Mohawk (NYSE: MHK) awards 9,416 RSUs and cancels 48 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vandini Mauro reported acquisition or exercise transactions in this Form 4 filing.
MOHAWK INDUSTRIES INC executive Mauro Vandini reported equity compensation changes involving the company’s common stock. On February 27, 2026, he received a grant of 9,416 restricted stock units, which will vest in three equal installments over three years. On March 2, 2026, the company cancelled 48 restricted stock units for no consideration in connection with the recovery of erroneously awarded compensation. After these transactions, Vandini directly held 37,573 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vandini Mauro
Role
President of Global Ceramic
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 48 | $0.00 | -- |
| Grant/Award | Common Stock | 9,416 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,573 shares (Direct)
Footnotes (1)
- Restricted stock units that will vest 1/3 each year for 3 years. On March 2, 2026, the Issuer cancelled 48 restricted stock units for no consideration in connection with the Issuer's recovery of erroneously awarded compensation.
FAQ
What did Mauro Vandini report in this Mohawk (MHK) Form 4?
Mauro Vandini reported a grant of 9,416 restricted stock units and the cancellation of 48 units. These changes affect his equity-based compensation and reflect both new awards and a small clawback of previously granted compensation.
How many Mohawk (MHK) restricted stock units did Vandini receive?
He received 9,416 restricted stock units. These units are a form of equity compensation that convert into shares over time, aligning the executive’s interests with long-term company performance as they vest according to the specified schedule.
What is the vesting schedule for Vandini’s 9,416 Mohawk (MHK) RSUs?
The 9,416 restricted stock units will vest one-third each year for three years. This staggered vesting structure encourages longer-term retention and ties compensation to future company and share performance over a multi‑year period.
Why were 48 Mohawk (MHK) restricted stock units cancelled for Mauro Vandini?
The company cancelled 48 restricted stock units for no consideration in connection with recovering erroneously awarded compensation. This reflects the use of compensation recovery, or clawback, provisions when awards are later determined to have been granted in error.