Arhaus (ARHS) CFO awarded 20,649 dividend equivalent rights tied to RSUs

Rhea-AI Filing Summary

Lee Michael Alan reported acquisition or exercise transactions in this Form 4 filing.

Arhaus, Inc. Chief Financial Officer Michael Alan Lee received a grant of 20,649 dividend equivalent rights linked to unvested Restricted Stock Units as of March 31, 2026. Each right is the economic equivalent of one share of Class A common stock and will vest proportionately with the underlying RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lee Michael Alan

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	20,649	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 20,649 shares (Direct)

Footnotes (1)

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Key Figures

Dividend equivalent rights granted: 20,649 rights Price per right: $0.0000 Rights held after transaction: 20,649 rights +1 more

4 metrics

Dividend equivalent rights granted 20,649 rights Grant to CFO on March 31, 2026

Price per right $0.0000 Grant price for dividend equivalent rights

Rights held after transaction 20,649 rights Total dividend equivalent rights following grant

Underlying Class A shares 20,649 shares equivalent Each right equals one share of Class A common stock

Key Terms

Dividend Equivalent Rights, Restricted Stock Units ("RSUs"), Class A Common Stock, Grant, award, or other acquisition

4 terms

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""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Lee Michael Alan

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	03/31/2026		A		20,649		(1)	(1)	Class A Common Stock	20,649	$0	20,649	D

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:

	/s/ Christian Sedor, Attorney-in-Fact	04/02/2026
	** Signature of Reporting Person	Date
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 its CFO?

Arhaus reported that CFO Michael Alan Lee received 20,649 dividend equivalent rights on March 31, 2026. These rights were granted at no cash cost and are tied to his unvested Restricted Stock Units, representing additional equity-based compensation.

What are dividend equivalent rights in the Arhaus (ARHS) Form 4 filing?

Dividend equivalent rights give the holder economic value equal to common stock dividends without issuing shares immediately. For Arhaus, each right is the economic equivalent of one Class A common share and vests over time with the related RSUs already outstanding.

How many Arhaus (ARHS) dividend equivalent rights were granted to the CFO?

The Arhaus CFO received 20,649 dividend equivalent rights in this transaction. After the grant, he held 20,649 such rights directly, each corresponding economically to one share of Arhaus Class A common stock, subject to vesting with the underlying RSUs.

Do the Arhaus (ARHS) dividend equivalent rights vest immediately?

The dividend equivalent rights do not vest immediately. They vest proportionately with the unvested Restricted Stock Units to which they relate, meaning the CFO’s economic rights to these units increase only as the associated RSUs themselves vest over time.

Does the Arhaus (ARHS) CFO pay a price for these dividend equivalent rights?

No cash price is paid for these dividend equivalent rights. The Form 4 shows a transaction price per right of 0.0000, indicating they are part of compensation rather than a market purchase, and they track dividends on Arhaus Class A common stock as they vest.