Patrick Industries COO Sells Over $1.5M in Shares

Hugo Gonzalez sells 13,514 shares, reducing his stake by 28.52%

Mar. 14, 2026 at 12:51am

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Patrick Industries, Inc. (NASDAQ:PATK) Chief Operating Officer Hugo Gonzalez sold 13,514 shares of the company's stock on Thursday, March 12th. The shares were sold at an average price of $113.10, resulting in a total transaction value of $1,528,433.40. Following the sale, Gonzalez still directly owns 33,864 shares in the company, valued at approximately $3,830,018.40.

Why it matters

This transaction represents a significant reduction in Gonzalez's ownership stake in Patrick Industries, which could signal a change in his confidence or outlook for the company's future performance. Insider transactions like this are closely watched by investors and analysts as they can provide insights into management's views on the company's prospects.

The details

Gonzalez's sale of 13,514 shares represents a 28.52% decrease in his ownership position. The shares were sold at an average price of $113.10, resulting in total proceeds of $1,528,433.40 for the transaction. Patrick Industries is a leading manufacturer and distributor of components and building materials for the recreational vehicle, manufactured housing, marine, and industrial markets.

  • The shares were sold on Thursday, March 12th, 2026.

The players

Hugo Gonzalez

Chief Operating Officer of Patrick Industries, Inc.

Patrick Industries, Inc.

A leading manufacturer and distributor of components and building materials for the recreational vehicle, manufactured housing, marine, and industrial markets.

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