Brunk James 4

What Happened
James Brunk, Chief Financial Officer of Mohawk Industries (MHK), had multiple equity transactions reported. On Feb 27, 2026 he was granted 8,292 restricted stock units (RSUs) (no cash paid). Also on Feb 27 he sold 4,175 shares in an open-market sale at $125.59 each for proceeds of $524,338. On Feb 28, 660 shares were disposed at $125.27 each to satisfy tax withholding obligations (proceeds/withholding value $82,678). On Mar 2, 2026 the issuer cancelled 218 RSUs for no consideration as recovery of an erroneously awarded amount. The activity is primarily routine sales and an equity award.

Key Details

• Transaction dates and prices:
  • 2026-02-27: Grant of 8,292 RSUs at $0.00 (award).
  • 2026-02-27: Open-market sale of 4,175 shares at $125.59 — proceeds $524,338.
  • 2026-02-28: 660 shares withheld/disposed at $125.27 — related to tax obligations ($82,678).
  • 2026-03-02: Cancellation of 218 RSUs for no consideration.
• Shares owned after the transactions: not stated in the excerpt of the Form 4 provided.
• Footnotes of note:
  • RSUs vest 1/3 each year over three years (vesting schedule).
  • The 660-share disposition was to meet tax withholding when RSUs vested.
  • 218 RSUs were cancelled to recover an erroneously awarded amount (no cash exchanged).
• Filing timeliness: Form 4 filed Mar 3, 2026; the filing does not indicate a late filing.

Context
RSUs are a grant that converts to shares over a vesting schedule (here, one-third per year for three years). The sale of 4,175 shares was an open-market sale (a routine liquidity event), and the 660-share disposition was a tax-withholding action tied to vesting (not a separate investment decision). Cancellations for recovery of erroneous awards are administrative and do not imply additional cash flow to the insider.