Mohawk SVP gets RSUs, disposes shares for tax
Mohawk Industries senior vice president and chief accounting officer David Lee Repp reported two equity compensation-related transactions in company common stock.
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Rhea-AI Filing Summary
Mohawk Industries senior vice president and chief accounting officer David Lee Repp reported two equity compensation-related transactions in company common stock. On February 27, he acquired 1,044 shares through a restricted stock unit award at $0 per share, with units scheduled to vest in three equal installments over three years. On February 28, 32 shares were disposed of at $125.27 per share to cover tax obligations upon vesting of restricted stock units, rather than through an open-market sale. After these transactions, he directly owned 2,011 shares of Mohawk Industries common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 32 | $125.27 | $4K |
| Grant/Award | Common Stock | 1,044 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted stock units that will vest 1/3 each year for 3 years.
- F2. Disposition related to meeting tax obligations upon vesting of restricted stock units.
FAQ
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What insider transactions did Mohawk Industries (MHK) report for David Lee Repp?
How will David Lee Repp’s Mohawk Industries (MHK) restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.