VELTRI KATHY E 4

What Happened
Kathy E. Veltri, Chief Retail Officer of Arhaus, had 2,339 restricted stock units (RSUs convert/derivatives) vest and convert into 2,339 shares on March 10, 2026. The company withheld 681 shares to cover income taxes (reported at $7.40/share, totaling $5,039), leaving a net of about 1,658 shares delivered to her. The filing shows the RSU derivative was converted (M) and shares were withheld for tax purposes (F).

Key Details

• Transaction date: March 10, 2026; Form filed March 12, 2026 (timely).
• Conversion: 2,339 RSUs converted to 2,339 shares (reported as derivative conversion, code M).
• Tax withholding: 681 shares withheld at $7.40/share = $5,039 (code F).
• Implied gross value (based on $7.40 reported price): 2,339 × $7.40 ≈ $17,309; net value delivered ≈ 1,658 × $7.40 ≈ $12,270.
• Shares owned after the transaction: not specified in the supplied filing excerpt.
• Footnotes: F1–F3 state these are RSUs that vest subject to continuous service; the award vests equally on the 1st, 2nd and 3rd anniversaries of March 10, 2023; withheld shares satisfy tax withholding obligations.

Context
This was a standard RSU vesting/net-settlement for taxes (not an open-market buy or sale). The filing shows conversion of the RSU derivative into shares and a net settlement where some shares were withheld to cover tax liabilities — a routine administrative action that does not, by itself, indicate buying or selling intent.