Form 4: Haverty Furniture Companies Director Reports Acquisition of Phantom Stock

Director Alfredo Trujillo reports acquisition of phantom stock under the Directors' Deferred Compensation Plan.

Summary

• Alfredo Trujillo, a director of Haverty Furniture Companies Inc., filed a Form 4 on May 14, 2025, reporting a transaction.
• The transaction involved the acquisition of 8,153 phantom stock units on May 12, 2025, at a price of $21 per unit.
• Trujillo also directly owns 14,464 shares of Haverty Furniture Companies Inc. common stock.
• The phantom stock was acquired under the Directors' Deferred Compensation Plan, with settlement to occur as prescribed by the elections under the Plan.
• Following the reported transaction, Trujillo beneficially owns 66,207 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a transaction related to director compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

Settlement of the phantom stock will occur as prescribed by the elections under the Directors' Deferred Compensation Plan.

Industry Context

This filing reflects insider activity related to director compensation, which is a common practice in publicly traded companies. It provides transparency into the alignment of director interests with shareholder value.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and alignment of interests.

Key Dates

Keywords

Form 4, Haverty Furniture Companies, Director, Alfredo Trujillo, Phantom Stock, Directors' Deferred Compensation Plan, Beneficial Ownership, Securities