Arhaus CMO exercises RSUs, boosts share holdings
Arhaus, Inc. Chief Marketing Officer Jennifer E. Porter exercised Restricted Stock Units that converted into 2,339 shares of Class A Common Stock.
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Rhea-AI Filing Summary
Arhaus, Inc. Chief Marketing Officer Jennifer E. Porter exercised Restricted Stock Units that converted into 2,339 shares of Class A Common Stock. Of these, 681 shares were withheld by the company to cover income tax obligations linked to the vesting. As a result, her direct holdings increased on a net basis, with 478,377 shares of Class A Common Stock reported as directly owned after the transactions. These events reflect routine equity compensation vesting tied to her continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,339 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,339 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 681 | $7.40 | $5K |
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 equally on the first, second, and third anniversaries of the transaction date (March 10, 2023).
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Arhaus (ARHS) report for Jennifer E. Porter?
What are the vesting terms of Jennifer E. Porter’s Arhaus (ARHS) RSUs?
Does Jennifer E. Porter’s Arhaus (ARHS) Form 4 show any open-market buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.