Arhaus (ARHS) executive exercises 50K RSUs and increases share holdings
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,000 shares exercised/converted
Mixed
3 txns
Insider
VELTRI KATHY E
Role
Chief Retail Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 50,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 50,000 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 14,550 | $7.06 | $103K |
Holdings After Transaction:
Restricted Stock Units — 150,000 shares (Direct);
Class A Common Stock — 498,236 shares (Direct)
Footnotes (1)
- 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. 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. 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
What insider transaction did Arhaus (ARHS) report for Kathy E. Veltri?
Arhaus reported that Chief Retail Officer Kathy E. Veltri exercised 50,000 Restricted Stock Units into Class A Common Stock. These RSUs converted at a stated price of $0.00 per share, reflecting equity compensation rather than an open-market purchase or sale.
What does the RSU vesting schedule look like for Arhaus (ARHS) executive awards?
The RSUs vest pro rata on the first, second, third and fourth anniversaries of March 12, 2025. Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock, subject to the executive’s continuous service with Arhaus.
Was the Arhaus (ARHS) Form 4 a market buy or sell by the executive?
The filing reflects an RSU exercise and tax withholding, not an open-market trade. Shares were acquired through conversion of Restricted Stock Units, with a portion withheld by Arhaus to cover income tax obligations associated with this equity compensation.
What type of securities were involved in the Arhaus (ARHS) insider transactions?
The transactions involved Restricted Stock Units and Class A Common Stock of Arhaus. RSUs represent contingent rights to receive common shares, which converted into 50,000 shares that were partially withheld for taxes and partially added to the executive’s direct shareholdings.