SMITH CLARENCE H 4

What Happened Clarence H. Smith, Director and Executive Chairman of Haverty Furniture Companies (HVT), was granted 2,424 restricted stock units (RSUs) on January 22, 2026. The Form 4 records this as a derivative acquisition (code A) at $0.00 per unit — a non-cash equity award rather than an open-market purchase. Each RSU represents a contingent right to one share of HVT common stock upon vesting.

Key Details

• Transaction date and price: 1/22/2026 — 2,424 RSUs granted @ $0.00 (award/derivative).
• Vesting: These RSUs vest ratably over 3 years beginning May 8, 2027 (see footnote F1).
• Shares owned after transaction: Not specified in the provided report.
• Filing timeliness: Form filed 1/26/2026 — within the standard two-business-day Form 4 window (timely).
• Transaction code: A = Award/Grant (derivative securities).
• Relevant footnotes:
  • F1 describes the 1/22/2026 RSU grant and vesting (1 RSU = 1 share upon vesting).
  • The filing also references prior RSU and PRSU grants from 2023–2025 (F2–F7) with varying vest/settlement dates and performance conditions, and deferred director compensation (F8).

Context This was an equity compensation award (RSUs) issued by the company to an executive — a routine, non-cash grant intended to align long-term incentives. RSU grants are not immediate purchases or sales and only convert to actual shares if/when they vest per the stated schedule.