Last updated: 6 March 2024 at 9:00pm EST

Kip Ellis Net Worth




The estimated Net Worth of Kip B Ellis is at least $20.7 Million dollars as of 4 March 2024. Mr. Ellis owns over 7,462 units of Patrick Industries stock worth over $13,044,435 and over the last 8 years he sold PATK stock worth over $5,567,553. In addition, he makes $2,046,670 as Executive Vice President - Operations and Chief Operating Officer at Patrick Industries.

Mr. Ellis PATK stock SEC Form 4 insiders trading

Kip has made over 14 trades of the Patrick Industries stock since 2020, according to the Form 4 filled with the SEC. Most recently he sold 7,462 units of PATK stock worth $910,289 on 4 March 2024.

The largest trade he's ever made was exercising 21,000 units of Patrick Industries stock on 8 December 2023 worth over $867,930. On average, Kip trades about 5,793 units every 50 days since 2017. As of 4 March 2024 he still owns at least 101,316 units of Patrick Industries stock.

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





Kip Ellis biography

Kip B. Ellis serves as Executive Vice President - Operations, Chief Operating Officer of the Company. He was appointed Executive Vice President of Operations and Chief Operating Officer of the Company in September 2016. He was elected an officer in September 2016. Mr. Ellis joined the Company as Vice President of Market Development in April 2016. Prior to his role at Patrick, Mr. Ellis served as Vice President of Aftermarket Sales for the Dometic Group from 2015 to 2016. Prior to his tenure at Dometic, Mr. Ellis served as Vice President of Global Sales and Marketing from 2007 to 2015 at Atwood Mobile Products. Mr. Ellis has over 22 years of experience serving the recreational vehicle, manufactured housing, industrial and automotive markets.

What is the salary of Kip Ellis?

As the Executive Vice President - Operations and Chief Operating Officer of Patrick Industries, the total compensation of Kip Ellis at Patrick Industries is $2,046,670. There are 3 executives at Patrick Industries getting paid more, with Todd Cleveland having the highest compensation of $6,585,370.



How old is Kip Ellis?

Kip Ellis is 45, he's been the Executive Vice President - Operations and Chief Operating Officer of Patrick Industries since 2016. There are 18 older and no younger executives at Patrick Industries. The oldest executive at Patrick Industries, Inc. is Michael Kitson, 61, who is the Independent Director.

What's Kip Ellis's mailing address?

Kip's mailing address filed with the SEC is 107, West Franklin Street, Elkhart, Elkhart County, Indiana, 46516, United States.

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. Ellis stock trades at Patrick Industries

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
4 Mar 2024 Kip B Ellis
President-Powersports/ Housing
Sale 7,462 $121.99 $910,289
4 Mar 2024
101,316
26 Feb 2024 Kip B Ellis
President-Powersports/ Housing
Sale 18,000 $115.00 $2,070,000
26 Feb 2024
108,778
12 Feb 2024 Kip B Ellis
President-Powersports/ Housing
Option 18,000 $41.33 $743,940
12 Feb 2024
138,219
14 Dec 2023 Kip B Ellis
President-Powersports/ Housing
Sale 8,000 $93.21 $745,680
14 Dec 2023
110,674
8 Dec 2023 Kip B Ellis
President-Powersports/ Housing
Option 21,000 $41.33 $867,930
8 Dec 2023
133,280
18 Jul 2023 Kip B Ellis
President-Powersports/ Housing
Sale 7,500 $85.00 $637,500
18 Jul 2023
112,280
13 Jun 2023 Kip B Ellis
President-Powersports/ Housing
Sale 13,600 $78.69 $1,070,184
13 Jun 2023
119,780
6 Dec 2021 Kip B Ellis
President-Powersports/ Housing
Option 21,000 $41.33 $867,930
6 Dec 2021
120,405
7 May 2021 Kip B Ellis
President-Powersports/ Housing
Option 11,184 $67.20 $751,565
7 May 2021
108,590
9 Mar 2021 Kip B Ellis
President-Powersports/ Housing
Option 14,910 $53.83 $802,605
9 Mar 2021
112,316
5 Mar 2021 Kip B Ellis
President-Powersports/ Housing
Option 13,040 $52.43 $683,687
5 Mar 2021
107,627
8 Feb 2021 Kip B Ellis
President-Powersports/ Housing
Option 9,312 $40.95 $381,326
8 Feb 2021
100,055
24 Nov 2020 Kip B Ellis
President-Powersports/ Housing
Sale 2,000 $66.95 $133,900
24 Nov 2020
82,646
13 Mar 2020 Kip B Ellis
President-Powersports/ Housing
Buy 3,000 $32.34 $97,020
13 Mar 2020
84,646


Patrick Industries executives and stock owners

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