MHK Form 144: 700-Share Sale via Morgan Stanley Listed for 08/19/2025
Rhea-AI Filing Summary
Mohawk Industries, Inc. (MHK) filed a Form 144 notifying the proposed sale of 700 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $89,636.47. The sale is listed as approximately 08/19/2025 on the NYSE. The shares were acquired on 02/28/2024 as restricted stock that vested under a registered plan and were issued by the company. The filing reports 62,131,911 shares outstanding and indicates no securities sold by the seller in the past three months. The filer certifies no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for a small parcel of vested restricted stock, no recent sales reported.
The Form 144 documents a proposed sale of 700 shares valued at $89,636.47 to be executed via Morgan Stanley on or about 08/19/2025. The shares originated from restricted stock that vested on 02/28/2024 under a registered plan, indicating compensation-related issuance rather than an open-market purchase. The filing shows 62,131,911 shares outstanding and discloses no other sales by the seller in the prior three months, consistent with a limited, routine disposition subject to Rule 144 conditions. Impact on equity is immaterial given the small size relative to outstanding shares.
TL;DR: Compliance-focused disclosure showing a covered insider sale under Rule 144; documentation appears complete for a routine transaction.
The notice includes required elements: broker details (Morgan Stanley Smith Barney LLC), acquisition details (02/28/2024 restricted stock vesting), and the representation that no material nonpublic information is known. There are no reported aggregated sales in the past three months. From a governance standpoint, the filing satisfies Rule 144 reporting expectations for a compensated insider disposing of vested shares via a brokered sale.