Ethan Allen (ETD) CEO M. Farooq Receives RSU Award; Shares Withheld

What Happened
Kathwari M. Farooq (Chairman, President & CEO) was granted 16,223 restricted stock units (RSUs) on 2026-08-05 (code A). To satisfy required tax withholding when units vested/settled, 3,948 shares were withheld on 2026-08-06 at $23.51 ($92,817) and 3,890 shares were withheld on 2026-08-07 at $23.71 ($92,232) (code F). The grant itself had a reported acquisition price of $0.00 (standard for RSU awards).

Key Details

• Grant date: 2026-08-05 — 16,223 RSUs granted (award, code A).
• Tax withholding disposals: 2026-08-06 — 3,948 shares @ $23.51 = $92,817 (code F, F2); 2026-08-07 — 3,890 shares @ $23.71 = $92,232 (code F, F3).
• Total shares withheld for taxes: 7,838; total value withheld ≈ $185,049.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — RSUs vest ratably over three years (1/3 each year starting 8/5/2027). F2/F3 — withholding counts based on closing prices on 8/6 and 8/7/2026.
• Filing date: 2026-08-07; transactions occurred Aug 5–7, 2026 — appears to be filed promptly.

Context
This was a compensation award (RSUs) rather than a market purchase or voluntary sale. The F-coded entries reflect shares withheld to satisfy tax obligations (a common, administrative action) — not an open-market sale indicating intent. The RSUs vest over three years, so additional shares may vest in future anniversaries per the plan terms.