4Filed Aug 9, 8:00 PM ET
Ethan Allen (ETD) CEO Kathwari M. Farooq Withholds 3,272 Shares for Taxes
$ETD · ETHAN ALLEN INTERIORS INCResearch Summary
AI-generated summary of this SEC filing
Ethan Allen (ETD) CEO Kathwari M. Farooq Withholds 3,272 Shares for Taxes
What Happened
Kathwari M. Farooq — Chairman, President & CEO and Director of Ethan Allen Interiors Inc. (ETD) — had 3,272 shares of company stock withheld on August 10, 2026 to cover required tax withholding tied to vesting. The shares were valued at $23.51 each, for a total value of approximately $76,925. This was a withholding transaction to satisfy tax obligations, not an open-market sale.
Key Details
- Transaction date: 2026-08-10
- Transaction type/code: Payment of exercise price or tax liability (F) — shares withheld to cover taxes
- Price per share: $23.51; Shares withheld/disposed: 3,272; Total value: ~$76,925
- Shares owned after transaction: Not disclosed in this Form 4 filing
- Footnote: The number of shares withheld was calculated using the closing price on August 10, 2026 (per filing)
- Filing timeliness: Reported for the same date as the transaction (no late-file indication)
Context
This was a routine tax-withholding event associated with vesting/compensation, often processed by withholding shares rather than selling on the open market. Such withholdings are administrative and do not necessarily indicate the insider’s view on the company’s stock.