Haverty Furniture (HVT) CFO receives 5,970 RSUs in 2026 stock grant
Rhea-AI Filing Summary
Haverty Furniture Companies executive Richard B. Hare, EVP and CFO, reported an equity compensation grant and updated stock-based holdings. On January 22, 2026, he received 5,970 Restricted Stock Units (RSUs 2026) at a price of $0 per unit, each representing one share of common stock upon vesting. These RSUs vest ratably over three years beginning May 8, 2027.
Following this grant, he directly holds 23,497 shares of Common Stock and 10,000 shares of Class A Common Stock, along with multiple prior RSU and Performance RSU awards tied to EBITDA and consolidated sales performance for 2023 and 2024, with vesting dates in 2026 and 2027.
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FAQ
What did HVT EVP, CFO Richard B. Hare report in this Form 4?
EVP and CFO Richard B. Hare reported the grant of 5,970 RSUs (RSUs 2026) on January 22, 2026, plus his updated direct holdings of common and Class A common stock and previously granted RSUs and PRSUs.
How many new RSUs did HVT grant to its CFO on January 22, 2026?
On January 22, 2026, the CFO received 5,970 Restricted Stock Units labeled RSUs 2026, each equivalent to one share of Haverty Furniture common stock upon vesting.
What are the vesting terms for the 2026 RSU grant reported by HVT?
The RSUs 2026 granted on January 22, 2026 vest ratably over three years, beginning on May 8, 2027. Each vested unit converts into one share of common stock.
What stock and equity awards does the HVT CFO hold after this transaction?
After the reported transaction, the CFO directly holds 23,497 shares of Common Stock and 10,000 shares of Class A Common Stock, plus multiple RSU and PRSU awards (RSUs 2023–2025 and PRSUs 2023–2024) covering several thousand additional shares in total.
How are the earlier RSU awards to the HVT CFO structured?
RSUs granted in 2023, 2024, and 2025 each vest ratably over three years starting in May 2024, May 2025, and May 2026, respectively, with each unit representing one share of common stock upon vesting.
What performance metrics determine the HVT CFO’s PRSU awards?
The PRSUs 2023 were earned based on EBITDA and consolidated sales for the year ended December 31, 2023, and the PRSUs 2024 were earned based on EBITDA for the year ended December 31, 2024.
When will the HVT CFO’s performance RSUs vest?
The PRSUs 2023 (EBITDA and consolidated sales tranches) will vest on February 28, 2026, and the PRSUs 2024 are scheduled to vest on February 28, 2027.