Arhaus (ARHS) CAO settles PSUs, holds 5,955 common shares
Rhea-AI Filing Summary
Arhaus, Inc. Chief Accounting Officer Christian Sedor settled previously granted performance share units into Class A common stock. On March 16, he exercised 376 performance share units granted on March 10, 2023, which were earned over a three-year performance period from January 1, 2023 to December 31, 2025 as certified by the Compensation Committee. Of the resulting shares, 110 were withheld by Arhaus to cover income tax obligations, leaving Sedor with 5,955 shares of Class A common stock held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 266 shares
Net Buy
3 txns
Insider
Sedor Christian
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 376 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 376 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 110 | $7.33 | $806.30 |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Class A Common Stock — 5,955 shares (Direct)
Footnotes (3)
- F1. Reflects the settlement of Performance Share Units ("PSUs") granted to the Reporting Person on March 10, 2023, such PSUs were earned based on the achievement of applicable performance criteria over a three-year performance period beginning January 1, 2023 and ending on December 31, 2025, as certified by the Issuer's Compensation Committee. The unearned PSUs expired in accordance with their terms.
- F2. Each PSU represents a contingent right to receive one share of Class A Common Stock.
- F3. Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of the PSUs.
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FAQ
What insider transaction did Arhaus (ARHS) report for Christian Sedor?
Arhaus reported that Chief Accounting Officer Christian Sedor settled performance share units into common stock. He exercised 376 performance share units on March 16, receiving Class A shares, with part of the award used to cover tax obligations through share withholding.