[Form 4] HAVERTY FURNITURE COMPANIES INC Insider Trading Activity
HAVERTY FURNITURE COMPANIES INC (HVT) Form 4 shows insider Haverty Rawson Jr., identified as a director and >10% owner, sold shares of the company over two days. On 09/16/2025 he sold 14,997 shares of Common Stock at a weighted-average price of $23.0191, with 14,526 shares reported as owned after that transaction. On 09/17/2025 he sold 10,003 Common Stock shares at a weighted-average price of $23.1020, with 4,523 shares reported as owned after that transaction. The filing also lists disposals of 9,074 Class A Common Stock (direct) and indicates indirect beneficial holdings of 39,140 and 8,728 Class A shares via entities. The form is signed by an attorney-in-fact.
- Reporting person identified as a Director and 10% owner, providing clear governance context
- Form 4 discloses specific transaction details including dates, share counts, and weighted-average prices
- Indirect and direct holdings are itemized (Class A direct: 9,074; indirect: 39,140 and 8,728), enhancing transparency
- Insider sold 25,000 Common Stock shares across 09/16/2025 and 09/17/2025, reducing direct Common holdings to 4,523 shares
- Material reduction in direct ownership may be viewed negatively by investors, though motive is not disclosed
- Filing does not explain the purpose of the sales, so market participants lack context for the disposals
Insights
TL;DR: Significant insider share sales by a director and >10% owner may signal personal liquidity needs; impact depends on stake size and context.
The Form 4 documents two separate bulk sales totaling 25,000 Common Stock shares across 09/16/2025 and 09/17/2025 at weighted-average prices of $23.0191 and $23.1020. Post-sale direct holdings fall to 4,523 Common shares. The filer remains a >10% owner with additional Class A shares held directly and indirectly (9,074 direct; 39,140 and 8,728 indirect). From an analyst perspective, the sales are material as they reduce direct ownership and should be considered alongside total ownership and historical trading patterns, which are not provided here.
TL;DR: The filer complied with Section 16 disclosure by reporting the transactions and identifying governance status; insider selling is noteworthy.
The filing clearly identifies the reporting person as a director and 10% owner and discloses multiple disposals of both Common and Class A Common stock, including indirect holdings via entities. The form is executed by an attorney-in-fact, indicating formal disclosure procedures were followed. While governance compliance appears met, the reduction in direct Common shares could prompt shareholder questions about insider intent; the filing itself does not provide purpose for the sales.