[144] Haverty Furniture Companies, Inc. SEC Filing
Rhea-AI Filing Summary
Haverty Furniture Companies, Inc. (HVT) filed a Form 144 notifying the planned sale of 15,000 common shares through Charles Schwab (broker) on the NYSE, with an aggregate market value of $344,400 and an approximate sale date of 08/27/2025. The shares were acquired as a gift on 01/26/2007 from Rawson Haverty Sr. The filing also discloses three recent sales by the same seller in June 2025 totaling 35,000 shares for gross proceeds of $705,501. The issuer's reported number of outstanding shares is 15,046,851, which provides context for the size of the disclosed transactions relative to total shares.
Positive
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Insights
TL;DR: Insider plans to sell 15,000 HVT shares (gifted in 2007); recent June sales totaled 35,000 shares.
The Form 144 indicates compliance with Rule 144 procedures for proposed insider sales. The planned 15,000-share sale at an aggregate value of $344,400 is executed through a registered broker and is accompanied by disclosures of prior June 2025 sales totaling 35,000 shares for $705,501. Relative to the issuer's 15,046,851 outstanding shares, these transactions represent a small percentage of the float, suggesting limited direct dilution or market impact. The document contains the acquisition history (gift) and broker details, enabling market transparency. No financial results, forward-looking statements, or corporate actions are included in this filing.
TL;DR: Proper disclosure of insider sales and gift origin; no mention of material nonpublic information.
The filer affirms they are not aware of undisclosed material adverse information and provides the signature attestation language required by Rule 144. The filing documents the relationship and origin of the shares (gift from Rawson Haverty Sr) and lists the broker and sale dates. For governance assessment, the filing meets routine SEC disclosure requirements but does not include any additional context about trading plans or motivations. This is a standard insider liquidity event rather than a corporate governance change.