shares of Series A Common Stock, after giving effect to the Founder Preferred Stock Adjustments (as defined below).

Footnote F6

Pursuant to the Issuer's amended and restated certificate of incorporation as in effect as of the transaction date (the "Pre-IPO Charter"), each share of Founder Non-Voting Preferred Stock is convertible into, subject to the Founder Preferred Stock Adjustments, (i) one share of Common Stock or (ii) in contemplation of an Offering, one share of Founder Voting Preferred Stock, at any time at the option of the holder.

Footnote F7

Immediately prior to the completion of the Offering, pursuant to the terms of the Pre-IPO Charter, all outstanding shares of Series B Preferred Stock shall automatically convert into a number of shares of Common Stock, after giving effect to certain anti-dilution adjustments dependent on the Offering price. Each share of Series B Preferred Stock shall convert into a number of shares of Series A Common Stock determined by dividing the original issue price of such share by the lesser of (a) the original issue price of such share (subject to certain anti-dilution adjustments) and (b) 50% of the Offering price per share in the Offering (the "Series B Preferred Special Conversion Ratio").

Footnote F8

(Continued) If application of the Series B Preferred Special Conversion Ratio would dilute the Founder Voting Preferred Stock and the Founder Non-Voting Preferred Stock (collectively, the "Founder Preferred Stock") by more than 3.33%, the Pre-IPO Charter provides for an increase in the number of shares of Common Stock issuable upon conversion of the Founder Preferred Stock (including the Series A Common Stock and Series B Common Stock issuable in the reclassification of the Founder Preferred Stock) such that the dilution to the Founder Preferred Stock will be capped at 3.33%; however, no adjustment will be made for any incremental dilution that exceeds 9.00% (the "Founder Preferred Stock Adjustments"). The shares of Founder Preferred Stock have no expiration date.

Footnote F9

This transaction occurred prior to the Offering and is being reported on Form 4 solely for purposes of compliance with Rule 16a-2(a) under the Securities Exchange Act of 1934, as amended. The securities covered by such transaction were previously included on the Reporting Person's Form 3.

Footnote F10

Each share of Founder Non-Voting Preferred Stock converted into one share of Founder Voting Preferred Stock at the option of the holder.

Footnote F11

Immediately prior to the completion of the Offering, each share of Founder Voting Preferred Stock shall be reclassified into a number of shares of Series B Common Stock, after giving effect to the Founder Preferred Stock Adjustments.

Footnote F12

Pursuant to the Pre-IPO Charter, each share of Founder Voting Preferred Stock is convertible into, subject to the Founder Preferred Stock Adjustments, (i) one share of Common Stock or (ii) one share of Founder Non-Voting Preferred Stock, at any time at the option of the holder.

Footnote F13

These shares are owned directly by the Wright Irrevocable Trust dated December 5, 2019, of which David K. Wright and his spouse, Melanie Alder, are trustees. Each of David K. Wright and Melanie Alder disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein, and the filing of this Form 4 is not an admission that any person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Footnote F14

These shares are owned directly by the Alder Irrevocable Trust dated December 5, 2019, of which David K. Wright and his spouse, Melanie Alder, are trustees. Each of David K. Wright and Melanie Alder disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein, and the filing of this Form 4 is not an admission that any person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.