Form 144 Patrick Industries For: 9 February
#Patrick Industries #Form 144 #SEC filing #Insider trading #Securities sale #Stock divestment #Corporate governance
📌 Key Takeaways
- Patrick Industries filed Form 144 with the SEC on February 9, 2024, regarding a proposed sale of stock.
- Form 144 is a mandatory disclosure for insiders or affiliates planning to sell a significant amount of company shares.
- The filing is part of standard regulatory compliance to ensure market transparency and prevent insider trading concerns.
- Patrick Industries is a major player in the RV, marine, and manufactured housing component markets.
📖 Full Retelling
Patrick Industries, Inc., a leading manufacturer and distributor of component and building products, filed Form 144 with the U.S. Securities and Exchange Commission (SEC) on February 9, 2024, to disclose the intended sale of company securities by a high-ranking executive. This regulatory filing typically signals the potential disposition of shares by an 'insider' or affiliate of the company, a common practice used to provide public notice when restricted securities are being liquidated in the open market. The filing originated from the company's headquarters in Elkhart, Indiana, as part of standard compliance requirements under the Securities Act of 1933.
Form 144 is a critical document for investors and market analysts because it provides transparency regarding the divestment activities of corporate insiders, such as directors or officers. While such sales do not inherently indicate a lack of confidence in the company’s future performance, they are closely monitored to gauge the sentiment of those with the most intimate knowledge of the firm’s operations. For Patrick Industries, which primarily serves the recreational vehicle (RV), manufactured housing, and marine markets, these transactions are routine parts of executive compensation management and liquidity planning.
The disclosure comes at a time when Patrick Industries continues to navigate the fluctuating demand within the leisure and housing sectors. By filing this notice, the involved party satisfies the SEC's Rule 144 requirements, which govern the resale of restricted and control securities. This ensures that the market remains informed of significant shifts in ownership and prevents potential issues related to information asymmetry between insiders and the general investing public.
🏷️ Themes
Corporate Finance, Regulatory Compliance, Stock Market
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) Form 144 Patrick Industries For: 9 February Filings Published 02/09/2026, 09:45 PM Form 144 Patrick Industries For: 9 February 0 PATK 2.25% Form 144 Patrick Industries For: 9 February 0 Latest comments Post Comment Guidelines Trade With A Regulated Broker Indices Commodities Bonds Stocks US 30 50,164.40 +43.0 +0.09% US 500 6,943.30 +1.9 +0.03% Dow Jones 50,121.40 -66.74 -0.13% S&P 500 6,941.45 -0.36 -0.01% Nasdaq 23,066.47 -36.01 -0.16% S&P 500 VIX 17.65 -0.14 -0.79% Dollar Index 96.77 -0.040 -0.04% Crude Oil WTI Futures 64.96 +0.33 +0.51% Brent Oil Futures 69.71 +0.05 +0.07% Natural Gas Futures 3.226 -0.007 -0.22% Gold Futures 5,077.66 -20.84 -0.41% Silver Futures 82.048 -1.873 -2.23% Copper Futures 5.963 -0.0268 -0.45% US Soybeans Futures 1,139.00 +15.50 +1.38% U.S. 10Y 4.177 +0.005 +0.12% U.S. 30Y 4.818 +0.004 +0.08% U.S. 5Y 3.745 +0.004 +0.11% U.S. 3M 3.704 +0.010 +0.27% US 10Y T-Note Futures 112.27 -0.02 -0.01% Euro Bund Futures 128.64 -0.03 -0.02% 10-2 Yield Spread 31.32 +4.15 +15.27% AAPL 275.50 +1.82 +0.67% NVDA 189.99 +1.45 +0.77% GOOGL 310.96 -7.62 -2.39% TSLA 428.27 +3.40 +0.80% AMZN 204.01 -2.95 -1.43% NFLX 79.61 -2.60 -3.16% META 668.69 -2.03 -0.30% Investing Challenges Join our investing challenges and compete for rewards while you learn!