Mohawk (MHK) CEO reports 5,000-share sale via family trust
Rhea-AI Filing Summary
Mohawk Industries chief executive officer Jeffrey S. Lorberbaum reported an indirect open-market sale of 5,000 shares of common stock on May 27, 2026. The sale, executed by MCL Family Funds Trust, was at a weighted average price of $105.53 per share, with individual trade prices ranging from $105.12 to $106.03.
After this transaction, MCL Family Funds Trust held 25,000 shares of Mohawk Industries common stock. The filing also lists additional direct and indirect holdings, including 85,389 shares held directly and separate indirect positions such as 8,132,685 shares held through Aladdin Partners, LP as of the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
8 txns
Insider
LORBERBAUM JEFFREY S
Role
CHIEF EXECUTIVE OFFICER
Sold
5,000 shs ($528K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $105.53 | $528K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,000 shares (Indirect, MCL Family Funds Tr);
Common Stock — 85,389 shares (Direct);
Common Stock — 8,132,685 shares (Indirect, Aladdin Partners, LP);
Common Stock — 420,668 shares (Indirect, Dalton Fund);
Common Stock — 19,140 shares (Indirect, Dalton Partners);
Common Stock — 453,074 shares (Indirect, JSL Legacy Fund LP);
Common Stock — 315,002 shares (Indirect, PAS Trust);
Common Stock — 194 shares (Indirect, by Managed Account)
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.12 to $106.03, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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FAQ
What did Mohawk Industries (MHK) CEO Jeffrey S. Lorberbaum report in this Form 4?
He reported an indirect open-market sale of 5,000 Mohawk Industries common shares on May 27, 2026. The transaction occurred through MCL Family Funds Trust and reflects a routine update to his reported indirect ownership positions.
What other Mohawk Industries (MHK) holdings are disclosed for Jeffrey Lorberbaum?
The Form 4 lists 85,389 shares held directly in his name and several indirect positions. These include holdings in entities such as Aladdin Partners, LP with 8,132,685 shares and other trusts and funds reported as indirect ownership.
How many total sell transactions are reported in this Mohawk Industries (MHK) Form 4?
The transaction summary shows one sale transaction totaling 5,000 shares. The rest of the non-derivative entries are labeled as holding records, reflecting post-transaction ownership balances rather than additional buy or sell activity.
What does the weighted average price footnote mean in the Mohawk (MHK) Form 4?
The footnote states that the $105.53 price is a weighted average across multiple trades between $105.12 and $106.03. It notes that detailed trade-by-trade pricing information is available upon request to the issuer, security holders, or SEC staff.