Desai Samir 4
Research Summary
AI-generated summary
Arhaus (ARHS) Director Samir Desai Receives Award of 756 Shares
What Happened
- Samir Desai, a member of the Board of Directors of Arhaus, Inc. (ARHS), received an award of 756 dividend-equivalent shares tied to unvested Restricted Stock Units (RSUs). The grant was recorded as 756 shares at $0.00 (derivative acquisition) on March 31, 2026. This is an award/compensation event rather than a market purchase or sale.
Key Details
- Transaction date: March 31, 2026; Filing date: April 2, 2026 (no late filing indicated).
- Shares/units: 756 dividend-equivalent rights acquired at $0.00 (derivative).
- Post-transaction beneficial ownership: not specified in the provided excerpt.
- Footnote: The dividend-equivalent rights accrued on unvested RSUs outstanding on March 31, 2026 and vest proportionately with those RSUs; each right equals the economic equivalent of one share of Class A common stock (F1).
- Remarks: Exhibit list includes a Power of Attorney (Exhibit 24).
Context
- These are dividend-equivalent rights that mirror stock dividends on unvested RSUs and will vest according to the underlying RSU vesting schedule. Such awards are routine compensation for executives/directors and are not an open-market purchase (so they are not a direct bullish signal).
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