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Insider Buy Cluster Buy June 11, 2025

Cleveland Todd M purchased ~$762K in Patrick Industries Inc stock

Patrick Industries Inc (PATK)  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+23.9%
PATK price after insider trade by Cleveland Todd M

Insider

Cleveland Todd M

Role

Transaction

Open-Market Purchase

Approx. Value

~$762K

Trade Date

Jun 11, 2025

Company

Patrick Industries Inc

Ticker

PATK

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$762K purchase

A significant position. Insiders who invest $500K+ of their own money typically have strong views on their company's near-term outlook.

3 insiders traded in the same window

When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.

+23.9% in 90 days

Measured from trade date to 90 days later. We track the performance of every insider trade to identify which insiders consistently make profitable moves.

CT

How good is Cleveland Todd M at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

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3

Cleveland Todd M wasn't the only one buying.

3 insiders at Patrick Industries Inc traded within the same 30-day window.

See who else bought · Free

On June 11, 2025, Cleveland Todd M — a corporate insider at Patrick Industries Inc — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$762K in Patrick Industries Inc (PATK) stock.

This transaction was part of a cluster — 3 insiders at Patrick Industries Inc made open-market purchases within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, PATK returned +23.9%

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$762K
Insider role Insider
Cluster 3 insiders
90-day return +23.9%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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