Cote Michael R 4

What Happened

• Michael R. Cote, a director of Haverty Furniture Companies Inc. (HVT), was granted/credited 9,014 shares as a deferred award on May 11, 2026. The Form 4 reports the acquisition price as $0.00 because these are a derivative award (deferred compensation), not an open-market purchase.
• No cash exchanged at grant; the filing lists the transaction as an award/other acquisition (code A). The reported total value on the Form 4 is $0 because settlement will occur later under the plan terms.

Key Details

• Transaction date: 2026-05-11; Form 4 filed: 2026-05-12 (timely).
• Instrument: Derivative award (code A) of 9,014 shares; reported price: $0.00.
• Shares owned after transaction: not specified in the information provided.
• Footnote: Award is deferred under the Directors' Deferred Compensation Plan. Settlement will occur according to the executive's elections under the plan (Footnote F1).
• Filing status: timely (no late-filing indicator present).

Context

• This is a compensation-related award (deferred stock/units), not an open-market buy or sale. Such awards are routine director compensation and do not necessarily signal a buy/sell decision by the insider.
• For retail investors, purchases are generally more informative than deferred awards; treat this as a standard compensation entry unless further disclosures (e.g., large sales or purchases) follow.