Haverty Furniture (HVT) CEO awarded 11,190 RSUs in new 2026 grant
Rhea-AI Filing Summary
Haverty Furniture Companies, Inc. reported that President and CEO Steven G. Burdette received a new equity award in the form of 11,190 Restricted Stock Units (RSUs) on January 22, 2026. The RSUs were granted at a price of $0 per unit and will vest in equal installments over three years beginning May 8, 2027, with each RSU converting into one share of common stock upon vesting.
Following this award, Burdette directly holds 14,743 shares of common stock and 41,030 shares of Class A common stock, along with previously granted RSUs and Performance RSUs tied to EBITDA and consolidated sales targets for 2023 and 2024 that vest in 2026 and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
BURDETTE STEVEN G
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSUs 2026 | 11,190 | $0.00 | $0.00 |
| holding | RSUs 2025 | -- | -- | -- |
| holding | RSUs 2024 | -- | -- | -- |
| holding | RSUs 2023 | -- | -- | -- |
| holding | PRSUs 2023 | -- | -- | -- |
| holding | PRSUs 2023.1 | -- | -- | -- |
| holding | PRSUs 2024 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
RSUs 2026 — 11,190 shares (Direct);
RSUs 2025 — 9,348 shares (Direct);
RSUs 2024 — 2,829 shares (Direct);
RSUs 2023 — 1,411 shares (Direct);
PRSUs 2023 — 6,697 shares (Direct);
PRSUs 2023.1 — 888 shares (Direct);
PRSUs 2024 — 4,160 shares (Direct);
Common Stock — 14,743 shares (Direct);
Class A Common Stock — 41,030 shares (Direct)
Footnotes (7)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. Performance Restricted Stock Units ("PRSUs") award granted 1/26/2023. 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, 2023, and will vest on February 28, 2026.
- F6. Performance Restricted Stock Units ("PRSUs") award granted 1/26/2023. 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, 2023, and will vest on February 28, 2026.
- F7. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HVT disclose for President and CEO Steven G. Burdette?
Haverty Furniture Companies, Inc. disclosed that President and CEO Steven G. Burdette received a grant of 11,190 Restricted Stock Units (RSUs) on January 22, 2026 at a grant price of $0 per unit.
How do the new 2026 RSUs for HVT vest and what do they represent?
The 2026 RSUs granted to Steven G. Burdette vest ratably over three years beginning May 8, 2027, and each RSU is equivalent to one share of HVT common stock when it vests.
What other RSU awards does HVT CEO Steven G. Burdette hold?
Steven G. Burdette also holds time-based RSUs from 2023, 2024, and 2025 and Performance RSUs tied to EBITDA and consolidated sales for 2023 and EBITDA for 2024, which are scheduled to vest on February 28, 2026 and February 28, 2027.
What performance metrics determine vesting of HVT Performance RSUs reported in this Form 4?
The Performance RSUs reported for Steven G. Burdette were earned based on EBITDA and consolidated sales for the year ended December 31, 2023 and on EBITDA for the year ended December 31, 2024, with vesting dates in 2026 and 2027.
Does the HVT Form 4 indicate any indirect ownership or third-party entities for these awards?
No. The Form 4 lists all reported common stock, Class A common stock, RSUs, and Performance RSUs for Steven G. Burdette as direct (D) holdings, with no indirect ownership entities disclosed.