Haverty director Trujillo granted phantom stock units
TRUJILLO ALFREDO reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
TRUJILLO ALFREDO reported acquisition or exercise transactions in this Form 4 filing.
HAVERTY FURNITURE COMPANIES INC director Alfredo Trujillo received a grant of 8,602 shares of Phantom Stock on May 11, 2026 as a compensation award. These deferred units are credited under the Directors' Deferred Compensation Plan, with settlement to occur according to Mr. Trujillo’s prior elections under the plan.
Following this award, Mr. Trujillo holds 74,809 Phantom Stock units tied to Haverty common stock and 14,464 shares of common stock directly. The filing shows a routine, non-cash compensation grant rather than any open-market buying or selling of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8,602 shares
Grant/Award
2 txns
Insider
TRUJILLO ALFREDO
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 8,602 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 74,809 contracts (Direct);
Common Stock — 14,464 shares (Direct)
Footnotes (1)
- F1. Deferred under Directors' Deferred Compensation Plan. Settlement will occur as prescribed by the elections under the Plan.
Key Figures
Phantom Stock grant: 8,602 units
Phantom Stock holdings after grant: 74,809 units
Common Stock holdings: 14,464 shares
+1 more
4 metrics
Phantom Stock grant
8,602 units
Grant of Phantom Stock on May 11, 2026
Phantom Stock holdings after grant
74,809 units
Total Phantom Stock units held after May 11, 2026 grant
Common Stock holdings
14,464 shares
Haverty common shares held directly after reported transactions
Phantom Stock price
$0.0000 per unit
Stated transaction and conversion price for Phantom Stock grant
Key Terms
Phantom Stock, Directors' Deferred Compensation Plan, grant/award acquisition, Common Stock
4 terms
Phantom Stock financial
"The filing reports a grant of 8,602 shares of Phantom Stock on May 11, 2026."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Directors' Deferred Compensation Plan financial
"Deferred under Directors' Deferred Compensation Plan. Settlement will occur as prescribed by the elections under the Plan."
grant/award acquisition financial
"The Phantom Stock transaction is classified as a grant/award acquisition with code A."
Common Stock financial
"The Phantom Stock units reference underlying security title Common Stock for 8,602 shares."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Haverty Furniture (HVT) director Alfredo Trujillo report in this Form 4?
Director Alfredo Trujillo reported receiving 8,602 Phantom Stock units as a compensation grant. These units are deferred under the Directors' Deferred Compensation Plan and are tied to Haverty common stock, with settlement occurring later based on his prior plan elections.
How many Phantom Stock units does Alfredo Trujillo hold after this Haverty (HVT) award?
After the 8,602-unit Phantom Stock grant, Alfredo Trujillo holds 74,809 Phantom Stock units. These units represent deferred compensation linked to Haverty common stock, and their settlement timing will follow the distribution elections he previously made under the Directors' Deferred Compensation Plan.
Does this Haverty (HVT) Form 4 show Alfred Trujillo buying or selling common stock?
The Form 4 does not show Alfred Trujillo buying or selling common stock in the market. It reports a grant of 8,602 Phantom Stock units as compensation and a holdings entry showing he directly owns 14,464 Haverty common shares after the reported transactions.
What is the nature of the Phantom Stock grant reported for Haverty (HVT) director Trujillo?
The Phantom Stock grant is a non-cash compensation award of 8,602 units, priced at $0.0000 per unit. It is deferred under the Directors' Deferred Compensation Plan, with future settlement determined by Trujillo’s elections, and references underlying Haverty common stock on a one-to-one unit basis.
AI-generated analysis. How Rhea-AI works. Not financial advice.
