Gill John Linwood 4

What Happened

• John Linwood Gill, Executive Vice President — Merchandising at Haverty Furniture (HVT), had performance-restricted stock units (PRSUs/RSUs) convert to common shares on 2026-02-27. A total of 4,816 shares were issued on conversion (4,252 + 564). To cover tax withholding, 2,045 of those shares were withheld/ disposed at $23.81 per share, generating $48,691. On the same date he was also awarded 12,273 new PRSU derivatives (10,204 + 2,069) as performance grants.

Key Details

• Transaction date(s): February 27, 2026; Form 4 filed March 3, 2026.
• Prices and amounts: tax withholding/disposed 2,045 shares at $23.81 = $48,691. Conversions and grants are reported at $0 because they are derivative awards (PRSUs/RSUs).
• Transaction codes: M = exercise/conversion of derivative (conversion of PRSUs to shares); F = payment of tax liability (shares withheld); A = grant/award of derivative (new PRSUs).
• Notable footnotes: the 4,816 converted PRSUs relate to 2023 performance awards that vested 02/28/2026 (F3/F4). The 12,273 newly reported PRSU awards relate to 2025 performance and will vest on 02/28/2028 (F1/F2).
• Shares owned after transaction: not specified in the provided report.
• Filing timeliness: Form filed 2026-03-03 reporting 2/27/2026 activity; no explicit late-filing flag indicated in the materials provided.

Context

• This was primarily a vesting/conversion event (not an open-market sale). The withholding of 2,045 shares to satisfy tax obligations is a common, automatic procedure (net settlement) and does not by itself signal a directional trade decision. The 12,273 new PRSUs are performance-based awards that will only convert to shares if future vesting conditions are met (vesting scheduled for 02/28/2028).