Brunk James 4
Research Summary
AI-generated summary
Mohawk (MHK) Former CFO James Brunk Receives Award, Sells Shares
What Happened
- James Brunk, former CFO and now special advisor to Mohawk Industries (MHK), was granted 9,090 restricted stock units (RSUs) on 2026-04-01 (reported on Form 4). On the same date, 1,213 shares were withheld/disposed at $99.45 per share to satisfy tax withholding obligations, producing proceeds/value of $120,633. The RSU grant is recorded at $0.00 per share (typical for compensation awards).
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely).
- Grant/acquisition: 9,090 RSUs (transaction code A) recorded at $0.00.
- Disposition/tax withholding: 1,213 shares disposed (transaction code F) at $99.45 — $120,633 indicated.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — RSUs vest one-half each year over two years. F2 — the disposition was to meet tax obligations upon vesting of the RSUs.
- Filing appears routine and related to compensation vesting rather than an open-market investment or sale for non-tax reasons.
Context
- These RSUs represent compensation that vests over time; the partial share disposition was a tax-withholding action (common in RSU vesting) rather than an outright market-directed sale for investment purposes. Such transactions are typically routine and do not, by themselves, indicate insider sentiment about the company's prospects.