VELTRI KATHY E 4

What Happened

• Kathy E. Veltri, Chief Retail Officer of Arhaus, had restricted stock units (RSUs) and dividend equivalent rights convert into 12,414 shares on April 2, 2026 (11,804 + 610). These vested shares were recorded as exercises/conversions of derivatives (code M). To cover tax withholding, 4,901 of those shares were surrendered at $6.38 per share for $31,268 (code F), leaving a net of 7,513 shares issued to her.

Key Details

• Transaction date: April 2, 2026; Form 4 filed April 6, 2026 (filed a few days after the transaction).
• Conversion entries: 11,804 and 610 shares reported as exercised/converted at $0.00 (typical for RSU vesting).
• Tax withholding: 4,901 shares withheld at $6.38/share = $31,268 remitted to satisfy tax obligations.
• Net new shares to insider: 7,513 (12,414 vested − 4,901 withheld).
• Footnotes: RSUs and Dividend Equivalent Rights convert to one share each upon vesting (subject to continued service); withholding represents shares retained to cover income taxes; RSUs vest in installments tied to anniversaries of an April 3, 2025 grant.
• The filing does not list total post-transaction share ownership in this summary; this report documents the vesting and withholding activity.

Context

• This was not an open-market sale or purchase signal. It reflects routine vesting of RSUs and automatic share withholding to cover taxes (a common administrative step). For derivative transactions like this, “exercise/conversion” simply means the RSU/DERs vested and were converted into actual shares.