MOHAWK INDUSTRIES INC·4

Mar 18, 4:21 PM ET

LORBERBAUM JEFFREY S 4

Research Summary

AI-generated summary

Updated

Mohawk (MHK) CEO Jeffrey S. Lorberbaum Sells Shares

What Happened

Jeffrey S. Lorberbaum, CEO of Mohawk Industries (MHK), reported dispositions to the issuer on March 18, 2026, selling a total of 3,600 shares for roughly $373,217. The filing shows two line items: 3,100 shares at an average price of $103.62 (proceeds $321,222) and 500 shares at $103.99 (proceeds $51,995). These were reported as dispositions (sales) to the issuer.

Key Details

  • Transaction date: 2026-03-18
  • Reported sales:
    • 3,100 shares @ $103.62 = $321,222
    • 500 shares @ $103.99 = $51,995
    • Total shares sold: 3,600; total proceeds: $373,217
  • Footnote: The filing notes the column 4 price is a weighted average; the shares were sold in multiple transactions at prices in the range $102.98 to $103.97 (reporting person can provide a per-price breakdown on request).
  • Transaction code: D (Disposition to the issuer — sold back to the company)
  • Filing timeliness: Reported on 2026-03-18 (same day as the transaction), indicating a timely filing based on the information provided.
  • Shares owned after the transaction: Not specified in the provided filing.

Context

  • These transactions are sales (not purchases or option exercises). Insider sales are common and can occur for many reasons; the filing itself does not explain motivation.
  • The “disposition to the issuer” designation means the shares were transferred/sold to the company rather than sold on the open market. The footnote clarifies the prices covered multiple executions.