Mohawk CEO’s trust sells 3,600 company shares
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.
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
| 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 | -- | -- | -- |
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.
FAQ
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