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Haverty Furniture (HVT) executive chairman awarded 2,424 RSUs and reports sizable stock holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Haverty Furniture Companies executive chairman Clarence H. Smith reported an equity award of 2,424 restricted stock units (RSUs) dated January 22, 2026. These 2026 RSUs vest in equal installments over three years beginning May 8, 2027, and each RSU converts into one share of common stock when it vests.

The filing also lists previously granted RSUs from 2023–2025 and performance RSUs tied to EBITDA and consolidated sales for the years ended December 31, 2023 and 2024, with vesting dates in February 2026 and February 2027. In addition to derivative awards and phantom stock deferred under the directors' deferred compensation plan, Smith reports direct and indirect holdings of Haverty common and Class A common stock, including shares held through a Georgia limited partnership, his spouse, and Villa Clare, LP.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SMITH CLARENCE H

(Last) (First) (Middle)
780 JOHNSON FERRY RD.
SUITE 800

(Street)
ATLANTA GA 30342

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HAVERTY FURNITURE COMPANIES INC [ HVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) X Other (specify below)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 77,178 D
Common Stock 7,850 I By Georgia Limited Partnership
Common Stock 29,689 I By Spouse
Class A Common Stock 124,536 D
Class A Common Stock 1,950 I By Spouse
Class A Common Stock 603,497 I By Villa Clare, LP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RSUs 2026 (1) 01/22/2026 A 2,424 (1) (1) Common Stock 2,424 $0 2,424 D
RSUs 2025 (2) (2) (2) Common Stock 3,763 3,763 D
RSUs 2024 (3) (3) (3) Common Stock 5,590 5,590 D
RSUs 2023 (4) (4) (4) Common Stock 2,648 2,648 D
PRSUs 2023 (5) (5) (5) Common Stock 20,722 20,722 D
PRSUs 2023.1 (6) (6) (6) Common Stock 2,747 2,747 D
PRSUs 2024 (7) (7) (7) Common Stock 13,553 13,553 D
Phantom Stock $0 (8) (8) Common Stock 6,870 6,870 D
Explanation of Responses:
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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. Deferred under Directors' Deferred Compensation Plan. Settlement will occur as prescribed by the elections under the Plan.
Belinda J. Clements, Attorney-in-Fact 01/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did HVT report for Clarence H. Smith on January 22, 2026?

The filing shows that Haverty Furniture Companies executive chairman Clarence H. Smith received an award of 2,424 restricted stock units (RSUs) 2026 on January 22, 2026, reported with transaction code A at a price of $0 per unit.

How do the 2026 RSUs for HVT’s executive chairman vest?

The 2026 RSUs for Clarence H. Smith were granted on January 22, 2026 and vest ratably over 3 years beginning May 8, 2027. Each RSU is equivalent to one share of Haverty common stock upon vesting.

What other RSU awards does Clarence H. Smith hold in Haverty Furniture (HVT)?

In addition to the 2026 grant, the filing lists RSUs granted on January 23, 2025 (3,763 units), January 25, 2024 (5,590 units), and January 26, 2023 (2,648 units), each vesting ratably over three years starting in May 2026, May 2025, and May 2024, respectively.

What performance-based RSUs (PRSUs) are reported for HVT’s executive chairman?

The filing reports several PRSU awards: 20,722 PRSUs 2023 earned based on EBITDA for the year ended December 31, 2023, 2,747 PRSUs 2023.1 earned based on consolidated sales for that same year, both vesting on February 28, 2026, and 13,553 PRSUs 2024 earned based on EBITDA for the year ended December 31, 2024, vesting on February 28, 2027.

How much Haverty common stock does Clarence H. Smith hold directly and indirectly?

The Form 4 shows 77,178 shares of common stock and 124,536 shares of Class A common stock held directly. Indirect holdings include 7,850 common shares by a Georgia limited partnership, 29,689 common and 1,950 Class A shares by his spouse, and 603,497 Class A shares by Villa Clare, LP.

What is the phantom stock position disclosed for Haverty Furniture’s executive chairman?

The filing discloses 6,870 units of phantom stock, described as deferred under the Directors' Deferred Compensation Plan, with settlement to occur as prescribed by elections under that plan.

What is Clarence H. Smith’s role and relationship to Haverty Furniture Companies (HVT)?

According to the Form 4, Clarence H. Smith is a director, a 10% owner is not indicated, and he is listed under "Other" as the company’s Executive Chairman.
Haverty Furniture Cos Inc

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Home Improvement Retail
Retail-furniture Stores
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United States
ATLANTA