Ethan Allen (ETD) CEO M. Farooq Kathwari Sells Shares

What Happened
M. Farooq Kathwari, Chairman, President & CEO (and a director) of Ethan Allen Interiors Inc., sold a total of 23,874 shares in open-market transactions on September 2, 2026. The largest lot was 22,811 shares at $25.04 for $571,187; four smaller lots (266, 266, 265, 266 shares) were also sold at $25.04 each, totaling roughly $26,619. Aggregate proceeds were about $597,800. These sales were made pursuant to a pre-established Rule 10b5-1 selling plan.

Key Details

• Transaction date: September 2, 2026; Prices: $25.04 per share.
• Lots sold: 22,811 shares ($571,187) + 266 ($6,661) + 266 ($6,661) + 265 ($6,636) + 266 ($6,661) = 23,874 shares, ≈ $597,806.
• Filing: Reported on the same day (filed Sep 2, 2026) — not indicated as late.
• Footnote: The sales were pursuant to a Rule 10b5-1 plan adopted June 10, 2025 (effective Sept 15, 2025). The filing also notes that 16,726 shares were sold the same day by the Irfan Kathwari Foundation under the same plan; Mr. Kathwari is deemed to beneficially own those foundation shares but has no reportable pecuniary interest.
• Shares owned after transaction: Not specified in the filing.

Context

• These were scheduled sales under a 10b5-1 plan, which is a pre-arranged mechanism many insiders use to sell shares at set times; such sales are generally viewed as routine and do not necessarily indicate a change in insider sentiment.
• This was a sale (S) — purchases generally carry more weight as a bullish signal for retail investors.