Last updated: 20 May 2024 at 6:06pm EST

John Forbes Net Worth




The estimated Net Worth of John A Forbes is at least $5.82 Million dollars as of 1 March 2024. Mr. Forbes owns over 6,793 units of Patrick Industries stock worth over $4,465,308 and over the last 13 years he sold PATK stock worth over $1,182,452. In addition, he makes $175,016 as Interim Chief Financial Officer and Director at Patrick Industries.

Mr. Forbes PATK stock SEC Form 4 insiders trading

John has made over 8 trades of the Patrick Industries stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 6,793 units of PATK stock worth $806,805 on 1 March 2024.

The largest trade he's ever made was selling 8,000 units of Patrick Industries stock on 10 March 2017 worth over $53,200. On average, John trades about 781 units every 89 days since 2012. As of 1 March 2024 he still owns at least 34,682 units of Patrick Industries stock.

You can see the complete history of Mr. Forbes stock trades at the bottom of the page.





John Forbes biography

John A. Forbes has been appointed as Interim Chief Financial Officer, Director of the Company effective 6/12/2020. He has been a partner with Outcomes LLC and Full Sails LLC, two firms engaged in new product development and strategic business consulting, since June 2017. Previously, Mr. Forbes was the President of Utilimaster, a business unit of Spartan Motors USA, Inc., from July 2010 to June 2017. Prior to that, he was the Chief Financial Officer of Utilimaster from May 2009 to July 2010, the Chief Financial Officer of Nautic Global Group LLC from 2007 to 2009, and the Chief Financial Officer of Adorn LLC from 2003 to 2007. Mr. Forbes has served as a director of Chase Packing Corporation since March 2019. Mr. Forbes has over 32 years of experience in serving various manufacturing industries having held senior financial leadership roles. Mr. Forbes also has extensive experience with operations management, acquisitions, strategic planning, risk management, and banking relations. He has been determined to be an “audit committee financial expert” under the rules and regulations of the Securities and Exchange Commission (the "SEC") by our Board. Mr. Forbes currently serves as the Chairman of the Company’s Corporate Governance and Nominations Committee, and as a member of the Company’s Audit Committee and Compensation Committee. He has served as a director of the Company since 2011.

What is the salary of John Forbes?

As the Interim Chief Financial Officer and Director of Patrick Industries, the total compensation of John Forbes at Patrick Industries is $175,016. There are 12 executives at Patrick Industries getting paid more, with Todd Cleveland having the highest compensation of $6,585,370.



How old is John Forbes?

John Forbes is 60, he's been the Interim Chief Financial Officer and Director of Patrick Industries since 2020. There are 1 older and 16 younger executives at Patrick Industries. The oldest executive at Patrick Industries, Inc. is Michael Kitson, 61, who is the Independent Director.

What's John Forbes's mailing address?

John's mailing address filed with the SEC is 107 W. FRANKLIN ST, , ELKHART, IN, 46516.

Insiders trading at Patrick Industries

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, and 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.



What does Patrick Industries do?

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.



What does Patrick Industries's logo look like?

Patrick Industries, Inc. logo

Complete history of Mr. Forbes stock trades at Patrick Industries and Spartan Motors

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Mar 2024 John A Forbes
Director
Sale 6,793 $118.77 $806,805
1 Mar 2024
34,682
14 Dec 2017 John A Forbes
Director
Sale 1,000 $65.80 $65,800
14 Dec 2017
27,851
22 Aug 2016 John A Forbes
Director
Sale 1,980 $64.81 $128,324
22 Aug 2016
17,898
22 Aug 2016 John A Forbes
Director
Sale 1,980 $64.81 $128,324
22 Aug 2016
17,898
10 Mar 2017 John A Forbes
President - Utilimaster Corp
Sale 8,000 $6.65 $53,200
10 Mar 2017
77,190
2 Mar 2015 John A Forbes
President - Utilimaster Corp
Buy 3,000 $4.97 $14,910
2 Mar 2015
59,801
18 Sep 2014 John A Forbes
President - Utilimaster Corp
Buy 3,500 $5.35 $18,725
18 Sep 2014
56,801
13 Jun 2014 John A Forbes
President - Utilimaster Corp
Buy 5,000 $5.12 $25,600
13 Jun 2014
54,519


Patrick Industries executives and stock owners

Patrick Industries executives and other stock owners filed with the SEC include: