Form 4: Haverty Furniture Companies Inc: Officer Jenny H. Parker Reports Stock Transactions
SEC Form 4
Jenny H. Parker, Sr. VP, Finance & Corp Sec of Haverty Furniture Companies Inc, reports the vesting of restricted stock units and performance restricted stock units.
Summary
- On May 8, 2024, Jenny H. Parker, Sr. VP, Finance & Corp Sec of Haverty Furniture Companies Inc, reported transactions related to the vesting of restricted stock units (RSUs) and performance restricted stock units (PRSUs).
- These transactions involved the vesting of RSUs from grants made in 2021, 2022, and 2023, as well as the vesting of PRSUs from grants made in 2022 and 2023.
- The vesting of these units resulted in the acquisition of common stock.
- Parker also disposed of 931 shares of common stock at a price of $28.58.
- Following these transactions, Parker directly owns 33,472 shares of Haverty Furniture Companies Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/21/2021 | Restricted Stock Units granted, vesting ratably over 3 years beginning 5/8/2022 |
| 01/26/2022 | Restricted Stock Units and Performance Restricted Stock Units granted, vesting ratably over 3 years beginning 5/8/2023 and on February 28, 2025, respectively |
| 01/26/2023 | Restricted Stock Units and Performance Restricted Stock Units granted, vesting ratably over 3 years beginning 5/8/2024 and on February 28, 2026, respectively |
| 01/25/2024 | Restricted Stock Units granted, vesting ratably over 3 years beginning 5/8/2025 |
| 05/08/2024 | Date of earliest transaction: vesting of RSUs and PRSUs |
| 05/10/2024 | Date of signature for the Form 4 filing |
| 02/28/2025 | Vesting date for PRSUs granted 1/26/2022 |
| 05/08/2025 | Vesting start date for RSUs granted 1/25/2024 |
| 02/28/2026 | Vesting date for PRSUs granted 1/26/2023 |
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