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Haverty (NYSE: HVT) CEO reports new PRSUs and tax share withholding

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

Rhea-AI Filing Summary

HAVERTY FURNITURE COMPANIES INC President and CEO Steven G. Burdette reported multiple equity award transactions. He acquired 37,990 PRSUs tied to 2025 EBITDA and 7,702 PRSUs tied to 2025 consolidated sales, each representing the right to one common share and scheduled to vest on February 28, 2028. He also exercised 6,697 and 888 PRSUs granted in 2023 into an equivalent number of common shares at no cash exercise price. To cover tax obligations, 3,340 common shares were disposed of at 23.81 per share through share withholding, leaving 18,988 common shares held directly. The filing also lists ongoing PRSU, RSU and Class A common stock holdings.

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Negative

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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*
BURDETTE STEVEN G

(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
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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 02/27/2026 M 6,697 A $0 21,440 D
Common Stock 02/27/2026 M 888 A $0 22,328 D
Common Stock 02/27/2026 F 3,340 D $23.81 18,988 D
Class A Common Stock 41,030 D
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
PRSUs 2025 (1) 02/27/2026 A 37,990 (1) (1) Common Stock 37,990 $0 37,990 D
PRSUs 2025.1 (2) 02/27/2026 A 7,702 (2) (2) Common Stock 7,702 $0 7,702 D
PRSUs 2023 (3) 02/27/2026 M 6,697 (3) (3) Common Stock 6,697 $0 0 D
PRSUs 2023.1 (4) 02/27/2026 M 888 (4) (4) Common Stock 888 $0 0 D
PRSUs 2024 (5) (5) (5) Common Stock 4,160 4,160 D
RSUs 2023 (6) (6) (6) Common Stock 1,411 1,411 D
RSUs 2024 (7) (7) (7) Common Stock 2,829 2,829 D
RSUs 2025 (8) (8) (8) Common Stock 9,348 9,348 D
RSUs 2026 (9) (9) (9) Common Stock 11,190 11,190 D
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
Belinda J. Clements, Attorney-in-Fact 03/03/2026
** 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.
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FAQ

What equity awards did HVT CEO Steven G. Burdette receive in this Form 4?

Steven G. Burdette received 37,990 performance restricted stock units tied to 2025 EBITDA and 7,702 performance restricted stock units tied to 2025 consolidated sales. Each PRSU equals one share of HVT common stock and is scheduled to vest on February 28, 2028, if conditions are met.

How many Haverty (HVT) PRSUs from 2023 did the CEO convert to common stock?

The CEO exercised 6,697 PRSUs labeled 2023 and 888 PRSUs labeled 2023.1 into an equal number of Haverty common shares. These PRSUs were earned based on 2023 EBITDA and consolidated sales performance and are part of previously granted long-term incentive awards.

Did the HVT CEO sell any common shares in this Form 4 filing?

3,340 Haverty common shares were disposed of at a price of $23.81 per share, designated as payment of tax liabilities by delivering shares. This is coded as a tax-withholding transaction, not an open-market sale, and follows the vesting and conversion of equity awards.

When do the 2025 Haverty PRSUs reported by the CEO vest?

The 2025 PRSU awards reported by the CEO are scheduled to vest on February 28, 2028. These include units earned based on EBITDA and consolidated sales for the year ended December 31, 2025, with each PRSU representing a contingent right to one common share upon vesting.

What other restricted stock unit holdings does the HVT CEO report?

The CEO reports ongoing holdings of PRSUs granted in 2024 and RSUs granted in 2023, 2024, 2025 and 2026, each equivalent to one common share upon vesting. The units generally vest ratably over three years beginning on specified May 8 dates, according to the footnotes.

How many Haverty common shares does the CEO hold directly after these transactions?

After these transactions, the CEO holds 18,988 shares of Haverty common stock directly. This figure reflects common shares acquired from PRSU conversions and reduced by 3,340 shares withheld at $23.81 per share to satisfy tax obligations tied to the equity awards.
Haverty Furniture Cos Inc

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376.90M
13.72M
Home Improvement Retail
Retail-furniture Stores
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United States
ATLANTA