Mohawk CEO logs tax-related share dispositions
Mohawk Industries CEO Jeffrey S. Lorberbaum reported tax-related share dispositions in company stock.
Rhea-AI Filing Summary
Mohawk Industries CEO Jeffrey S. Lorberbaum reported tax-related share dispositions in company stock. On February 23, he disposed of 3,103 shares of common stock at $124.15 per share, and on February 21 he disposed of 2,142 shares at $127.00 per share.
Both transactions are coded as tax-withholding events to meet obligations upon vesting of restricted stock units, rather than open-market sales. After these transactions, he directly owned 68,076 shares, and the filing also lists substantial indirect holdings through entities such as Aladdin Partners, LP and several funds and trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,103 | $124.15 | $385K |
| Exercise Price or Tax Liability | Common Stock | 2,142 | $127.00 | $272K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Disposition related to meeting tax obligations upon vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Mohawk Industries (MHK) CEO report in this Form 4 filing?
Were the Mohawk Industries (MHK) CEO’s transactions open-market sales?
What is the Mohawk Industries (MHK) CEO’s direct ownership after these transactions?
What indirect holdings are disclosed for the Mohawk Industries (MHK) CEO?
Does this Mohawk Industries (MHK) Form 4 indicate net buying or selling by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.