Form 4: Mohawk Industries Director Suzanne Helen Sells 1,800 Shares

Suzanne Helen, a director at Mohawk Industries, sold 1,800 shares of common stock at an average price of $111.74 on June 14, 2024.

Summary

• On June 14, 2024, Suzanne Helen, a director at Mohawk Industries, sold 1,800 shares of the company's common stock.
• The sale was executed at a weighted average price of $111.74 per share, with individual transaction prices ranging from $111.66 to $111.88.
• Following the transaction, Helen directly owns no shares but indirectly owns 122,369 shares through a PASTrust, 4,453 shares through SLH Fund LP, and 141,646 shares through a Family Ltd Partnership.
• Helen disclaims beneficial ownership of shares held by the limited partnership to the extent that she does not have a pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares.

Management Comments

• Reporting Person may be considered part of a 'group' with certain family members holding issuer shares; however, Reporting Person disclaims existence of such a 'group' and disclaims beneficial ownership of any shares not reported herein.
• Reporting Person is one of three family members who share equal control over the general partner of this limited partnership.
• Reporting Person disclaims beneficial ownership in the number of shares held by the limited partnership to the extent that she does not have a pecuniary interest.

Industry Context

Insider trading activity is closely monitored by investors as it can provide insights into a company's performance and future prospects. Form 4 filings are a routine part of this monitoring process.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the amount is relatively small compared to the total outstanding shares.
• The filing provides transparency to the market regarding insider transactions.

Key Dates