The estimated Net Worth of Michael A Kitson is at least $3.19 Milion dollars as of 15 February 2024. Mr. Kitson owns over 3,290 units of Patrick Industries stock worth over $1,101,199 and over the last 12 years he sold PATK stock worth over $1,910,759. In addition, he makes $179,016 as Independent Director at Patrick Industries.
Michael has made over 7 trades of the Patrick Industries stock since 2016, according to the Form 4 filled with the SEC. Most recently he sold 3,290 units of PATK stock worth $364,762 on 15 February 2024.
The largest trade he's ever made was selling 10,000 units of Patrick Industries stock on 3 August 2020 worth over $671,200. On average, Michael trades about 1,360 units every 138 days since 2013. As of 15 February 2024 he still owns at least 8,553 units of Patrick Industries stock.
You can see the complete history of Mr. Kitson stock trades at the bottom of the page.
Michael A. Kitson serves as Independent Director of the Company. Previously, Mr. Kitson was a principal with AVL Growth Partners, a firm that provides chief financial officer and other financial advisory services, from March 2017 to July 2018. Prior to that, Mr. Kitson was the Chief Financial Officer of MikaTek, Ltd. from January 2016 until July 2016, the Chief Executive Officer of SharpShooter Imaging from March 2015 to January 2016, the Chief Executive Officer of Nautic Global Group from March 2011 to October 2013 and the Chief Financial Officer of Nautic from August 2010 to March 2011. Mr. Kitson has over 32 years of experience in serving various manufacturing industries having also held senior financial leadership roles with Lilly Industries, Inc. Mr. Kitson also has extensive experience with corporate and operations management, strategic planning, and risk management. He has been determined to be an “audit committee financial expert” under the SEC’s rules and regulations by our Board. Mr. Kitson currently serves as the Chairman of the Company’s Audit Committee, and as a member of the Company’s Corporate Governance and Nominations Committee and Compensation Committee. He has served as a director of the Company since 2013.
As the Independent Director of Patrick Industries, the total compensation of Michael Kitson at Patrick Industries is $179,016. There are 10 executives at Patrick Industries getting paid more, with Todd Cleveland having the highest compensation of $6,585,370.
Michael Kitson is 61, he's been the Independent Director of Patrick Industries since 2013. There are no older and 19 younger executives at Patrick Industries.
Michael's mailing address filed with the SEC is 107, West Franklin Street, Elkhart, Elkhart County, Indiana, 46516, United States.
Over the last 21 years, insiders at Patrick Industries have traded over $296,949,371 worth of Patrick Industries stock and bought 159,284 units worth $5,442,391 . The most active insiders traders include Jeffrey L Et Al Gendell, Todd M Cleveland a Jeffrey L Et Altontine Capi.... On average, Patrick Industries executives and independent directors trade stock every 12 days with the average trade being worth of $2,556,718. The most recent stock trade was executed by Hugo E Gonzalez on 29 August 2024, trading 1,911 units of PATK stock currently worth $248,640.
patrick industries was founded in 1959 and is the leading manufacturer of building products and materials to the manufactured housing and recreational vehicle industries in the united states. the company also supplies many of its products to the industrial market that include customers in the kitchen cabinet, office and household furniture, fixtures and commercial furnishings, marine, architectural and the automotive aftermarket. in addition, patrick industries is an independent wholesale distributor for the manufactured housing and recreational vehicle industries supplying pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, cabinet doors and cabinet components, cement siding, interior passage doors, furniture, roofing products, lighting, flooring, electrical, wiring, plumbing and other related products.
Patrick Industries executives and other stock owners filed with the SEC include: