Ethan Allen CEO stock units vest, tax shares withheld
Ethan Allen’s CEO had performance-based stock units vest into shares, with a portion withheld to satisfy tax obligations and substantial indirect holdings reported.
Rhea-AI Filing Summary
ETHAN ALLEN INTERIORS INC (ETD) reported that Chairman, President & CEO Farooq Kathwari had performance-based stock units earned and vested into 7,973 shares of Common Stock on September 11, 2026. Of these, 7,204 shares were withheld at the same per-share value of $21.93 to cover required tax withholding, with no Rule 10b5-1 plan reported.
Indirect holdings reported include 15,364 shares held by his spouse, 8,549.49 shares in a 401(k) plan, and 88,320 shares held in grandchildren’s trust accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
KATHWARI M FAROOQ
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock F1 | 7,973 | $21.93 | $175K |
| Tax Withholding | Common Stock F2 | 7,204 | $21.93 | $158K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,466,299 shares (Direct);
Common Stock — 15,364 shares (Indirect, Shares held by spouse);
Common Stock — 8,549.49 shares (Indirect, Shares held in 401(k) plan);
Common Stock — 88,320 shares (Indirect, Grandchildren's trust accounts)
Footnotes (2)
- F1. Represents the number of performance-based stock units, previously granted on August 8, 2023, that were earned and subsequently vested and issued on September 11, 2026.
- F2. Represents the number of shares withheld at vesting to cover required tax withholding. The fair market value of the Ethan Allen Interiors Inc. common stock, used for the purposes of calculating the number of shares to be withheld, was the closing price of Ethan Allen Interiors Inc. common stock as reported on September 11, 2026.
Key Figures
Shares vested from performance-based stock units: 7,973 shares
Shares withheld for tax withholding: 7,204 shares
Per-share value used for tax withholding: $21.93 per share
+3 more
6 metrics
Shares vested from performance-based stock units
7,973 shares
Earned and vested into Common Stock on September 11, 2026
Shares withheld for tax withholding
7,204 shares
Withheld at vesting on September 11, 2026 to cover required tax withholding
Per-share value used for tax withholding
$21.93 per share
Closing price of Ethan Allen Interiors Inc. Common Stock on September 11, 2026
Indirect holdings – spouse
15,364 shares
Common Stock held indirectly through spouse
Indirect holdings – 401(k) plan
8,549.49 shares
Common Stock held in 401(k) plan
Indirect holdings – grandchildren’s trusts
88,320 shares
Common Stock held in grandchildren’s trust accounts
Key Terms
performance-based stock units, tax withholding, closing price
3 terms
performance-based stock units financial
"Represents the number of performance-based stock units, previously granted"
Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.
tax withholding financial
"shares withheld at vesting to cover required tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
closing price financial
"was the closing price of Ethan Allen Interiors Inc. common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award activity did ETD’s CEO report on September 11, 2026?
Farooq Kathwari reported that 7,973 performance-based stock units were earned, vested, and issued as Common Stock on September 11, 2026 at a value of $21.93 per share.
Were the ETD transactions made under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for the transactions disclosed on September 11, 2026.
Does this ETD Form 4 report any open-market stock sales or purchases?
No. The reported activity consists of vesting of performance-based stock units and shares withheld for tax withholding; there are no open-market purchases or sales disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
