Repp David Lee 4
Research Summary
AI-generated summary
Mohawk (MHK) SVP David Repp Receives RSU Award; 32 Shares Sold
What Happened
- David Lee Repp, Senior Vice President, Chief Accounting Officer & Corporate Controller at Mohawk Industries (MHK), received an award of 1,044 restricted stock units (RSUs) on 2026-02-27 (acquisition recorded at $0.00). On 2026-02-28, 32 shares were disposed (sold) at $125.27 per share to cover tax withholding, producing proceeds of approximately $4,009. These actions are compensation-related (not an open-market purchase).
Key Details
- Award (A): 1,044 RSUs granted on 2026-02-27, acquisition price reported $0.00.
- Tax withholding (F): 32 shares sold on 2026-02-28 at $125.27 each, proceeds ~$4,009.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: F1 — RSUs vest one-third each year over three years. F2 — the 32-share disposition was to meet tax obligations on vesting.
- Filing timeliness: Form 4 filed 2026-03-03; this appears to be within the required two business days (timely).
Context
- RSU grants are a form of compensation; vesting schedule means the full award vests over time. The small sale (32 shares) was a routine tax-withholding event tied to vesting and should not be interpreted by itself as a buy/sell signal about Mohawk’s outlook.