Form 4: Arhaus CFO Dawn Phillipson Reports Stock Transactions
SEC Form 4 Filing
Dawn Phillipson, CFO of Arhaus, Inc., reports the vesting and subsequent tax withholding of Class A Common Stock.
Summary
- On March 10, 2024, Dawn Phillipson, the Chief Financial Officer of Arhaus, Inc. [ARHS], had 2,340 Restricted Stock Units (RSUs) vest.
- These RSUs converted into 2,340 shares of Class A Common Stock.
- The company withheld 776 shares of Class A Common Stock at a price of $14.9 to cover income tax obligations related to the RSU vesting.
- Following these transactions, Phillipson directly owns 649,555 shares of Class A Common Stock and 4,679 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report on standard executive compensation practices. It doesn't indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/10/2023 | Grant date of the Restricted Stock Units, which vest pro rata on the first, second, and third anniversaries. |
| 03/10/2024 | Date of transaction: Vesting of 2,340 Restricted Stock Units and withholding of shares for tax obligations. |
| 03/12/2024 | Date of signature for the Form 4 filing. |
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