Mohawk CEO gets 19,387-share restricted stock award
Mohawk Industries CEO Jeffrey S. Lorberbaum reported multiple equity changes in Mohawk Industries common stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 533 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,541 | $125.27 | $193K |
| Grant/Award | Common Stock | 19,387 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Restricted stock units that will vest 1/3 each year for 3 years.
- F2. Disposition related to meeting tax obligations upon vesting of restricted stock units.
- F3. 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
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What equity award did Mohawk Industries (MHK) CEO Jeffrey Lorberbaum report?
What does the cancellation of 533 restricted stock units mean for Mohawk (MHK)?
What indirect Mohawk Industries (MHK) holdings are reported for the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.