Repp David Lee 4

What Happened
David Lee Repp, SVP, CAO & Corporate Controller of Mohawk Industries (MHK), had a total of 108 shares disposed to satisfy tax withholding obligations when restricted stock units vested. The filing shows 54 shares withheld on 2026-02-21 at $127.00 each ($6,858) and 54 shares withheld on 2026-02-23 at $124.15 each (~$6,704), for a combined value of about $13,562. These were dispositions to meet tax liabilities, not open-market sales for investment purposes.

Key Details

• Transaction dates and prices: 2026-02-21 — 54 shares @ $127.00 ($6,858); 2026-02-23 — 54 shares @ $124.15 (~$6,704).
• Total shares disposed: 108; total value ≈ $13,562.
• Transaction code: F — disposition to satisfy tax withholding on RSU vesting (footnote: "Disposition related to meeting tax obligations upon vesting of restricted stock units.").
• Shares owned after transaction: not specified in the provided Form 4.
• Filing timeliness: Report filed 2026-02-24; appears to be timely (no late-filing flag).

Context
This is a routine "sell-to-cover" style transaction where the company withholds (or the insider transfers) shares to cover taxes on vested restricted stock units. Such tax-withholding dispositions are common and do not necessarily indicate a change in the insider’s view of the company.