Mohawk CEO-linked trusts sell 68,625 shares
Rhea-AI Filing Summary
MOHAWK INDUSTRIES INC (MHK) reported that chief executive officer and director Jeffrey S. Lorberbaum, a more-than-10% owner, had entities associated with him sell a total of 68,625 shares of common stock on September 11 and 14, 2026 in open-market transactions at weighted average prices around $127 per share. The sales were effected indirectly through MCL Family Funds Trust, Dalton Fund and JSL Legacy Fund LP, and no Rule 10b5-1 trading plan is reported. Following these transactions, reported holdings include 79,625 shares held directly and several large indirect positions, including 8,006,885 shares held by Aladdin Partners, LP, with the reporting person disclaiming beneficial ownership of certain entity-held shares to the extent he lacks a pecuniary interest.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 68,625 shares
Net Sell
13 txns
Insider
LORBERBAUM JEFFREY S
Role
CHIEF EXECUTIVE OFFICER
Sold
68,625 shs ($8.72M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 38,250 | $127.18 | $4.86M |
| Sale | Common Stock F3 | 7,500 | $127.18 | $954K |
| Sale | Common Stock F2, F1 | 19,041 | $126.84 | $2.42M |
| Sale | Common Stock | 84 | $127.52 | $11K |
| Sale | Common Stock F2 | 3,419 | $126.84 | $434K |
| Sale | Common Stock | 15 | $127.52 | $2K |
| Sale | Common Stock F2 | 315 | $126.84 | $40K |
| Sale | Common Stock | 1 | $127.52 | $127.52 |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 78,425 shares (Indirect, MCL Family Funds Tr);
Common Stock — 385,153 shares (Indirect, Dalton Fund);
Common Stock — 434,025 shares (Indirect, JSL Legacy Fund LP);
Common Stock — 8,006,885 shares (Indirect, Aladdin Partners, LP);
Common Stock — 79,625 shares (Direct);
Common Stock — 315,002 shares (Indirect, PAS Trust);
Common Stock — 19,140 shares (Indirect, Dalton Partners);
Common Stock — 194 shares (Indirect, By Managed Account)
Footnotes (3)
- F1. Holdings adjusted to reflect a transfer of 125,800 shares from Aladdin Partners, L.P. to MCL Family Funds Trust on September 10, 2026. The transfer of such shares is exempt from Section 16 pursuant to Rule 16a-13. The reporting person disclaims beneficial ownership of the shares held by each of Aladdin Partners, L.P. and MCL Family Funds Trust to the extent he does not have a pecuniary interest.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.50 to $127.48, 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.
- F3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.00 to $127.60, 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.
Key Figures
Total shares sold: 68,625 shares
Sale price range (September 11, 2026): $126.50–$127.48 per share
Sale price range (September 14, 2026): $127.00–$127.60 per share
+5 more
8 metrics
Total shares sold
68,625 shares
Indirect open-market sales reported for September 11 and 14, 2026
Sale price range (September 11, 2026)
$126.50–$127.48 per share
Weighted average prices for multiple transactions on that date
Sale price range (September 14, 2026)
$127.00–$127.60 per share
Weighted average prices for multiple transactions on that date
Direct holdings after transactions
79,625 shares
Common stock held directly by Jeffrey S. Lorberbaum as of September 11, 2026
Aladdin Partners LP holdings
8,006,885 shares
Indirectly held common stock position associated with the reporting person
PAS Trust holdings
315,002 shares
Indirect holdings reported through PAS Trust as of September 11, 2026
Dalton Partners holdings
19,140 shares
Indirect holdings reported through Dalton Partners as of September 11, 2026
Transfer between entities
125,800 shares
Transferred from Aladdin Partners, L.P. to MCL Family Funds Trust on September 10, 2026
Key Terms
weighted average price, Section 16, Rule 16a-13, pecuniary interest, +1 more
5 terms
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Section 16 regulatory
"The transfer of such shares is exempt from Section 16 pursuant to Rule 16a-13."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-13 regulatory
"The transfer of such shares is exempt from Section 16 pursuant to Rule 16a-13."
pecuniary interest financial
"The reporting person disclaims beneficial ownership ... to the extent he does not have a pecuniary interest."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the shares held by each of Aladdin Partners, L.P."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did MHK report for Jeffrey S. Lorberbaum in this Form 4?
MHK reported that entities associated with CEO Jeffrey S. Lorberbaum sold 68,625 shares of common stock on September 11 and 14, 2026 in open-market transactions at weighted average prices around $127 per share, all reported as indirect sales.
Were the MHK insider sales by Jeffrey S. Lorberbaum made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and the footnotes do not state that the sales were made pursuant to a Rule 10b5-1 trading plan or other pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
