Form 4: MHK Officer Discloses Two Market Sales, Retains Indirect Holdings
Rhea-AI Filing Summary
Suzanne Helen, identified as an officer of Mohawk Industries, Inc. (MHK), reported two market sales of common stock executed pursuant to market orders. On 09/09/2025 she sold 370 shares at a weighted-average price of $135.30. On 09/11/2025 she sold 721 shares at a weighted-average price of $138.87. After those transactions the Form 4 shows 87,693 shares beneficially owned through a PASTrust for Suzanne Helen and 141,646 shares held indirectly by a Family Limited Partnership, with the reporting person disclaiming ownership beyond reported amounts.
The filing includes explanations that the prices are weighted averages from multiple sales and notes the reporting person shares equal control of the partnership general partner with two other family members.
Positive
- None.
Negative
- Officer reported market sales of company stock totaling 1,091 shares across two dates (370 and 721 shares), reducing reported beneficial ownership.
- Reporting person disclaims beneficial ownership for some partnership-held shares, which limits clarity on exact economic exposure despite disclosed indirect holdings.
Insights
TL;DR: Routine officer sales disclosed; ownership structure involves family partnership and acknowledged disclaimers.
The reported transactions are small, specific market sales by an officer executed as single market orders across multiple price points. The filing clarifies the weighted-average pricing methodology and disclaims broader group ownership while acknowledging shared control of the general partner of the family limited partnership. For governance reviewers, the disclosure is complete and follows Section 16 reporting norms, showing transparency about indirect holdings and potential group relationships.
TL;DR: Insider sold modest share amounts; remaining indirect holdings remain substantial but are partially disclaimed.
The sales reported—370 shares at $135.30 and 721 shares at $138.87—are modest relative to the total indirect positions disclosed. The Form 4 provides weight-averaged sale prices and reserves the right to supply per-transaction quantities to SEC staff. The reporting person’s continued indirect stake of 141,646 shares via a family partnership and 87,693 shares via a PASTrust indicates ongoing exposure, while the disclaimer limits attribution of additional partnership-held shares. The disclosure is factual and allows investors to update ownership tables precisely.