Arhaus CEO Reed’s trust converts 222,230 shares
The trust's Class B shares could be converted into an equal number of Class A shares at the holder's election or automatically under the issuer's certificate terms.
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Rhea-AI Filing Summary
Arhaus, Inc. CEO and Chairman John P. Reed reported that The John P Reed Trust dated April 29, 1985, as amended and restated, converted 222,230 Class B Common Stock shares into 222,230 Class A Common Stock shares on October 29, 2026. The trust held 263,230 Class A shares after the conversion.
Reed directly held 2,982,988 Class B Common Stock shares, convertible into an equal number of Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F2, F1 | 222,230 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 222,230 | $0.00 | $0.00 |
| Holding | Class B Common Stock F2 | -- | -- | -- |
| Holding | Class A Common Stock | -- | -- | -- |
| Holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Held by The John P Reed Trust dated 04/29/1985, as amended and restated, of which the Reporting Person is trustee.
- F2. Class B Common Stock is convertible into an equal number of shares of Class A Common Stock at any time, at the holder's election, and it is automatically convertible upon the terms and conditions set forth in the Issuer's Amended and Restated Certificate of Incorporation, and has no expiration date.
Key Figures
Key Terms
convertible technical
holder's election technical
automatically convertible technical
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