STOCK TITAN

Haverty (NYSE: HVT) chair shifts holdings between Common and Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HAVERTY FURNITURE COMPANIES INC Executive Chairman Clarence H. Smith reported an internal share exchange between stock classes. On March 17, 2026, he exchanged 700 shares of Common Stock for 700 shares of Class A Common Stock at a stated price of $0.00 per share, classified as an “other acquisition or disposition.”

After this restructuring, he directly holds 89,385 shares of Common Stock and 125,236 shares of Class A Common Stock. He also reports multiple equity awards and deferred units, including performance restricted stock units and restricted stock units such as 13,553 underlying shares from a 2024 PRSU award, plus phantom stock deferred under a directors’ compensation plan.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SMITH CLARENCE H

(Last)(First)(Middle)
780 JOHNSON FERRY RD.
SUITE 800

(Street)
ATLANTA GEORGIA 30342

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HAVERTY FURNITURE COMPANIES INC [ HVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)XOther (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/17/2026J(1)700D$089,385D
Class A Common Stock03/17/2026J(1)700A$0125,236D
Common Stock7,850IBy Georgia Limited Partnership
Common Stock29,689IBy Spouse
Class A Common Stock1,950IBy Spouse
Class A Common Stock603,497IBy Villa Clare, LP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
PRSUs 2024(2) (2) (2)Common Stock13,55313,553D
PRSUs 2025(3) (3) (3)Common Stock15,90315,903D
PRSUs 2025.1(4) (4) (4)Common Stock3,2243,224D
RSUs 2023(5) (5) (5)Common Stock2,6482,648D
RSUs 2024(6) (6) (6)Common Stock5,5905,590D
RSUs 2025(7) (7) (7)Common Stock3,7633,763D
RSUs 2026(8) (8) (8)Common Stock2,4242,424D
Phantom Stock$0 (9) (9)Common Stock6,8706,870D
Explanation of Responses:
1. This transaction represents an exchange of Common Stock for Class A Common Stock.
2. Performance Restricted Stock Units ("PRSU") award granted 01/25/2024. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on EBITDA for the year ended December 31, 2024, and will vest on February 28, 2027.
3. Performance Restrict Stock Units ("PRSU") award granted 01/22/2025. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on EBITDA for the year ended December 31, 2025 and will vest on February 28, 2028.
4. Performance Restrict Stock Units ("PRSU") award granted 01/22/2025. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on consolidated sales for the year ended December 31, 2025 and will vest on February 28, 2028.
5. Restricted Stock Units granted 1/26/2023 and vest ratably over 3 years beginning 5/8/2024. Each RSU is equivalent to one share of common stock upon vesting.
6. Restricted Stock Units granted 1/25/2024 and vest ratably over 3 years beginning 5/8/2025. Each RSU is equivalent to one share of common stock upon vesting.
7. Restricted Stock Units granted 1/23/2025 and vest ratably over 3 years beginning 5/8/2026. Each RSU is equivalent to one share of common stock upon vesting.
8. Restricted Stock Units granted 1/22/2026 and vest ratably over 3 years beginning 5/8/2027. Each RSU is equivalent to one share of common stock upon vesting.
9. Deferred under Directors' Deferred Compensation Plan. Settlement will occur as prescribed by the elections under the Plan.
Belinda J. Clements, Attorney-in-Fact03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Clarence H. Smith report for HVT on March 17, 2026?

Clarence H. Smith reported an internal exchange of 700 shares of Common Stock for 700 shares of Class A Common Stock. The transaction was coded as “J,” an other acquisition or disposition, with a stated price of $0.00 per share.

How many Haverty (HVT) Common and Class A shares does Clarence H. Smith hold directly after this Form 4?

Following the reported exchange, Clarence H. Smith directly holds 89,385 shares of Common Stock and 125,236 shares of Class A Common Stock. These figures reflect his direct ownership after the March 17, 2026 restructuring between the two share classes.

Does the March 17, 2026 HVT Form 4 show Clarence H. Smith buying or selling shares on the market?

The filing does not show open-market buying or selling. It reports a code J transaction, described as an other acquisition or disposition, representing an exchange of 700 Common shares for 700 Class A shares at a stated price of $0.00 per share.

What performance restricted stock units (PRSUs) does Clarence H. Smith report in this HVT Form 4?

He reports PRSUs tied to EBITDA and consolidated sales performance, including a 2024 award for 13,553 underlying shares and 2025 awards for 15,903 and 3,224 underlying shares. These PRSUs vest on specified future dates once performance and time conditions are satisfied.

What restricted stock units (RSUs) and phantom stock holdings are disclosed for Clarence H. Smith at HVT?

The filing lists several RSU awards from 2023 through 2026, each equivalent to one share of common stock upon vesting, plus 6,870 phantom stock units. The phantom stock is deferred under a directors’ deferred compensation plan with settlement according to the plan’s elections.

Does Clarence H. Smith have indirect ownership interests in Haverty (HVT) shares?

Yes. The filing shows indirect holdings of Common and Class A shares through a Georgia limited partnership, his spouse, and Villa Clare, LP. These entries report indirect ownership, separate from his direct holdings, and help present a fuller picture of his overall economic interest.
Haverty Furniture Cos Inc

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344.84M
13.65M
Home Improvement Retail
Retail-furniture Stores
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United States
ATLANTA