Lee Michael Alan 4

4 · Arhaus, Inc. · Filed May 14, 2026

AI-generated summary of this filing

Updated May 15, 2026

Arhaus (ARHS) CFO Michael Lee Receives 42,065 Shares via Vesting

What Happened

Michael Alan Lee, Chief Financial Officer of Arhaus, had 42,065 shares issued to him on May 12, 2026 through conversion/settlement of restricted stock units and related dividend-equivalent rights. Of those shares, 12,241 were withheld to satisfy tax withholding obligations at $5.90/share (total tax withholding ≈ $72,222). Net shares received: 29,824.
This was a compensation-related vesting/net-settlement event (not an open-market buy or sell). Gross value of the vested shares using the $5.90 figure is ≈ $248,184; net value retained after withholding is ≈ $175,962.

Key Details

Transaction date: May 12, 2026; Form 4 filed May 14, 2026 (timely filing).
Reported transaction codes: M = exercise/conversion of derivative (RSUs/dividend equivalents); F = shares withheld to satisfy tax withholding.
Items reported:
- M: 40,000 shares acquired (conversion) @ $0.00
- M: 2,065 shares acquired (conversion) @ $0.00
- F: 12,241 shares disposed (withheld for taxes) @ $5.90 = $72,222
Net shares retained after withholding: 42,065 − 12,241 = 29,824.
Shares owned after the transaction: not specified in the supplied filing details.
Relevant footnotes: RSUs/Dividend Equivalent Rights convert to one share each upon vesting, vesting is conditioned on continued service and follows a 5-year schedule from May 12, 2025; withholding per F3 was for income tax obligations.

Context

This was a routine compensation vesting and net-settlement (cashless) withholding to cover taxes, not a market buy or sale. Such transactions are common for executive equity compensation and do not by themselves indicate a buy/sell sentiment.
Transaction codes: M indicates conversion/settlement of a derivative award (here RSUs), and F indicates shares withheld to satisfy tax obligations.

Form 4

Period: 2026-05-12

Chief Financial Officer

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-05-12+40,000→ 40,000 total
Exercise/Conversion
Class A Common Stock
[F2]
2026-05-12+2,065→ 42,065 total
Tax Payment
Class A Common Stock
[F3]
2026-05-12$5.90/sh−12,241$72,222→ 29,824 total
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-05-12−40,000→ 360,000 total
→ Class A Common Stock (40,000 underlying)
Exercise/Conversion
Dividend Equivalent Rights
[F2][F5]
2026-05-12−2,065→ 18,584 total
→ Class A Common Stock (2,065 underlying)

Footnotes (5)

[F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock, subject to the Reporting Person's continuous service to the Issuer at the time of vesting.
[F2]Each Dividend Equivalent Right represents a contingent right to receive one share of Class A Common Stock, subject to the Reporting Person's continuous service to the Issuer at the time of vesting.
[F3]Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of the RSUs.
[F4]Subject to the Reporting Person's continuous service to the Issuer, the RSUs vest on the first (10%), second (15%), third (20%), fourth (25%), and fifth (30%) anniversaries of the transaction date (May 12, 2025).
[F5]Subject to the Reporting Person's continuous service to the Issuer, the Dividend Equivalent Rights vest proportionately with the RSUs to which they relate.

Signature

/s/ Christian Sedor, Attorney-in-Fact|2026-05-14

1 file