Patrick Industries Announces Executive and Director Compensation Changes
Ticker: PATK · Form: 8-K · Filed: May 23, 2025 · CIK: 76605
| Field | Detail |
|---|---|
| Company | Patrick Industries Inc (PATK) |
| Form Type | 8-K |
| Filed Date | May 23, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, board-changes, governance
Related Tickers: PATK
TL;DR
PATK board/exec comp changes filed. Keep an eye on details.
AI Summary
On May 19, 2025, Patrick Industries, Inc. reported changes in its executive and director compensation arrangements. The filing details the election of new directors and the appointment of certain officers, along with updates to their compensatory arrangements. Specific dollar amounts and names related to these changes are not detailed in this summary section of the filing.
Why It Matters
This filing signals potential shifts in executive compensation and board composition, which can impact investor confidence and future company strategy.
Risk Assessment
Risk Level: low — The filing pertains to routine corporate governance and compensation adjustments, not a significant financial event.
Key Players & Entities
- PATRICK INDUSTRIES, INC. (company) — Registrant
- Indiana (jurisdiction) — State of incorporation
- May 19, 2025 (date) — Date of earliest event reported
FAQ
What specific changes were made to the compensatory arrangements for certain officers?
The filing indicates that compensatory arrangements for certain officers were updated, but the specific details and dollar amounts are not provided in this summary section.
Who were the newly elected directors?
The filing states that directors were elected, but their names are not listed in the provided summary information.
What is the effective date of these reported changes?
The date of the earliest event reported is May 19, 2025.
What is Patrick Industries, Inc.'s state of incorporation?
Patrick Industries, Inc. is incorporated in Indiana.
What is the primary business of Patrick Industries, Inc. according to the filing?
The filing lists Patrick Industries, Inc. under the Standard Industrial Classification for MOTOR VEHICLE PARTS & ACCESSORIES [3714].
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 23, 2025 regarding PATRICK INDUSTRIES INC (PATK).