How do the Performance Share Units for Arhaus (ARHS) vest and pay out?

The 150,000 Performance Share Units vest on December 31, 2028, after a three-year performance period starting January 1, 2026. The Compensation Committee then determines how many units are earned, and payout can range from 0% to 200% of the target based on performance.

What conditions affect Michael Rengel’s Performance Share Units at Arhaus (ARHS)?

Each Performance Share Unit depends on both Arhaus’s achievement of specified performance criteria over 2026–2028 and Mr. Rengel’s continuous employment. Depending on actual results, he may earn between 0% and 200% of the 150,000 target units reported.

What does each Performance Share Unit and RSU represent for Arhaus (ARHS)?

Each Performance Share Unit and each Restricted Stock Unit represents a contingent right to receive one share of Arhaus Class A Common Stock. Delivery of shares depends on meeting performance goals for PSUs and on continued service for RSUs.

Arhaus (ARHS) CMO receives 300,000 PSUs and RSUs tied to performance

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Rengel Michael reported acquisition or exercise transactions in this Form 4 filing.

Arhaus, Inc. Chief Merchandising Officer Michael Rengel received new equity awards tied to future performance and continued service. He was granted 150,000 Performance Share Units, each representing a potential share of Class A Common Stock. These PSUs cover a three-year performance period from January 1, 2026 through December 31, 2028. The actual shares earned can range from 0% to 200% of the 150,000 target units based on the company’s performance, and they vest on December 31, 2028, with payout determined afterward by the Compensation Committee. He also received 150,000 Restricted Stock Units, each representing one potential share of Class A Common Stock. The RSUs vest in three equal annual installments on the first, second, and third anniversaries of April 15, 2026, as long as he remains in continuous service with the company.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Rengel Michael

Role Chief Merchandising Officer

Type	Security	Shares	Price	Value
Grant/Award	Performance Share Units	150,000	$0.00	--
Grant/Award	Restricted Stock Units	150,000	$0.00	--

Holdings After Transaction: Performance Share Units — 150,000 shares (Direct); Restricted Stock Units — 150,000 shares (Direct)

Footnotes (1)

Each Performance Share Unit ("PSU") represents a contingent right to receive one share of Class A Common Stock, subject to the achievement of applicable performance criteria over a three-year performance period beginning January 1, 2026 and ending on December 31, 2028. The target number of PSUs is reported in Column 5. The number of shares to be earned and issued may be 0%-200% of the target number of PSUs depending on actual performance. Subject to the Reporting Person's continuous employment with the Issuer, the PSUs granted vest on December 31, 2028, but the PSUs will not settle and payout until the number of PSUs earned is determined by the Issuer's Compensation Committee based on the Company's achievement of performance goals. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock, subject to the Reporting Person's continuous service to the Issuer. Subject to the Reporting Person's continuous service to the Issuer, the RSUs vest pro rata on the first, second, and third anniversaries of the transaction date (April 15, 2026).

Key Figures

Performance Share Units granted: 150,000 units PSU performance range: 0%–200% of target PSU performance period: January 1, 2026–December 31, 2028 +3 more

6 metrics

Performance Share Units granted 150,000 units Target PSUs granted on April 15, 2026

PSU performance range 0%–200% of target Shares earned depend on 2026–2028 performance

PSU performance period January 1, 2026–December 31, 2028 Three-year period for measuring performance goals

PSU vesting date December 31, 2028 Vesting subject to continuous employment and performance review

Restricted Stock Units granted 150,000 units RSUs granted on April 15, 2026

RSU vesting schedule 3 equal annual installments Vest on first, second, and third anniversaries of April 15, 2026

Key Terms

Performance Share Unit, Restricted Stock Unit, three-year performance period, pro rata, +1 more

5 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

three-year performance period financial

"subject to the achievement of applicable performance criteria over a three-year performance period beginning January 1, 2026 and ending on December 31, 2028"

pro rata financial

"the RSUs vest pro rata on the first, second, and third anniversaries of the transaction date"

Pro rata means dividing or distributing something proportionally based on a specific factor, such as ownership or contribution. For example, if an investor owns 10% of a company, they would receive 10% of any dividends or benefits allocated. This approach ensures everyone gets their fair share relative to their stake or input, helping investors understand how benefits, costs, or responsibilities are fairly shared.

Compensation Committee financial

"payout until the number of PSUs earned is determined by the Issuer's Compensation Committee based on the Company's achievement of performance goals"

A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 04:56 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rengel Michael

(Last)

(First)

(Middle)

C/O ARHAUS, INC.

51 E. HINES HILL ROAD

(Street)

BOSTON HEIGHTS

OHIO

44236

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Arhaus, Inc. [ ARHS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Merchandising Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Share Units	⁽¹⁾	04/15/2026		A		150,000		⁽²⁾	12/31/2028	Class A Common Stock	150,000	$0	150,000	D
Restricted Stock Units	⁽³⁾	04/15/2026		A		150,000		⁽⁴⁾	⁽⁴⁾	Class A Common Stock	150,000	$0	150,000	D

Explanation of Responses:

1. Each Performance Share Unit ("PSU") represents a contingent right to receive one share of Class A Common Stock, subject to the achievement of applicable performance criteria over a three-year performance period beginning January 1, 2026 and ending on December 31, 2028. The target number of PSUs is reported in Column 5. The number of shares to be earned and issued may be 0%-200% of the target number of PSUs depending on actual performance.

2. Subject to the Reporting Person's continuous employment with the Issuer, the PSUs granted vest on December 31, 2028, but the PSUs will not settle and payout until the number of PSUs earned is determined by the Issuer's Compensation Committee based on the Company's achievement of performance goals.

3. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock, subject to the Reporting Person's continuous service to the Issuer.

4. Subject to the Reporting Person's continuous service to the Issuer, the RSUs vest pro rata on the first, second, and third anniversaries of the transaction date (April 15, 2026).

Remarks:

	/s/ Christian Sedor, Attorney-in-Fact	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What equity awards did Arhaus (ARHS) grant to Michael Rengel?

Arhaus granted Chief Merchandising Officer Michael Rengel 150,000 Performance Share Units and 150,000 Restricted Stock Units. Each unit represents a contingent right to receive one share of Class A Common Stock, subject to performance goals or continued service conditions.

How do the Restricted Stock Units for Arhaus (ARHS) vest for Michael Rengel?

The 150,000 Restricted Stock Units vest in three equal installments on the first, second, and third anniversaries of April 15, 2026. Vesting is contingent on Mr. Rengel’s continuous service to Arhaus through each applicable vesting date.

Are the Arhaus (ARHS) equity awards to Michael Rengel open-market purchases or sales?

No. The Form 4 shows grant or award acquisitions of Performance Share Units and Restricted Stock Units. These are compensation-related awards from Arhaus, not open-market stock purchases or sales by Mr. Rengel.