Arhaus (ARHS) awards new PSUs and RSUs to Chief Retail Officer
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 39,782 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 39,783 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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
Key Terms
Restricted Stock Unit financial
three-year performance period financial
Compensation Committee financial
continuous service financial
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