Highlighted on December 29, it was unveiled in an SEC filing that Rodino, President at Patrick Industries (NASDAQ:PATK), executed a significant transaction involving the exercise of company stock options.
What Happened: The latest Form 4 filing on Friday with the U.S. Securities and Exchange Commission uncovered Rodino, President at Patrick Industries, exercising stock options for 30,825 shares of PATK. The total transaction was valued at $1,463,262.
Patrick Industries shares are currently trading down by 0.0%, with a current price of $101.3 as of Friday morning. This brings the total value of Rodino's 30,825 shares to $1,463,262.
Discovering Patrick Industries: A Closer Look
Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured-housing industries. One of the firm's RV customers makes up a significant portion of revenue. Nearly all of Patrick Industries' revenue comes from North America.
Patrick Industries: Delving into Financials
Negative Revenue Trend: ...