Form 4: Arhaus CFO Dawn Phillipson Reports Stock Transactions
SEC Form 4 Filing
Dawn Phillipson, CFO of Arhaus, Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Dawn Phillipson, the Chief Financial Officer of Arhaus, Inc., reported transactions involving Class A Common Stock on November 9, 2024.
- 16,667 Restricted Stock Units (RSUs) vested, each representing a contingent right to receive one share of Class A Common Stock.
- 4,933 shares of Class A Common Stock were withheld by the Issuer to satisfy income tax withholding obligations related to the RSU vesting at a price of $9.68.
- Following these transactions, Phillipson directly owns 514,295 shares of Class A Common Stock and 33,333 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of RSUs and subsequent tax withholding may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/09/2023 | Grant date of the Restricted Stock Units (RSUs) that vest pro rata on the first, second, and third anniversaries. |
| 11/09/2024 | Date of the reported transactions: vesting of 16,667 Restricted Stock Units and withholding of 4,933 shares for tax obligations. |
| 11/12/2024 | Date of the signature on the Form 4 filing. |
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