Monitor for follow-up trades — the COO's sale could indicate profit-taking after a run-up, while the director's simultaneous buy may reflect confidence at current levels. Check for options expirations or pre-scheduled 10b5-1 plans.
Price Chart
Executive Summary
Over the past week, Patrick Industries COO Hugo Gonzalez sold $1.53M in shares, while director M. Scott Welch purchased $1.14M. This represents a mixed signal with material dollar volume from both a senior executive and a board member.
Key Financial Metrics
Key Facts
- COO Hugo Gonzalez sold 13,514 shares for $1,528,379 in an open-market transaction on March 12, 2026.
- Director M. Scott Welch bought 10,000 shares for $1,136,821 on the same day.
- Total cluster value: $2.66M, representing ~0.07% of the company's $3.8B market cap.
- Both transactions were open-market trades (P and S codes), indicating intentional buying and selling.
Financial Impact
Total $2.66M in open-market activity; $1.53M in insider selling and $1.14M in buying over one day.
Risk Factors
- Executive selling may be perceived negatively if not part of a pre-arranged plan.
- Board-level buying may not reflect operational insight compared to C-suite sentiment.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-PATK-1773437391947 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 7w ago | Press Release | $86.06 $72.98 | ▼ −15.20% | ▼ −13.21% | $67.16 (−21.96%) |
Aug 10, 2026 7w ago | 425 / 8-K | $87.42 $76.99 | ▼ −11.93% | ▼ −10.87% | $67.16 (−23.18%) |
Jul 30, 2026 9w ago | 8-K | $84.00 $83.09 | ▼ −1.08% | ▼ −5.05% | $67.16 (−20.05%) |
Jun 30, 2026 13w ago | 425 | $85.27 $86.62 | ▲ +1.58% | ▲ +3.77% | $67.16 (−21.24%) |
Jun 30, 2026 13w ago | 425 | $85.27 $86.62 | ▲ +1.58% | ▲ +3.77% | $67.16 (−21.24%) |
Jun 25, 2026 14w ago | Insider Cluster | $92.68 $85.45 | ▼ −7.80% | ▼ −8.33% | $67.16 (−27.54%) |
May 18, 2026 19w ago | 8-K | $89.85 $87.13 | ▼ −3.03% | ▼ −4.61% | $67.16 (−25.26%) |
May 7, 2026 21w ago | 8-K | $95.36 $90.65 | ▼ −4.94% | ▼ −8.08% | $67.16 (−29.57%) |
May 5, 2026 21w ago | Insider Cluster | $90.06 $90.66 | ▲ +0.67% | ▼ −4.29% | $67.16 (−25.43%) |
May 5, 2026 21w ago | Insider Cluster | $90.06 $90.66 | ▲ +0.67% | ▼ −4.29% | $67.16 (−25.43%) |
US Market Status
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