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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSUs 2026 | 11,190 | $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 | -- | -- | -- |
Footnotes (1)
- 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. 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. 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. 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. 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. 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. 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.
FAQ
What insider transaction did HVT disclose for President and CEO Steven G. Burdette?
How do the new 2026 RSUs for HVT vest and what do they represent?
What other RSU awards does HVT CEO Steven G. Burdette hold?
What performance metrics determine vesting of HVT Performance RSUs reported in this Form 4?
Does the HVT Form 4 indicate any indirect ownership or third-party entities for these awards?