Mohawk (MHK) President Paul De Cock Receives 14,906 RSU Award

What Happened Paul F. De Cock, President and COO of Mohawk Industries (MHK), received a grant of 14,906 restricted stock units (RSUs) on 2026-02-27 (transaction code A). To cover tax withholding on vesting, 708 shares were disposed on 2026-02-28 at $125.27 per share, generating $88,691 (transaction code F). On 2026-03-02, the company cancelled 117 RSUs for no consideration (transaction code J) as recovery of erroneously awarded compensation.

Key Details

• Grant date: 2026-02-27 — 14,906 RSUs granted (price reported $0.00; standard award).
• Tax withholding sale: 2026-02-28 — 708 shares sold at $125.27 each for $88,691 to satisfy tax obligations.
• Cancellation: 2026-03-02 — 117 RSUs canceled for no consideration (recovery of erroneous award).
• Vesting: RSUs vest one‑third each year over three years (per footnote).
• Shares owned after the transactions: not reported in the provided filing.
• Filing date: Form 4 filed 2026-03-03 — appears to be filed within the normal two-business-day window.

Context RSUs are a compensation award that convert to shares on vesting; the 14,906 grant is a compensation (not an open-market purchase). The 708-share sale was a routine tax‑withholding disposal (F) rather than a discretionary sale of additional shares. The 117‑RSU cancellation reflects the company recovering an erroneous award and does not reflect a market sale. These types of grant, withholding and correction transactions are common and do not by themselves indicate the insider’s broader market view.