Hare Richard B 4

What Happened
Richard B. Hare, EVP and CFO of Haverty Furniture Companies (HVT), had restricted stock units (RSUs) convert to common shares on May 8, 2026. A total of 4,319 shares were delivered upon vesting (no cash paid per-share, reported $0.00). To satisfy tax withholding, 1,959 of those shares were surrendered at $22.20 per share for a withholding value of $43,490, leaving Hare with 2,360 newly issued shares.

Key Details

• Transaction date: 2026-05-08; Form 4 filed 2026-05-12 (filed within the 2-business-day deadline).
• Vesting/conversion (code M): 1,195 + 1,188 + 1,936 = 4,319 shares delivered at $0.00 (these reflect RSU/PRSU conversions).
• Tax withholding (code F): 1,959 shares withheld/disposed at $22.20 per share = $43,490.
• Net shares retained from this vesting: 4,319 − 1,959 = 2,360 shares.
• Shares owned after the transaction: not specified in the provided filing information.
• Relevant footnotes: the vested shares arose from time-based RSU grants (grants dated 1/26/2023; 1/25/2024; 1/23/2025) with ratable vesting schedules; separate PRSU awards (earned on EBITDA or sales) are noted but many vest in later years (2027–2028).

Context

• The $0.00 acquisition price indicates these were equity awards vesting/converting into common stock, not a market purchase. The F-code disposal is a standard share withholding to cover tax obligations (a cashless/stock-surrender withholding), not a market sale for cash proceeds beyond the stated withholding.
• This is routine executive compensation activity rather than an open-market purchase or sale intended to signal a change in sentiment. The filing was timely.