HOFT CEO exercises RSUs, withholds shares for taxes
HOOKER FURNISHINGS Corp Chief Executive Officer Jeremy R. Hoff reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
HOOKER FURNISHINGS Corp Chief Executive Officer Jeremy R. Hoff reported equity award activity involving restricted stock units and common shares. On February 20, 2026, he exercised 13,461 Restricted Stock Units (RSUs), converting them into the same number of common shares at a stated price of $0.00 per share as part of an equity award. He then disposed of 4,308 common shares at $14.61 per share to satisfy tax withholding obligations related to this award. Following these transactions, he continued to hold common stock directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 13,461 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,461 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,308 | $14.61 | $63K |
Footnotes (3)
- F1. Each RSU represents a contingent right to receive one share of HOFT common stock.
- F2. On February 20, 2025, the reporting person was granted 40,383 restricted stock units. Each RSU grant vests ratably by entitling the executive officer to receive one third of the grant if he or she remains continuously employed with the Company through the end of each service period that ends February 20, 2026, February 20, 2027, and February 20, 2028, respectively.
- F3. At the direction of the issuer's Compensation Committee, the RSUs may be paid in shares of HOFT common stock, cash (based on the fair market value of a share of HOFT common stock on the date payment is made) or both.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did HOOKER FURNISHINGS (HOFT) report for Jeremy R. Hoff?
Was Jeremy R. Hoff’s Form 4 in HOOKER FURNISHINGS (HOFT) an open-market stock purchase or sale?
How many HOOKER FURNISHINGS (HOFT) RSUs did Jeremy R. Hoff convert to common stock?
What do the HOOKER FURNISHINGS (HOFT) RSU footnotes say about Jeremy R. Hoff’s award?
AI-generated analysis. How Rhea-AI works. Not financial advice.