Mohawk executive granted 5,594 restricted stock units
Walma Kenneth reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Walma Kenneth reported acquisition or exercise transactions in this Form 4 filing.
Mohawk Industries executive Kenneth Walma, President Flooring NA, received a grant of 5,594 shares of common stock in the form of restricted stock units at a stated price of $0.00 per share. These units will vest in equal installments of one-third each year over three years.
After this award, Walma directly owns 27,936 shares of Mohawk Industries common stock. This transaction reflects equity-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,594 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted stock units that will vest 1/3 each year for 3 years.
FAQ
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What did Mohawk Industries (MHK) report in this Form 4 for Kenneth Walma?
Is the Kenneth Walma Form 4 transaction in Mohawk Industries (MHK) a stock purchase or an award?
What are the vesting terms of Kenneth Walma’s restricted stock units in Mohawk Industries (MHK)?
What does the transaction code on Kenneth Walma’s Mohawk Industries (MHK) Form 4 indicate?
AI-generated analysis. How Rhea-AI works. Not financial advice.