Schiller Derek Gordon 4
Research Summary
AI-generated summary
Haverty Furniture (HVT) Director Derek Schiller Receives 5,363-Share Award
What Happened
- Derek Gordon Schiller, a director of Haverty Furniture Companies, was granted 5,363 derivative shares (transaction code A) on 2026-05-11. The award shows an acquisition price of $0.00 (no cash paid) and is reported as a derivative award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-11; Form 4 filed: 2026-05-12 (timely).
- Security: derivative award of 5,363 shares; price per share reported $0.00; total immediate cash value shown $0.
- Shares owned after transaction: not specified in this Form 4.
- Footnote: F1 — Award deferred under the Directors' Deferred Compensation Plan; settlement will occur according to the insider's elections under that plan.
- Transaction type: A = award/grant (not a purchase or sale).
Context
- This is a deferred compensation award, meaning settlement and any eventual delivery of shares will follow the plan elections; it does not indicate an open-market purchase or a sale. Such awards are common for non-employee directors as part of compensation and are not, by themselves, a direct buy or sell signal.