Business Context and Reporting Period
This Form 8-K filing by Patrick Industries, Inc. (NASDAQ: PATK) reports on events occurring on May 14, 2026. The filing details the results of the Company's Annual Meeting of Shareholders and the declaration of a quarterly cash dividend by the Board of Directors.
Key Financial Metrics
The filing does not contain comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial metric disclosed is the declaration of a quarterly cash dividend of $0.47 per share, payable on June 8, 2026, to shareholders of record as of May 26, 2026.
Material Changes and Shareholder Votes
The Annual Meeting was held on May 14, 2026, with 31,474,950 shares voted, representing 95.06% of the 33,111,193 total shares outstanding on the record date. All proposals were adopted:
- Proposal 1 (Election of Directors): All nine nominees were elected. Vote counts ranged from approximately 25.1 million to 29.8 million "For" votes.
- Proposal 2 (Ratification of Auditors): Deloitte & Touche LLP was ratified as the independent registered public accounting firm for fiscal year 2026 with 31,399,269 "For" votes.
- Proposal 3 (Executive Compensation): The advisory vote on named executive officer compensation for fiscal year 2025 was approved with 29,250,416 "For" votes.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items. It is strictly a procedural report of shareholder meeting outcomes and a dividend declaration.
Investor Verification Checklist
- Verify the dividend payment date of June 8, 2026 and the record date of May 26, 2026.
- Confirm the composition of the Board of Directors for the term ending at the 2027 Annual Meeting.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the dividend or meeting.
- Note that this filing does not provide updated financial performance data; refer to the most recent 10-Q or 10-K for revenue and earnings metrics.