Independent
Tenure on this board
1.2 yrs
Also a director at
Lakeland Financial Corp (LKFN)
Meeting calendar
PATK · Annual meeting · Thursday, May 14, 2026
Patrick Industries Inc
9 nominees · 3 ballot items.
Election of nine directors; Ratification of Deloitte & Touche LLP as independent auditors; Advisory (non-binding) vote to approve named executive officers’ compensation for fiscal 2025.
Market cap
$2.9B
1Y TSR
-10.1%
Board grade
B+
Record date
Mar 20, 2026
Filing
DEF 14A
Meeting concluded · May 14, 2026
Follow how the vote landed and what changed on Patrick Industries Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORVote to elect nine nominees to the Board of Directors to serve until the 2027 Annual Meeting.
- 2
Ratification of the Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the Audit Committee’s appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2026.
- 3
Advisory Vote to Approve the Compensation of Our Named Executive Officers
ManagementBoard: FORNon-binding, advisory 'Say on Pay' vote to approve the compensation of the Company’s named executive officers for fiscal year 2025 as disclosed in the proxy statement.
More detail
This proposal requests non-binding shareholder approval (Say on Pay) of the compensation paid to the named executive officers for fiscal 2025, as disclosed in the Proxy Statement, including the CD&A, tables and related information. Management seeks shareholder affirmation of its executive pay policies, which emphasize a pay-for-differentiated-performance philosophy with substantial variable, performance-linked compensation (STIP and LTIP) and stock-based incentives. The Board recommends voting FOR, arguing the program aligns executives’ interests with shareholders by linking short-term and long-term incentives to adjusted net income and cumulative EBITDA performance metrics, includes retention features (time-based RSUs), and uses market benchmarking and an independent consultant. The vote is advisory and non-binding, but management will consider the outcome in future compensation decisions; broker non-votes are possible on this non-routine matter. The proposal’s context includes strong pay-at-risk weighting, multi-year performance metrics, recent grants of options and SARs tied to a new five-year strategic plan, and the Compensation Committee’s use of external consultants and shareholder feedback (96% approval in 2025).
Director elections
Nominees on the ballot9
Independent
Tenure on this board
1.2 yrs
Independent
Tenure on this board
18.5 yrs
Not independent
Tenure on this board
18.5 yrs
Also a director at
Ies Holdings Inc (IESC)
Independent
Tenure on this board
15.5 yrs
Independent
Tenure on this board
13.5 yrs
Not independent
Tenure on this board
6.5 yrs
Also a director at
Standex International Corp (SXI)
Independent
Tenure on this board
7.3 yrs
Also a director at
Smith & Wesson Brands Inc (SWBI)
Independent
Tenure on this board
11.3 yrs
Also a director at
Lakeland Financial Corp (LKFN)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 10.5% | 3,455,309 | $384M |
| 2 | FMR LLC | 9.1% | 2,999,452 | $333M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 4.4% | 1,432,553 | $159M |
| 4 | DIMENSIONAL FUND ADVISORS LP | 4.1% | 1,361,398 | $151M |
| 5 | Capital Research Global Investors | 4.1% | 1,360,530 | $151M |
| 6 | WELLINGTON MANAGEMENT GROUP LLP | 4.0% | 1,299,690 | $144M |
| 7 | Capital World Investors | 3.9% | 1,284,401 | $143M |
| 8 | STATE STREET CORP | 3.8% | 1,250,577 | $139M |
| 9 | BlackRock, Inc. | 2.9% | 939,863 | $104M |
| 10 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.4% | 774,396 | $86M |
Peers
Nearest market capOther Consumer Cyclical sector meetings6
Upcoming shareholder meetings at Patrick Industries Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Under Armour IncUAA
Annual meeting·Aug 26, 2026·$3.1B
Driven Brands Holdings IncDRVN
Annual meeting·Jul 28, 2026·$2.6B
Capri Holdings LtdCPRI
Annual meeting·Jul 29, 2026·$2.0B
La-z-boy IncLZB
Annual meeting·Aug 25, 2026·$1.6B
Leggett & Platt IncLEG
Special meeting·Aug 20, 2026·$1.5B
Cavco Industries IncCVCO
Annual meeting·Jul 28, 2026·$4.5B
Reference
Frequently asked questions
- When is the Patrick Industries Inc 2026 annual meeting?
- Patrick Industries Inc (PATK) holds its 2026 annual shareholder meeting on Thursday, May 14, 2026.
- What is the record date for the Patrick Industries Inc 2026 meeting?
- The record date for the Patrick Industries Inc 2026 meeting is Friday, March 20, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Patrick Industries Inc's 2026 meeting?
- The board is presenting 9 director nominees at the Patrick Industries Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Patrick Industries Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Patrick Industries Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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