ETD Form 4: 4,221 RSUs Awarded; 921 Shares Withheld for Taxes
Rhea-AI Filing Summary
Amy Franks, EVP, Retail Division at Ethan Allen Interiors Inc. (ETD), reported a grant of 4,221 restricted stock units on 08/06/2025 under the company's Stock Incentive Plan. The units vest ratably over three years, with one-third of the total vesting each year on the anniversary of the grant beginning 08/06/2026. On 08/07/2025 and 08/08/2025, 500 and 421 shares were withheld to cover required tax withholding at closing prices of $29.31 and $29.26, respectively. Following these reported transactions, Ms. Franks beneficially owned 14,800 shares directly. The Form 4 was signed by an attorney-in-fact on 08/08/2025.
Positive
- Grant of 4,221 restricted stock units under the Ethan Allen Interiors Inc. Stock Incentive Plan is explicitly disclosed.
- Vesting schedule disclosed: RSUs vest ratably over three years with one-third vesting each anniversary beginning 08/06/2026.
Negative
- 921 shares were withheld across 08/07/2025 and 08/08/2025 to satisfy tax withholding, reducing direct beneficial ownership.
- Direct beneficial ownership declined to 14,800 shares following the reported withholding transactions.
Insights
TL;DR: Routine executive equity grant and tax-withholding transactions; limited immediate market impact.
The Form 4 discloses a 4,221 restricted stock unit award to Amy Franks and subsequent withholding of 921 shares over two dates to satisfy tax obligations. The RSUs vest ratably over three years starting 08/06/2026, which spreads potential dilution and aligns compensation over time. The withheld shares reduce Ms. Franks' direct holdings to 14,800 shares. These are standard compensation and tax-settlement entries and do not disclose any other material events or changes in control.
TL;DR: Disclosure is clear and complete for an insider award; vesting schedule and withholding are documented.
The filing clearly states the grant was made under the company Stock Incentive Plan and specifies the vesting schedule (one-third annually beginning 08/06/2026). It also documents tax-withholding mechanics with the exact number of shares withheld and the closing prices used on 08/07/2025 and 08/08/2025. The Form 4 is executed via attorney-in-fact, consistent with permitted filing practices. No governance concerns or deviations from standard reporting practices are evident in the submission.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 421 | $29.26 | $12K |
| Tax Withholding | Common Stock | 500 | $29.31 | $15K |
| Grant/Award | Common Stock | 4,221 | $0.00 | -- |
Footnotes (1)
- Grant of restricted stock units under the Ethan Allen Interiors Inc. Stock Incentive Plan; these restricted stock units vest ratably over three years, whereby one-third of the total number of units granted vest each year on the anniversary of the grant date, commencing on August 6, 2026. 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 August 7, 2025. 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 August 8, 2025.
