WELLBORN CHISTOPHER 4

What Happened

• Christopher Wellborn, a director of Mohawk Industries (MHK), received restricted stock unit (RSU) awards and had a small number of shares sold to satisfy tax withholding. The filing shows RSU grants of 5,454 shares (2/27/2026) and 364 shares (3/1/2026) at $0.00, a disposition of 1,179 shares on 2/28/2026 sold at $125.27 for proceeds of $147,693 (tax withholding), and a cancellation of 465 RSUs on 3/2/2026 for no consideration.

Key Details

• Transaction dates and amounts:
  • 2026-02-27: Award of 5,454 RSUs (acquisition, $0.00).
  • 2026-02-28: Sale/withholding of 1,179 shares at $125.27 each, proceeds $147,693 (to satisfy taxes).
  • 2026-03-01: Award of 364 RSUs (acquisition, $0.00).
  • 2026-03-02: Cancellation of 465 RSUs (disposed, $0.00) due to recovery of erroneously awarded compensation.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • RSUs vest 1/3 each year over three years.
  • The 1,179-share disposition was to meet tax obligations upon vesting (routine withholding).
  • 465 RSUs were cancelled by the issuer for no consideration as recovery of an erroneous award.
• Filing timing: Form filed 2026-03-03 for transactions dated 2026-02-27 through 2026-03-02; the filing date is shown but no explicit late-filing flag is provided in the excerpt.

Context

• These entries are primarily award grants and a routine tax-withholding sale rather than an open-market investment or directional trade. RSU grants are compensation; the sale reflects standard withholding on vesting. The cancellation is an administrative recovery of mistakenly awarded RSUs and does not imply market action by the insider.