VELTRI KATHY E 4
Research Summary
AI-generated summary
Arhaus (ARHS) Chief Retail Officer Kathy Veltri Receives Equity Awards
What Happened
Kathy Veltri, Chief Retail Officer of Arhaus, received two equity award grants on April 15, 2026: 39,782 performance share units (PSUs) and 39,783 restricted stock units (RSUs), for a total of 79,565 contingent units. Both grants were reported at $0.00 (no cash paid) and are derivative awards that may convert into Class A common stock in the future.
Key Details
- Transaction date: 2026-04-15; Form 4 filed 2026-04-17 (timely filing).
- Award amounts and reported price: 39,782 PSUs @ $0.00 and 39,783 RSUs @ $0.00 (total 79,565 units).
- Shares owned after transaction: not specified in the provided filing summary.
- Notable footnotes:
- PSUs: contingent rights to one share each, tied to performance over 1/1/2026–12/31/2028; payout can be 0%–200% of target (vesting noted on 12/31/2028, settlement after Compensation Committee determines earned amount).
- RSUs: contingent rights to one share each, vest pro rata on the 1st, 2nd and 3rd anniversaries of April 15, 2026, subject to continued service.
- Transaction code: A = Award/Grant (derivative awards).
Context
These grants are standard compensation awards, not open-market purchases or sales. PSUs are performance-contingent and may result in more, fewer, or no shares depending on Arhaus's achievement of performance targets; RSUs are time-based and vest with continued service. Because these are awards, they do not, by themselves, signal an insider buying or selling stock today — they represent potential future dilution if and when the units convert to shares.