Arhaus CMO exercises 100,000 RSUs for shares
Arhaus, Inc. Chief Marketing Officer Jennifer E Porter exercised restricted stock units to acquire 100,000 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 to acquire 100,000 shares of Class A Common Stock. The company withheld 29,100 shares at $7.06 per share to cover income tax obligations tied to the RSU settlement, which is not an open-market sale. Following these transactions, she directly holds 549,277 Class A shares. Each RSU represents a right to receive one share, subject to her continuous service to the company at vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 100,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 100,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 29,100 | $7.06 | $205K |
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 pro rata on the first, second, third and fourth anniversaries of the transaction date (March 12, 2025).
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 do the Arhaus (ARHS) restricted stock units reported for Jennifer E Porter represent?
Was Jennifer E Porter’s Arhaus (ARHS) tax withholding transaction an open-market sale?
How do Jennifer E Porter’s Arhaus (ARHS) RSUs vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.