Major HVT (NYSE: HVT) holders update 13D, control up to 74% of Class A
Rhea-AI Filing Summary
Haverty Furniture Companies’ major shareholders updated their ownership disclosure on Schedule 13D. Villa Clare Partners, West Wesley Associates and Clarence H. Smith now report beneficial ownership of 730,683 Class A shares, or 60.4% of the company’s Class A common stock, based on 1,209,976 shares outstanding as of February 25, 2026.
If they are deemed a group with other Class A shareholders under a Class A Shareholders Agreement, the combined holdings would be 895,210 shares, or 74.0% of the Class A stock. Villa Clare Partners alone holds 603,497 shares, or 49.9%, with West Wesley Associates as its general partner and Smith managing the general partner while also directly and jointly owning additional shares.
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Insights
Filing updates already-large insider control, confirming a tightly held share base.
The filing shows Clarence H. Smith and affiliated entities beneficially owning 730,683 Class A shares, or 60.4% of Haverty Furniture Companies’ Class A common stock. Through Villa Clare Partners’ 603,497 shares and related roles, Smith’s influence over voting and disposition is substantial.
If treated as a group with other Class A shareholders under a Class A Shareholders Agreement, combined holdings reach 895,210 shares, or 74.0%. This indicates a concentrated ownership structure that can shape corporate decisions, while the amendment itself mainly consolidates previously reported Form 4 transactions into the long‑form ownership disclosure.
Key Figures
Key Terms
beneficially own financial
Rule 13d-5(b) regulatory
pecuniary interest financial
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