HOOKER FURNISHINGS CEO exercises 10,892 RSUs
HOOKER FURNISHINGS Corp Chief Executive Officer Jeremy R. Hoff exercised previously granted equity awards and settled related taxes in shares.
Rhea-AI Filing Summary
HOOKER FURNISHINGS Corp Chief Executive Officer Jeremy R. Hoff exercised previously granted equity awards and settled related taxes in shares. On April 10, 2026, he exercised 10,892 restricted stock units, receiving 10,892 shares of common stock. Of these shares, 4,150 were withheld at $15.32 per share to cover tax obligations, leaving him with 42,684 common shares owned directly after the transactions. The RSUs were originally granted on April 10, 2023 and vested in full on April 10, 2026 based on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 10,892 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,892 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,150 | $15.32 | $64K |
Footnotes (3)
- F1. Each RSU represents a contingent right to receive one share of HOFT common stock.
- F2. On April 10, 2023, the reporting person was granted 10,892 restricted stock units, vesting 100% on April 10, 2026 as the reporting person remained continuously employed with the issuer through that date.
- 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.
Key Figures
Key Terms
Restricted Stock Unit (RSU) financial
tax-withholding disposition financial
derivative security financial
Compensation Committee financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HOOKER FURNISHINGS (HOFT) CEO Jeremy Hoff report?
What is the nature of the restricted stock units reported for HOOKER FURNISHINGS (HOFT)?
How were the vested HOOKER FURNISHINGS (HOFT) RSUs for the CEO settled?
Was the HOOKER FURNISHINGS (HOFT) CEO’s Form 4 a market sale or tax withholding?
AI-generated analysis. How Rhea-AI works. Not financial advice.