Arhaus (ARHS) awards new PSUs and RSUs to Chief Retail Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VELTRI KATHY E reported acquisition or exercise transactions in this Form 4 filing.
Arhaus, Inc. granted Chief Retail Officer Kathy E. Veltri 39,782 Performance Share Units and 39,783 Restricted Stock Units tied to Class A Common Stock. The PSUs cover a three-year performance period from January 1, 2026 to December 31, 2028, with actual shares earned ranging from 0%-200% of the target based on performance. PSU vesting on December 31, 2028 and payout depend on the Compensation Committee’s determination of performance results and her continued employment. The RSUs vest in three equal annual installments on the first, second, and third anniversaries of April 15, 2026, subject to her continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
VELTRI KATHY E
Role
Chief Retail Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 39,782 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 39,783 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 39,782 shares (Direct);
Restricted Stock Units — 39,783 shares (Direct)
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).
Key Figures
Performance Share Units granted: 39,782 units
Restricted Stock Units granted: 39,783 units
PSU performance period: January 1, 2026 to December 31, 2028
+3 more
6 metrics
Performance Share Units granted
39,782 units
Target PSUs granted on April 15, 2026, expiring December 31, 2028
Restricted Stock Units granted
39,783 units
RSUs granted on April 15, 2026 with three-year pro rata vesting
PSU performance period
January 1, 2026 to December 31, 2028
Three-year period used to assess PSU performance criteria
PSU payout range
0%-200% of target
Range of PSUs earned based on company performance against goals
PSU vesting date
December 31, 2028
PSUs vest subject to continuous employment through this date
RSU vesting schedule
Three annual tranches
RSUs vest on first, second, and third anniversaries of April 15, 2026
Key Terms
Performance Share Units, Restricted Stock Unit, three-year performance period, Compensation Committee, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
three-year performance period financial
"subject to the achievement of applicable performance criteria over a three-year performance period beginning January 1, 2026 and ending on December 31, 2028"
Compensation Committee financial
"until the number of PSUs earned is determined by the Issuer's Compensation Committee based on the Company's achievement of performance goals"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
continuous service financial
"Subject to the Reporting Person's continuous service to the Issuer, the RSUs vest pro rata on the first, second, and third anniversaries"
FAQ
What equity awards did Arhaus (ARHS) grant to Kathy E. Veltri?
Arhaus granted Kathy E. Veltri 39,782 Performance Share Units and 39,783 Restricted Stock Units, each representing a contingent right to receive one share of Class A Common Stock, subject to performance goals and continued service-based vesting conditions.
What performance range applies to Kathy Veltri’s Arhaus (ARHS) PSUs?
The number of shares earned from the Performance Share Units may range from 0%-200% of the 39,782 target units. The actual outcome depends on Arhaus’s achievement of specified performance criteria during the defined three-year performance period.
How do the Restricted Stock Units granted by Arhaus (ARHS) vest?
The 39,783 Restricted Stock Units vest in three equal installments on the first, second, and third anniversaries of April 15, 2026. Vesting is conditioned on Kathy E. Veltri’s continuous service to Arhaus through each applicable vesting date.
What does each Arhaus (ARHS) PSU or RSU represent for Kathy Veltri?
Each Performance Share Unit or Restricted Stock Unit represents a contingent right to receive one share of Arhaus Class A Common Stock. Delivery of shares depends on satisfying performance criteria for PSUs and continuous service-based vesting for both PSUs and RSUs.
Who determines PSU payouts under Arhaus (ARHS) performance awards?
Arhaus’s Compensation Committee determines how many Performance Share Units are earned. After the three-year performance period ending December 31, 2028, the committee assesses company performance against goals, which drives the final number of PSUs that settle into Class A Common Stock.