DePree Alexis 4

What Happened
Alexis DePree, a director of Arhaus, Inc. (ARHS), received a grant of 22,960 restricted stock units (RSUs) on May 14, 2026. The Form 4 shows 16,942 RSUs (16,110 + 832) converted/exercised into shares on May 15, 2026 at $0.00 per share; those same share amounts also appear as disposed on May 15 (both with $0 value) in the filing. No cash purchase or sale proceeds are shown — these entries reflect award vesting/settlement and conversion of derivative awards into common shares.

Key Details

• Grant date: 2026-05-14 — 22,960 RSUs granted at $0.00 (derivative award).
• Vest/convert date: 2026-05-15 — 16,110 and 832 RSUs converted to shares (total 16,942) at $0.00; same amounts also reported as disposed on 2026-05-15.
• Report filed: 2026-05-18 (accession 0001839053-26-000004). The provided filing does not include a late-filing flag.
• Shares owned after the transaction: Not specified in the provided excerpt of the filing.
• Relevant footnotes from the filing:
  • F1: Each RSU represents a contingent right to one share, subject to continuous service.
  • F2/F4: Dividend equivalent rights are contingent and vest proportionately with RSUs.
  • F3: Shares underlying the RSUs vested on May 15, 2026.
  • F5: (General vesting note) RSUs vest on the first anniversary of the transaction date, subject to service, per the grant terms.

Context
This is an equity award/vesting event (grant + conversion of RSUs), not an open-market buy or sale. The filing shows identical share counts both acquired (converted) and disposed the same day; the form does not explain the disposition (commonly such same-day dispositions can relate to tax withholding or net share settlement, but the filing itself does not state the reason). For retail investors, award vesting is typically routine compensation for insiders rather than a direct market sentiment signal.