Arhaus (ARHS) CMO settles 9,255 PSUs with tax shares withheld
Rhea-AI Filing Summary
Arhaus, Inc. Chief Marketing Officer Jennifer E. Porter settled a performance-based equity award and increased her direct common stock holdings. On March 16, 2026, she exercised 9,255 Performance Share Units, each representing one share of Class A Common Stock, following certification that performance criteria for the January 1, 2023 to December 31, 2025 period were achieved and with unearned PSUs expiring.
From the 9,255 shares issued, 2,694 shares of Class A Common Stock were withheld by Arhaus to cover income tax obligations related to the net settlement, a non-market tax-withholding disposition. After these transactions, Porter directly holds 555,838 shares of Class A Common Stock, reflecting a routine compensation-related equity settlement rather than an open-market trade.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 9,255 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 9,255 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,694 | $7.33 | $20K |
Footnotes (3)
- F1. Reflects the settlement of Performance Share Units ("PSUs") granted to the Reporting Person on March 10, 2023, such PSUs were earned based on the achievement of applicable performance criteria over a three-year performance period beginning January 1, 2023 and ending on December 31, 2025, as certified by the Issuer's Compensation Committee. The unearned PSUs expired in accordance with their terms.
- F2. Each PSU represents a contingent right to receive one share of Class A Common Stock.
- F3. 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 PSUs.
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