STOCK TITAN

MHK insider sales disclosed — 4,000 shares sold recently, 800-share proposed sale

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Mohawk Industries (MHK) filed a Form 144 reporting proposed and recent sales of common stock. The notice lists a proposed sale of 800 shares through TD Securities with an aggregate market value of $106,334.88 and cites approximately 62,520,000 shares outstanding. The filing records an acquisition date of 02/29/2012 for 395,202 shares by MOHAWK (company disbursement). It also discloses sales in the past three months totaling 4,000 shares (2,500 and 1,500 shares) with gross proceeds of $301,453.16 and $192,653.00 respectively. The filer certifies no undisclosed material adverse information.

Positive

  • Transparent disclosure of proposed sale (800 shares) and recent sales (4,000 shares) with broker and gross proceeds
  • Attestation provided that the seller does not possess undisclosed material adverse information
  • Acquisition history disclosed showing long-held shares (395,202 acquired 02/29/2012)

Negative

  • None.

Insights

TL;DR: Small insider dispositions disclosed; aggregate recent sales total 4,000 shares, immaterial versus outstanding shares.

The filing shows a proposed sale of 800 shares via TD Securities and recent aggregate sales of 4,000 shares generating roughly $494,106 in gross proceeds. Relative to the reported 62.52 million shares outstanding, these transactions represent a de minimis fraction of the float and are unlikely to materially affect the company’s market capitalization or liquidity. The record of acquisition in 2012 for 395,202 shares indicates long-held positions, and the filer’s attestation to no undisclosed material adverse information is standard for Rule 144 notices.

TL;DR: Form 144 provides required disclosure of intended insider sales and recent dispositions; governance compliance appears met.

The document identifies the broker, quantities, and market values for planned and completed sales and includes the seller representation regarding material information. From a governance perspective, the filing adheres to Rule 144 reporting conventions by aggregating recent sales and noting acquisition history. There is no information here about motivations, trading plans, or any irregularities; the disclosure itself supports regulatory transparency but does not indicate governance concerns.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Mohawk Industries' Form 144 (MHK) report?

The filing reports a proposed sale of 800 common shares and discloses sales of 2,500 and 1,500 shares in the past three months, with stated gross proceeds.

How many shares does the Form 144 say are outstanding for MHK?

The notice lists 62,520,000 shares outstanding for the issuer.

What broker is handling the proposed sale of Mohawk stock?

The proposed sale is to be executed through TD Securities (USA) LLC at 125 Park Ave, New York.

What are the gross proceeds reported for recent Mohawk share sales?

The filing reports gross proceeds of $301,453.16 for 2,500 shares and $192,653.00 for 1,500 shares.

When were the shares to be sold originally acquired?

The filing shows an acquisition date of 02/29/2012 for 395,202 shares attributed to a company disbursement.
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