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Arhaus (ARHS) director receives 832 dividend equivalent rights tied to RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Burgdoerfer Stuart B reported acquisition or exercise transactions in this Form 4 filing.

Arhaus, Inc. director Stuart B. Burgdoerfer received a grant of 832 Dividend Equivalent Rights on March 31, 2026. These rights accrued on unvested Restricted Stock Units and each right is economically equivalent to one share of Arhaus Class A common stock. The grant was recorded at a price of $0.00 per right and represents compensation tied to existing RSU awards rather than an open-market transaction.

Positive

  • None.

Negative

  • None.
Insider Burgdoerfer Stuart B
Role Director
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 832 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 832 shares (Direct)
Footnotes (1)
  1. [object Object]
Dividend Equivalent Rights granted 832 rights Grant on March 31, 2026
Underlying Class A common shares 832 shares Each right equals one share economically
Grant price per right $0.00 per right Compensation-related, not open-market purchase
Total rights after transaction 832 rights Total derivative holdings of this type following grant
Transaction type Grant, award, or other acquisition Form 4 code A, derivative acquisition
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on unvested awards of Restricted Stock Units ("RSUs") outstanding on March 31, 2026"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Restricted Stock Units ("RSUs") financial
"The dividend equivalent rights accrued on unvested awards of Restricted Stock Units ("RSUs") outstanding on March 31, 2026"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"Each dividend equivalent right is the economic equivalent of one share of the Issuer's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Burgdoerfer Stuart B

(Last)(First)(Middle)
C/O ARHAUS, INC.
51 E. HINES HILL ROAD

(Street)
BOSTON HEIGHTS OHIO 44236

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Arhaus, Inc. [ ARHS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights(1)03/31/2026A832 (1) (1)Class A Common Stock832$0832D
Explanation of Responses:
1. The dividend equivalent rights accrued on unvested awards of Restricted Stock Units ("RSUs") outstanding on March 31, 2026 and vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of the Issuer's Class A Common Stock.
Remarks:
Exhibit List Exhibit 24-Power of Attorney
/s/ Christian Sedor, Attorney-in-Fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Arhaus (ARHS) report for Stuart B. Burgdoerfer?

Arhaus reported that director Stuart B. Burgdoerfer received a grant of 832 Dividend Equivalent Rights on March 31, 2026. These rights accrued on his unvested RSU awards and are compensation-related, not open-market purchases or sales of Arhaus Class A common stock.

What are Dividend Equivalent Rights in the Arhaus (ARHS) Form 4 filing?

Dividend Equivalent Rights are compensation instruments that mirror dividends on underlying shares. For Arhaus, each of the 832 rights granted is economically equivalent to one share of Class A common stock and vests proportionately with the related unvested Restricted Stock Units outstanding on March 31, 2026.

Did Stuart B. Burgdoerfer buy or sell Arhaus (ARHS) stock in this Form 4?

No open-market buy or sell occurred in this filing. Burgdoerfer received 832 Dividend Equivalent Rights as a grant related to unvested Restricted Stock Units, recorded at a price of $0.00 per right, which reflects equity-based compensation rather than a market trade in Arhaus shares.

How many Dividend Equivalent Rights were granted to the Arhaus (ARHS) director?

The director received 832 Dividend Equivalent Rights. Each right corresponds economically to one share of Arhaus Class A common stock and will vest on the same schedule and in the same proportions as the associated unvested Restricted Stock Units noted as outstanding on March 31, 2026.

How do the Dividend Equivalent Rights for Arhaus (ARHS) vest over time?

The 832 Dividend Equivalent Rights vest proportionately with the underlying Restricted Stock Units. As each RSU tranche vests, the associated rights vest as well, maintaining economic equivalence to Arhaus Class A common stock dividends over the RSU vesting period starting from March 31, 2026.