Armstrong Cecil Earl III 4
4 · HOOKER FURNISHINGS Corp · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Hooker Furnishings (HOFT) CFO Cecil Armstrong Withholds 622 Shares
What Happened
- Armstrong Cecil Earl III, Chief Financial Officer of Hooker Furnishings (HOFT), had 1,842 restricted shares vest on April 10, 2026. To satisfy the tax withholding obligation on the vesting, 622 shares were delivered/withheld at a value of $15.32 per share, totaling $9,529. This was a withholding disposition (code F), not an open‑market sale.
Key Details
- Transaction date: April 10, 2026; filing date: April 14, 2026 (timely).
- Withheld/disposed: 622 shares at $15.32 each; total ≈ $9,529.
- Grant/vesting: 1,842 restricted shares granted April 10, 2023 and vested 100% on April 10, 2026 per footnote.
- Shares owned after transaction: not specified in the filing.
- Footnote: tax liability from vesting was paid by delivering/withholding shares (typical for restricted stock vesting).
Context
- This was a routine tax-withholding event tied to restricted stock vesting, not a discretionary sale or purchase that signals a trading view. The reporting reflects settlement of tax obligations upon vesting rather than a market-driven transaction.
Insider Transaction Report
Form 4
Armstrong Cecil Earl III
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-04-10$15.32/sh−622$9,529→ 8,783 total
Footnotes (1)
- [F1]On April 10, 2023 the reporting person was granted 1,842 restricted stocks, vesting 100% on April 10, 2026 as the reporting person remained continuously employed with the issuer through that date. The restricted stock had already been reported as a holdings in the reporting person's Form 3. At vesting, the reporting person paid the tax liability associated with the vesting of the restricted stock by delivering or withholding of 622 shares of Company common stock.
Signature
Yumin Yang Attorney in Fact for C. Earl Armstrong III|2026-04-14