Arhaus (ARHS) CFO awarded performance and restricted stock units
Rhea-AI Filing Summary
Lee Michael Alan reported acquisition or exercise transactions in this Form 4 filing.
Arhaus, Inc. disclosed that Chief Financial Officer Michael Alan Lee received equity-based compensation awards on April 15, 2026. He was granted 39,782 Performance Share Units, each representing a contingent right to one share of Class A Common Stock, tied to a three-year performance period from January 1, 2026 to December 31, 2028. Depending on achievement of performance goals, the actual PSUs earned can range from 0% to 200% of this target amount and will vest on December 31, 2028, subject to continuous employment and Compensation Committee determination. He was also granted 39,783 Restricted Stock Units, each representing a contingent right to one share of Class A Common Stock, vesting in three equal annual installments on the first, second, and third anniversaries of April 15, 2026, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 39,782 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 39,783 | $0.00 | -- |
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).