Form 4: Haverty Furniture Executive V.P. Gill Reports Stock Transactions
SEC Form 4
Executive Vice President of Merchandising, John Linwood Gill, reports the vesting and acquisition of common stock and restricted stock units in Haverty Furniture Companies Inc.
Summary
- John Linwood Gill, Executive Vice President of Merchandising at Haverty Furniture Companies Inc., filed a Form 4.
- On May 8, 2025, Gill acquired 858, 896, and 991 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- These RSUs were granted in 2022, 2023, and 2024 and vested ratably.
- Gill also disposed of 1,191 shares of common stock at a price of $19.38.
- Following these transactions, Gill directly owns 29,158 shares of common stock and 7,500 shares of Class A Common Stock.
- Gill also holds various RSUs and Performance Restricted Stock Units (PRSUs) that will vest in the future.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't indicate any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/26/2022 | Restricted Stock Units granted, vesting ratably over 3 years beginning 5/8/2023. |
| 01/26/2023 | Restricted Stock Units and Performance Restricted Stock Units granted, vesting ratably over 3 years beginning 5/8/2024. |
| 01/25/2024 | Restricted Stock Units and Performance Restricted Stock Units granted, vesting ratably over 3 years beginning 5/8/2025. |
| 01/23/2025 | Restricted Stock Units granted, vesting ratably over 3 years beginning 5/8/2026. |
| 02/28/2026 | PRSUs granted 1/26/2023 (based on 2023 EBITDA and consolidated sales) will vest. |
| 02/28/2027 | PRSUs granted 01/25/2024 (based on 2024 EBITDA) will vest. |
| 05/08/2023 | First vesting date for RSUs granted 1/26/2022. |
| 05/08/2024 | First vesting date for RSUs granted 1/26/2023. |
| 05/08/2025 | Date of reported transactions: vesting of RSUs and disposal of shares. |
| 05/08/2025 | First vesting date for RSUs granted 1/25/2024. |
| 05/08/2026 | First vesting date for RSUs granted 1/23/2025. |
| 05/09/2025 | Date of Form 4 filing. |
Keywords
Form 4, Haverty Furniture, Stock Options, RSU, PRSU, Insider Trading, Executive Compensation, Beneficial Ownership
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