Armstrong Cecil Earl III 4

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.