{"schema_version":"secwatch.filing_event.v1","accession":"0000076605-23-000005","form_type":"8-K","ticker":"PATK","cik":"0000076605","company_name":"PATRICK INDUSTRIES INC","filed_at":"2023-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.052292+00:00","generated_at":"2026-06-20T20:36:29.108448+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Todd Cleveland transitions from Executive Chairman to Chairman at Patrick Industries","bullets":["Todd Cleveland appointed Chairman effective Jan 1, 2023; prior Executive Chairman role and 2021 letter agreement terminated.","Chairman receives annual cash retainer of $310,000 plus $90,000 non-executive director cash retainer.","Equity grant of $125,000 (prorated) for non-executive directors on same schedule as others.","Will receive a prorated portion of the $125,000 equity grant issued to non-executive directors on May 12, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000076605-23-000005","json":"https://secwatch.observer/filing/0000076605-23-000005.json","markdown":"https://secwatch.observer/filing/0000076605-23-000005.md","text":"https://secwatch.observer/filing/0000076605-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000005/0000076605-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000005/patk-20230101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T20:36:29.108448+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"506a463852","claim":"Todd Cleveland was appointed as Chairman of the Board at PATRICK INDUSTRIES INC.","evidence_excerpt":"Effective as of January 1, 2023, Todd Cleveland was appointed as Chairman of the Board of Patrick Industries, Inc. (the “Company”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000005/0000076605-23-000005-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}