Patrick Industries Inc. DEF 14A: Executive Compensation Details
Ticker: PATK · Form: DEF 14A · Filed: 2025-04-01T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, DEF14A, equity-awards
Related Tickers: PATK
TL;DR
PATK DEF 14A out: Executive pay details for 2024, including equity awards and valuations.
AI Summary
Patrick Industries Inc. filed its DEF 14A on April 1, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation, including equity awards granted to its Principal Executive Officer (PEO) and Non-PEO Named Executive Officers (NEOs). Specific figures for equity awards granted, year-end values, and changes in fair value are reported for the fiscal year 2024.
Why It Matters
This filing provides transparency into how Patrick Industries Inc. compensates its top executives, which can influence investor decisions and perceptions of corporate governance.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing detailing executive compensation and does not present new material risks.
Key Numbers
- 2024 — Fiscal Year (Reporting period for executive compensation details.)
- 2023 — Previous Fiscal Year (Comparative data for executive compensation.)
Key Players & Entities
- PATRICK INDUSTRIES INC (company) — Filer
- 0000076605 (company) — Central Index Key
- 3714 (industry_code) — Standard Industrial Classification
- IN (state) — State of Incorporation
- 1231 (date) — Fiscal Year End
- 20250401 (date) — Filing Date
- 20250515 (date) — Period of Report
- 2024-12-31 (date) — Fiscal Year End
- 2023-12-31 (date) — Previous Fiscal Year End
- PEO (executive_role) — Principal Executive Officer
FAQ
What is the total value of equity awards granted to the Principal Executive Officer (PEO) in fiscal year 2024?
The filing indicates that equity awards were granted to the PEO in fiscal year 2024, with specific values detailed in the compensation tables.
What is the year-end fair value of equity awards granted to Non-PEO Named Executive Officers (NEOs) in fiscal year 2024?
The filing provides the year-end fair value for equity awards granted to Non-PEO NEOs for the fiscal year 2024.
What was the change in fair value as of the vesting date of prior year equity awards vested in fiscal year 2024 for the PEO?
The filing includes information on the change in fair value for prior year equity awards vested in fiscal year 2024 for the PEO.
What is the filing date of this DEF 14A?
The filing date is 20250401.
What is the fiscal year end for Patrick Industries Inc. as reported in this filing?
The fiscal year end is December 31 (1231).
From the Filing
0000076605-25-000113.txt : 20250401 0000076605-25-000113.hdr.sgml : 20250401 20250401083000 ACCESSION NUMBER: 0000076605-25-000113 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 60 CONFORMED PERIOD OF REPORT: 20250515 FILED AS OF DATE: 20250401 DATE AS OF CHANGE: 20250401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PATRICK INDUSTRIES INC CENTRAL INDEX KEY: 0000076605 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing EIN: 351057796 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-03922 FILM NUMBER: 25796791 BUSINESS ADDRESS: STREET 1: 107 WEST FRANKLIN STREET CITY: ELKHART STATE: IN ZIP: 46516 BUSINESS PHONE: 574-294-7511 MAIL ADDRESS: STREET 1: 107 WEST FRANKLIN STREET PO BOX 638 CITY: ELKHART STATE: IN ZIP: 46515 DEF 14A 1 patk-20250331.htm DEF 14A patk-20250331 DEF 14A false 0000076605 iso4217:USD 0000076605 2024-01-01 2024-12-31 0000076605 2023-01-01 2023-12-31 0000076605 2022-01-01 2022-12-31 0000076605 2021-01-01 2021-12-31 0000076605 2020-01-01 2020-12-31 0000076605 1 2024-01-01 2024-12-31 0000076605 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000076605 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000076605 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2024-01-01 2024-12-31 0000076605 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000076605 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-01-01 2024-12-31 0000076605 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000076605 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000076605 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000076605 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000076605 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000076605 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000076605 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000076605 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000076605 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000076605 ecd:EqtyAwrdsAdjsMember ecd:PeoMember 2024-01-01 2024-12-31 0000076605 ecd:EqtyAwrdsAdjsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000076605 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember 2024-01-01 2024-12-31 0000076605 ecd:AggtPnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) ____________________ Filed by the Registrant  x Filed by a Party other than the Registrant  o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material under §240.14a-12 PATRICK INDUS TRIES, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): x No fee required o Fee paid previously with preliminary materials o Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Table of Contents Proxy Proxy Statement S