Mohawk (NYSE: MHK) CEO’s family trust sells 3,600 shares
Rhea-AI Filing Summary
Mohawk Industries CEO Jeffrey S. Lorberbaum, a director and more than 10% owner, reported indirect dispositions of common stock held by the MCL Family Funds Trust. The trust disposed of 3,100 shares at $103.62 per share and 500 shares at $103.99 per share, with the prices reflecting weighted averages over multiple trades between $102.98 and $103.97.
After these transactions, the MCL Family Funds Trust holds 30,000 Mohawk shares. Lorberbaum also reports 85,389 shares held directly, along with substantial additional indirect holdings through entities including Aladdin Partners, LP, Dalton Fund, Dalton Partners, JSL Legacy Fund LP, PAS Trust, and a managed account.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,600 shares
Net Sell
9 txns
Insider
LORBERBAUM JEFFREY S
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 3,100 | $103.62 | $321K |
| Disposition | Common Stock | 500 | $103.99 | $52K |
| 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 — 30,000 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 $102.98 to $103.97, 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Mohawk Industries (MHK) CEO Jeffrey Lorberbaum report?
Jeffrey Lorberbaum reported indirect dispositions of Mohawk common stock held by the MCL Family Funds Trust. The trust disposed of 3,100 shares at $103.62 and 500 shares at $103.99, based on weighted-average prices over multiple trades within a disclosed price range.
What other indirect Mohawk (MHK) holdings does Jeffrey Lorberbaum report?
Lorberbaum reports several large indirect Mohawk share holdings. These include positions through Aladdin Partners, LP, Dalton Fund, Dalton Partners, JSL Legacy Fund LP, PAS Trust, the MCL Family Funds Trust, and a managed account, each reported with separate post-transaction share balances.