Form 4: Arhaus Inc. Executive Lisa Chi Reports Stock Transactions
SEC Form 4 Filing
Chief Merchandising Officer Lisa Chi reports the vesting and subsequent tax withholding of Class A Common Stock.
Summary
- Lisa Chi, Chief Merchandising Officer of Arhaus, Inc., reported transactions involving Class A Common Stock on August 2, 2024.
- 4,167 Restricted Stock Units (RSUs) vested, converting into Class A Common Stock at a price of $0.
- The vesting was part of a previously granted RSU award that vests pro rata over three years from August 2, 2022.
- 1,441 shares were withheld by Arhaus to satisfy income tax obligations at a price of $13.66 per share.
- Following these transactions, Chi directly owns 71,011 shares of Class A Common Stock and 4,166 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices, with no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 08/02/2022 | Grant date of the Restricted Stock Units (RSUs) that vest pro rata over three years. |
| 08/02/2024 | Date of the reported transactions: vesting of RSUs and tax withholding of shares. |
| 08/05/2024 | Date of the signature on the Form 4 filing. |
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