Mohawk (MHK) files Form 144 for 450-share restricted stock sale
Rhea-AI Filing Summary
Mohawk Industries (MHK) notice reports a proposed sale of 450 shares of Common stock through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $57,733.47. The shares were acquired as restricted stock from the issuer on 02/23/2025 and payment was recorded on that date. The filer indicates no securities of the issuer were sold by the same person in the past three months and affirms they are not aware of any undisclosed material adverse information about the issuer. The proposed approximate sale date is 08/14/2025.
Positive
- Timely regulatory disclosure of proposed insider sale through Form 144
- Sale size is negligible relative to 62,131,911 shares outstanding (450 shares)
- Securities were acquired from the issuer as restricted stock, disclosed with acquisition date
Negative
- None.
Insights
TL;DR: Small insider sale disclosed: 450 restricted shares worth $57,733, representing an immaterial portion of outstanding stock.
The filing shows a routine Form 144 disclosure for a planned sale of restricted shares via Morgan Stanley Smith Barney on the NYSE. The shares were acquired from the issuer and the filer reports no other sales in the prior three months. Relative to the reported 62,131,911 shares outstanding, the 450-share sale is negligible in size and unlikely to move valuation metrics. The representation about absence of undisclosed material adverse information is standard certification language in this notice.
TL;DR: Compliance-focused filing: supports transparency around insider dispositions but contains no governance changes or material events.
This Form 144 documents compliance with Rule 144 disclosure requirements for an insider or affiliate sale of restricted stock. It identifies the broker, class, acquisition type, and that no prior sales in three months were reported. There are no indications of governance actions, leadership changes, or related-party transactions in this notice. The filing accomplishes disclosure objectives without signaling material corporate governance concerns.