BURDETTE STEVEN G 4
4 · HAVERTY FURNITURE COMPANIES INC · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
Haverty Furniture (HVT) CEO Steven Burdette Receives RSU Award
What Happened
Steven G. Burdette, President, CEO and a director of Haverty Furniture Companies, was granted 11,190 restricted stock units (RSUs) on January 22, 2026. The grant is reported as an acquisition of a derivative security (11,190 units at $0.00 per unit), meaning no cash was exchanged — these RSUs convert into one share of common stock each upon vesting. This is a company equity award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-01-22; Form 4 filed 2026-01-26 (within the typical two-business-day reporting window).
- Grant amount/price: 11,190 RSUs; $0.00 price reported (grant).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes in the filing:
- F1: The 1/22/2026 RSUs vest ratably over 3 years beginning 5/8/2027; each RSU converts to one share on vesting.
- F2–F4: Prior annual RSU grants (1/23/2025, 1/25/2024, 1/26/2023) vest ratably over three years beginning 5/8 of the listed years.
- F5–F7: Performance RSU awards (PRSUs) from 2023–2024 that are contingent on financial targets (e.g., EBITDA, consolidated sales) and vest on specified future dates (notably some PRSUs vest on 2/28/2026 and 2/28/2027).
- Transaction type code: A = Award/Grant (derivative). No 10b5-1, gift, sale, or tax-withholding action was indicated in the provided notes.
Context
RSU grants are standard executive compensation that align management with shareholder interests; they are not immediate purchases or sales. Because these RSUs vest over multiple years (per F1), they represent future potential share issuances contingent on continued service (and, for PRSUs, on performance metrics). Grants themselves are routine disclosures and do not necessarily signal a near-term market view by the insider.
Insider Transaction Report
- Award
RSUs 2026
[F1]2026-01-22+11,190→ 11,190 total→ Common Stock (11,190 underlying)
- 14,743
Common Stock
- 41,030
Class A Common Stock
- 9,348
RSUs 2025
[F2]→ Common Stock (9,348 underlying) - 2,829
RSUs 2024
[F3]→ Common Stock (2,829 underlying) - 1,411
RSUs 2023
[F4]→ Common Stock (1,411 underlying) - 6,697
PRSUs 2023
[F5]→ Common Stock (6,697 underlying) - 888
PRSUs 2023.1
[F6]→ Common Stock (888 underlying) - 4,160
PRSUs 2024
[F7]→ Common Stock (4,160 underlying)
Footnotes (7)
- [F1]Restricted Stock Units granted 1/22/2026 and vest ratably over 3 years beginning 5/8/2027. Each RSU is equivalent to one share of common stock upon vesting.
- [F2]Restricted Stock Units granted 1/23/2025 and vest ratably over 3 years beginning 5/8/2026. Each RSU is equivalent to one share of common stock upon vesting.
- [F3]Restricted Stock Units granted 1/25/2024 and vest ratably over 3 years beginning 5/8/2025. Each RSU is equivalent to one share of common stock upon vesting.
- [F4]Restricted Stock Units granted 1/26/2023 and vest ratably over 3 years beginning 5/8/2024. Each RSU is equivalent to one share of common stock upon vesting.
- [F5]Performance Restricted Stock Units ("PRSUs") award granted 1/26/2023. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on EBITDA for the year ended December 31, 2023, and will vest on February 28, 2026.
- [F6]Performance Restricted Stock Units ("PRSUs") award granted 1/26/2023. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on consolidated sales for the year ended December 31, 2023, and will vest on February 28, 2026.
- [F7]Performance Restricted Stock Units ("PRSU") award granted 01/25/2024. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on EBITDA for the year ended December 31, 2024, and will vest on February 28, 2027.