HOOKER FURNISHINGS Corp·4

Feb 24, 1:35 PM ET

Hoff Jeremy R 4

4 · HOOKER FURNISHINGS Corp · Filed Feb 24, 2026

Research Summary

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Hooker Furnishings (HOFT) CEO Jeremy R. Hoff Exercises RSUs, Withholds Shares

What Happened

  • Jeremy R. Hoff, CEO of Hooker Furnishings (HOFT), had 13,461 restricted stock units (RSUs) vest/convert into common shares on February 20, 2026. To satisfy tax withholding, 4,308 of those shares were surrendered at $14.61 each, totaling $62,940. Net shares received by Hoff from this vesting were 9,153.

Key Details

  • Transaction date: February 20, 2026; Form filed: February 24, 2026 (timely filing).
  • Vest/Conversion: 13,461 RSUs converted to shares (reported as derivative exercise/conversion, code M).
  • Tax withholding: 4,308 shares withheld/disposed to cover taxes (code F) at $14.61/share = $62,940.
  • Net shares delivered to Hoff: 9,153 (13,461 vested minus 4,308 withheld).
  • Shares owned after transaction: Not specified in this Form 4.
  • Footnotes: RSUs represent a contingent right to one share each (F1). These RSUs were part of a 40,383 RSU grant on Feb 20, 2025 that vests in three equal annual tranches (F2). The Compensation Committee may pay RSUs in shares, cash (based on fair market value), or both (F3).
  • Filing timeliness: No late filing indicated.

Context

  • This was a standard RSU vesting and tax-withholding transaction, not an open-market sale or purchase. The withholding of shares to cover taxes is a common, routine practice and does not necessarily indicate a change in the insider’s view of the company. The derivative entries reflect RSU settlement (conversion of the award into shares) and the corresponding surrender/withholding for tax purposes.

Insider Transaction Report

Form 4
Period: 2026-02-20
Hoff Jeremy R
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-20+13,46135,256 total
  • Tax Payment

    Common Stock

    2026-02-20$14.61/sh4,308$62,94030,948 total
  • Exercise/Conversion

    Restricted Stock Unit (RSU)

    [F1][F2][F3]
    2026-02-2013,46126,922 total
    Common Stock (13,461 underlying)
Footnotes (3)
  • [F1]Each RSU represents a contingent right to receive one share of HOFT common stock.
  • [F2]On February 20, 2025, the reporting person was granted 40,383 restricted stock units. Each RSU grant vests ratably by entitling the executive officer to receive one third of the grant if he or she remains continuously employed with the Company through the end of each service period that ends February 20, 2026, February 20, 2027, and February 20, 2028, respectively.
  • [F3]At the direction of the issuer's Compensation Committee, the RSUs may be paid in shares of HOFT common stock, cash (based on the fair market value of a share of HOFT common stock on the date payment is made) or both.
Signature
/s/ Yumin Yang Attorney in Fact for Jeremy R. Hoff|2026-02-24

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES