VELTRI KATHY E 4
4 · Arhaus, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Arhaus (ARHS) Chief Retail Officer Kathy Veltri Converts RSUs
What Happened Kathy Veltri, Arhaus' Chief Retail Officer, had 50,000 Restricted Stock Units (RSUs) convert into Class A common shares on March 12, 2026 (reported on Form 4 filed March 16, 2026). The RSUs converted at no exercise price ($0.00). To satisfy tax withholding, the issuer withheld 14,550 shares and remitted them (priced at $7.06 per share, totaling $102,723). Net shares delivered to Veltri from this conversion: 35,450 shares (50,000 vested − 14,550 withheld).
Key Details
- Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (timely — within the standard two business days).
- Conversion/exercise code: M (exercise/conversion of derivative instrument — RSU conversion to shares).
- Tax withholding code: F (shares withheld to satisfy tax obligations) — 14,550 shares at $7.06 each = $102,723.
- Exercise price shown: $0.00 (RSUs converted without cash payment).
- Net shares received by insider from this vesting: 35,450 shares.
- Relevant footnotes: F1 — each RSU converts to one share upon vesting; F2 — withheld shares satisfy income tax withholding; F3 — RSUs vest pro rata on the 1st–4th anniversaries of March 12, 2025 (subject to continued service).
Context This was a vesting/conversion of RSUs with a net settlement for taxes (a common, administrative insider event), not an open-market purchase or discretionary sale. The filing shows the derivative conversion and the corresponding withholding rather than an independent sale. Such RSU vesting events are routine compensation occurrences and do not, by themselves, indicate the insider’s market view.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-12+50,000→ 498,236 total - Tax Payment
Class A Common Stock
[F2]2026-03-12$7.06/sh−14,550$102,723→ 483,686 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-12−50,000→ 150,000 total→ Class A Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock, subject to the Reporting Person's continuous service to the Issuer at the time of vesting.
- [F2]Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of the RSUs.
- [F3]Subject to the Reporting Person's continuous service to the Issuer, the RSUs vest pro rata on the first, second, third and fourth anniversaries of the transaction date (March 12, 2025).