Armstrong Cecil Earl III 4
4 · HOOKER FURNISHINGS Corp · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
HOOKER FURNISHINGS (HOFT) CFO Cecil Armstrong Earl III Receives RSUs
What Happened Cecil Armstrong Earl III, Chief Financial Officer of Hooker Furnishings Corp (HOFT), received a grant of 10,149 restricted stock units (RSUs) on April 13, 2026. The award is recorded at $0.00 cash paid at grant (derivative award); any value to the executive will depend on future vesting and settlement in stock or cash.
Key Details
- Transaction date: April 13, 2026; Form 4 filed April 15, 2026 (appears to be filed within the typical two-business-day window).
- Award: 10,149 RSUs; acquisition price $0.00 (derivative grant).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes:
- F1: Each RSU represents a contingent right to receive one share of HOFT common stock.
- F2: RSUs vest ratably in three equal installments if employment continues through April 13 of 2027, 2028, and 2029.
- F3: At the Compensation Committee's direction, vested RSUs may be settled in shares, cash (based on fair market value at payment), or a combination.
- Transaction code: A (award/grant).
Context RSU grants are a common form of executive compensation and do not represent an immediate open-market purchase or sale. The economic benefit to the insider depends on vesting and the company's stock price at settlement. This award should be viewed as compensation-related rather than a direct bullish or bearish trading signal.
Insider Transaction Report
- Award
Restricted Stock Unit (RSU)
[F1][F2][F3]2026-04-13+10,149→ 10,149 total→ Common Stock (10,149 underlying)
- 8,783
Common Stock
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one share of HOFT common stock.
- [F2]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 April 13, 2027, April 13, 2028, and April 13, 2029, 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.