Haverty Furniture (HVT) EVP exercises RSUs and reports tax-withholding share disposition
Rhea-AI Filing Summary
HAVERTY FURNITURE COMPANIES INC executive John Linwood Gill reported routine equity award activity. On May 8, 2026, he exercised restricted stock units and similar awards to acquire 3,320 shares of Common Stock at an exercise price of $0.00 per share through derivative exercises.
On the same date, 1,441 Common Stock shares were disposed of as a tax-withholding disposition at $22.20 per share, covering tax obligations rather than representing an open‑market sale. After these transactions, he continues to hold various unvested awards, including PRSUs 2025.1, PRSUs 2025, PRSUs 2024 and RSUs 2026, each convertible into Common Stock as they vest based on time or performance conditions described in the awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,879 shares
Net Buy
12 txns
Insider
Gill John Linwood
Role
EVP, Merchandising
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSUs 2023 | 896 | $0.00 | $0.00 |
| Exercise | RSUs 2024 | 961 | $0.00 | $0.00 |
| Exercise | RSUs 2025 | 1,463 | $0.00 | $0.00 |
| Exercise | Common Stock | 896 | $0.00 | $0.00 |
| Exercise | Common Stock | 961 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,463 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,441 | $22.20 | $32K |
| holding | RSUs 2026 | -- | -- | -- |
| holding | PRSUs 2024 | -- | -- | -- |
| holding | PRSUs 2025 | -- | -- | -- |
| holding | PRSUs 2025.1 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
RSUs 2023 — 0 shares (Direct);
RSUs 2024 — 962 shares (Direct);
RSUs 2025 — 2,841 shares (Direct);
Common Stock — 23,808 shares (Direct);
RSUs 2026 — 4,677 shares (Direct);
PRSUs 2024 — 2,829 shares (Direct);
PRSUs 2025 — 10,204 shares (Direct);
PRSUs 2025.1 — 2,069 shares (Direct);
Class A Common Stock — 17,500 shares (Direct)
Footnotes (7)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
Key Figures
Derivative exercises: 3,320 shares
Tax-withholding disposition: 1,441 shares at $22.20/share
PRSUs 2025.1 underlying shares: 2,069 shares
+3 more
6 metrics
Derivative exercises
3,320 shares
Common Stock from RSU-related exercises on May 8, 2026
Tax-withholding disposition
1,441 shares at $22.20/share
Common Stock used to pay tax liability on May 8, 2026
PRSUs 2025.1 underlying shares
2,069 shares
Performance RSUs earned on 2024 EBITDA, vesting February 28, 2027
PRSUs 2025 underlying shares
10,204 shares
Performance RSUs earned on 2025 metrics, vesting February 28, 2028
PRSUs 2024 underlying shares
2,829 shares
Performance RSUs convertible into Common Stock at vesting
RSUs 2026 underlying shares
4,677 shares
Time-based RSUs vesting ratably over three years beginning May 8, 2027
Key Terms
Restricted Stock Units, Performance Restricted Stock Units ("PRSU"), tax-withholding disposition, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"Restricted Stock Units granted 1/26/2023 and vest ratably over 3 years"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Restricted Stock Units ("PRSU") financial
"Performance Restricted Stock Units ("PRSU") award granted 01/25/2024"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did HVT executive John Linwood Gill report on May 8, 2026?
John Linwood Gill reported derivative exercises and a tax-withholding disposition on May 8, 2026. He exercised equity awards to receive 3,320 Common Stock shares and had 1,441 shares withheld and disposed at $22.20 per share to satisfy related tax obligations.
What performance-based PRSUs does John Linwood Gill still hold at HAVERTY FURNITURE (HVT)?
He holds several performance restricted stock unit awards. These include PRSUs 2025.1 with 2,069 underlying shares, PRSUs 2025 with 10,204 underlying shares, and PRSUs 2024 with 2,829 underlying shares, each convertible into one HVT Common Stock share upon vesting.
How do Gill’s RSU awards at HVT vest according to the Form 4 footnotes?
Footnotes state RSUs granted in 2023, 2024, 2025 and 2026 vest ratably over three years, beginning on specified May 8 dates. Each restricted stock unit converts into one share of HAVERTY FURNITURE common stock when its time-based vesting conditions are satisfied.