Mohawk (MHK) CEO logs RSU grant, tax share disposal and clawback
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mohawk Industries CEO Jeffrey S. Lorberbaum reported multiple equity changes in Mohawk Industries common stock. On February 27, 2026, he received a grant of 19,387 restricted stock units, which, according to the footnotes, will vest in equal one-third installments each year over three years.
On February 28, 2026, 1,541 shares were disposed of at $125.27 per share to cover tax obligations upon vesting of restricted stock units. On March 2, 2026, 533 restricted stock units were cancelled for no consideration in connection with recovery of erroneously awarded compensation. Following these direct transactions, he directly owned 85,389 shares of common stock and reported additional indirect holdings through several investment and trust entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
LORBERBAUM JEFFREY S
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 533 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,541 | $125.27 | $193K |
| Grant/Award | Common Stock | 19,387 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 85,389 shares (Direct);
Common Stock — 8,132,685 shares (Indirect, Aladdin Partners, LP)
Footnotes (1)
- Restricted stock units that will vest 1/3 each year for 3 years. Disposition related to meeting tax obligations upon vesting of restricted stock units. On March 2, 2026, the Issuer cancelled 533 restricted stock units for no consideration in connection with the Issuer's recovery of erroneously awarded compensation.
FAQ
What equity award did Mohawk Industries (MHK) CEO Jeffrey Lorberbaum report?
Jeffrey Lorberbaum reported a grant of 19,387 restricted stock units in Mohawk Industries common stock. Footnotes state these units vest in three equal annual installments over three years, aligning his compensation with longer-term company performance and continued service.
What does the cancellation of 533 restricted stock units mean for Mohawk (MHK)?
The filing reports cancellation of 533 restricted stock units for no consideration on March 2, 2026. A footnote explains this related to recovery of erroneously awarded compensation, reducing previously granted equity tied to the CEO’s incentive awards.
What indirect Mohawk Industries (MHK) holdings are reported for the CEO?
The Form 4 lists indirect ownership of Mohawk shares through several entities, including Aladdin Partners, LP with 8,132,685 shares and Dalton Fund with 420,668 shares. Additional indirect positions appear in Dalton Partners, JSL Legacy Fund LP, MCL Family Funds Tr, PAS Trust, and a managed account.