Mohawk Industries (NYSE: MHK) COO has shares withheld for taxes after RSU vest
Rhea-AI Filing Summary
Mohawk Industries Inc. reported that President and COO Paul F. De Cock had 1,565 shares of common stock withheld on July 28, 2026 at $117.14 per share to satisfy tax obligations upon vesting of restricted stock units. This tax-withholding disposition left him with 89,457 directly held shares.
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Insights
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Insider Trade Summary
Net Seller: 1,565 shares
Net Sell
1 txn
Insider
De Cock Paul F
Role
PRESIDENT AND COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,565 | $117.14 | $183K |
Holdings After Transaction:
Common Stock — 89,457 shares (Direct)
Footnotes (1)
- F1. Disposition related to meeting tax obligations upon vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 1,565 shares
Valuation price per share: $117.14 per share
Shares held after transaction: 89,457 shares
3 metrics
Shares withheld for taxes
1,565 shares
Common stock withheld on July 28, 2026 to meet tax obligations
Valuation price per share
$117.14 per share
Price applied to the 1,565 shares for tax-withholding disposition
Shares held after transaction
89,457 shares
Directly held Mohawk Industries common stock following the July 28, 2026 event
Key Terms
restricted stock units, tax-withholding disposition, Rule 10b5-1
3 terms
restricted stock units financial
"meeting tax obligations upon vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition related to RSU vesting"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Rule 10b5-1 financial
"Rule 10b5-1 checkbox was not marked for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Mohawk Industries (MHK) report in this Form 4?
Mohawk Industries reported a tax-withholding disposition by President and COO Paul F. De Cock. On July 28, 2026, 1,565 shares of common stock were withheld to cover taxes due on vesting restricted stock units.
Was the Mohawk Industries (MHK) insider transaction under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked, and there is no footnote stating use of a trading plan. The disposition is instead described as related to tax obligations from restricted stock unit vesting.
What is the nature of the Mohawk Industries (MHK) Form 4 code F transaction?
The transaction is coded F, meaning payment of tax liability by delivering or withholding securities. A footnote clarifies the 1,565 shares were withheld specifically to meet tax obligations upon vesting of restricted stock units, not an open-market sale.