Patton Rodney David 4

What Happened

• Rodney David Patton, VP Business Strategy at Mohawk Industries (MHK), received a grant of 6,046 restricted stock units (RSUs) on 2026-02-27 (awarded at $0.00).
• To satisfy tax withholding on vesting, 922 shares were disposed on 2026-02-28 at $125.27 each for proceeds of about $115,499. On 2026-03-02 the issuer cancelled 167 RSUs for no consideration related to recovery of erroneously awarded compensation.

Key Details

• Grant: 6,046 RSUs awarded on 2026-02-27 (transaction code A; no cash paid).
• Tax withholding sale: 922 shares disposed on 2026-02-28 at $125.27 per share, total ≈ $115,499 (transaction code F; sale to meet tax obligations).
• Cancellation: 167 RSUs cancelled on 2026-03-02 for no consideration (transaction code J; issuer recovery of erroneously awarded compensation).
• Vesting: RSUs vest one‑third each year over three years (footnote).
• Shares owned after transaction: not specified in the filing excerpt provided.
• Filing date: Form 4 filed 2026-03-03; the report covers the 2026-02-27 grant and subsequent transactions. The filing does not indicate a late‑filing flag in the provided data.

Context

• These RSUs are an award (not an open‑market purchase) and typically reflect compensation, not an explicit buy/sell signal.
• The sale of 922 shares was a tax‑withholding/cashless disposition tied to vesting (routine practice), not an independent open‑market sale for investment purposes.
• The cancellation of 167 RSUs was done by the issuer to recover an erroneously awarded amount; such recoveries correct prior grants and are not market trades.