Arhaus executive exercises 50K RSUs
Arhaus, Inc. Chief Retail Officer Kathy E. Veltri reported compensation-related equity activity involving Restricted Stock Units (RSUs).
Rhea-AI Filing Summary
Arhaus, Inc. Chief Retail Officer Kathy E. Veltri reported compensation-related equity activity involving Restricted Stock Units (RSUs). On the transaction date, 50,000 RSUs were exercised into 50,000 shares of Class A Common Stock at a stated price of $0.00 per share. The company withheld 14,550 of those shares, valued at $7.06 per share, to cover income tax obligations, with the remainder added to her direct holdings. Following these transactions, Veltri directly owned 483,686 shares of Class A Common Stock. The RSUs are subject to continuous service and vest pro rata on the first through fourth anniversaries of March 12, 2025.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 50,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 50,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 14,550 | $7.06 | $103K |
Footnotes (3)
- F1. 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 at the time of vesting.
- F2. 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 RSUs.
- F3. Subject to the Reporting Person's continuous service to the Issuer, the RSUs vest pro rata on the first, second, third and fourth anniversaries of the transaction date (March 12, 2025).
FAQ
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What insider transaction did Arhaus (ARHS) report for Kathy E. Veltri?
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