Ethan Allen CEO sells 23,874 shares at $25.04
Rhea-AI Filing Summary
ETHAN ALLEN INTERIORS INC (ETD) reported that Chairman, President & CEO M. Farooq Kathwari sold a total of 23,874 shares of common stock on September 2, 2026, at $25.04 per share, including direct and trust-held shares, under a pre-arranged Rule 10b5-1 stock selling plan adopted on June 10, 2025. Following these sales, he held 1,465,530 shares directly, plus additional indirect holdings through family trusts, spouse holdings, and a 401(k) plan. A related 16,726-share sale by the Irfan Kathwari Foundation was also executed under the same Rule 10b5-1 plan, which he is deemed to beneficially own but with no reportable pecuniary interest.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 23,874 shares
Net Sell
7 txns
Insider
KATHWARI M FAROOQ
Role
Chairman, President & CEO
Sold
23,874 shs ($598K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 22,811 | $25.04 | $571K |
| Sale | Common Stock F1 | 266 | $25.04 | $7K |
| Sale | Common Stock F1 | 266 | $25.04 | $7K |
| Sale | Common Stock F1 | 265 | $25.04 | $7K |
| Sale | Common Stock F1 | 266 | $25.04 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,465,530 shares (Direct);
Common Stock — 22,081 shares (Indirect, 2020 Trust FBO Kolhai Gibran Kathwari);
Common Stock — 22,081 shares (Indirect, 2020 Trust FBO Zavier Irfan Kathwari);
Common Stock — 22,077 shares (Indirect, 2020 Trust FBO Samantha Maxime Van Puyenbroeck-Kathwari);
Common Stock — 22,081 shares (Indirect, 2020 Trust FBO Gabriel Alexander Van Puyenbroeck-Kathwari);
Common Stock — 15,364 shares (Indirect, Shares held by spouse);
Common Stock — 8,549 shares (Indirect, Shares held in 401(k) plan)
Footnotes (1)
- F1. This transaction was pursuant to a Rule 10b5-1 stock selling plan adopted on June 10, 2025 by M. Farooq Kathwari, with an effective date of September 15, 2025. This trading plan was previously disclosed in the Issuer's Annual Report on Form 10-K filed on August 22, 2025. In addition, on September 2, 2026, 16,726 shares of Ethan Allen common stock were sold by the Irfan Kathwari Foundation (all of whose shares Mr. Kathwari is deemed to beneficially own, but over which he has no reportable pecuniary interest) pursuant to the above-referenced Rule 10b5-1 stock selling plan.
Key Figures
Shares sold (total): 23,874 shares
Sale price per share: $25.04 per share
Direct holdings after transaction: 1,465,530 shares
+5 more
8 metrics
Shares sold (total)
23,874 shares
Common stock sold by CEO and related trusts on September 2, 2026
Sale price per share
$25.04 per share
Price for all reported sales on September 2, 2026
Direct holdings after transaction
1,465,530 shares
Common stock held directly by CEO after September 2, 2026 sales
Trust holdings after transaction
22,081 or 22,077 shares per trust
Common stock held by each of four 2020 family trusts after sales
Spouse holdings
15,364 shares
Common stock held indirectly through spouse as of September 2, 2026
401(k) plan holdings
8,549 shares
Common stock held in 401(k) plan as of September 2, 2026
Irfan Kathwari Foundation sale
16,726 shares
Ethan Allen common shares sold by the foundation on September 2, 2026
Rule 10b5-1 plan adoption date
June 10, 2025
Adoption date of the CEO’s stock selling plan
Key Terms
Rule 10b5-1, stock selling plan, beneficially own, pecuniary interest, +1 more
5 terms
Rule 10b5-1 regulatory
"This transaction was pursuant to a Rule 10b5-1 stock selling plan adopted"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
stock selling plan financial
"pursuant to a Rule 10b5-1 stock selling plan adopted on June 10, 2025"
beneficially own financial
"all of whose shares Mr. Kathwari is deemed to beneficially own"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"but over which he has no reportable pecuniary interest"
Irfan Kathwari Foundation financial
"16,726 shares of Ethan Allen common stock were sold by the Irfan Kathwari Foundation"
FAQ
What insider transaction did ETD report for CEO M. Farooq Kathwari?
ETD reported that CEO M. Farooq Kathwari sold 23,874 shares of Ethan Allen common stock on September 2, 2026, at $25.04 per share, including direct and trust-held shares, pursuant to a pre-arranged Rule 10b5-1 stock selling plan.
Were the ETD insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were made under a Rule 10b5-1 stock selling plan adopted on June 10, 2025, with an effective date of September 15, 2025. The plan had been previously disclosed in the company’s Annual Report on Form 10-K.
What is the Irfan Kathwari Foundation’s role in the ETD Form 4 filing?
The footnote explains that on September 2, 2026, the Irfan Kathwari Foundation sold 16,726 ETD shares under the same Rule 10b5-1 plan. Mr. Kathwari is deemed to beneficially own these shares but has no reportable pecuniary interest in them.
AI-generated analysis. How Rhea-AI works. Not financial advice.
