Desai Samir 4

What Happened
Samir Desai, a director of Arhaus, received a grant of 22,960 restricted stock units (RSUs) on May 14, 2026 (award code A, $0.00 per share). The filing shows conversions/exercises of derivative securities on May 15, 2026 that resulted in 14,627 and 756 shares being acquired (total 15,383 shares) and matching disposals of 14,627 and 756 shares (total 15,383 shares) at $0.00 (derivative). The primary event is an RSU award and the subsequent vest/ conversion into underlying shares.

Key Details

• Transaction dates and types:
  • 2026-05-14: Grant/award of 22,960 RSUs (code A) at $0.00.
  • 2026-05-15: Conversion/exercise of derivative (code M) — 14,627 shares acquired and 14,627 shares disposed (each $0.00, derivative).
  • 2026-05-15: Conversion/exercise of derivative (code M) — 756 shares acquired and 756 shares disposed (each $0.00, derivative).
• Total converted/processed on May 15: 15,383 shares acquired and 15,383 shares disposed.
• Shares owned after the transactions: not specified in the filing.
• Footnotes of note:
  • F1–F2: Each RSU and dividend equivalent right represents a contingent right to one share, subject to continued service.
  • F3: Shares underlying the RSUs vested on May 15, 2026.
  • F4: Dividend equivalent rights vest proportionately with the RSUs.
  • F5: RSUs vest on the first anniversary of the transaction date subject to continued service.
• Filing timeliness: Form filed May 18, 2026 covering transactions on May 14–15, 2026; the filing itself does not indicate a delinquency.

Context
This filing documents equity compensation activity (RSU grant and vest/conversion). The paired "acquired" and "disposed" derivative entries on May 15 indicate converted shares were also transferred or removed from reporting as derivative dispositions; filings commonly show this pattern when shares are immediately transferred (for example, to satisfy withholding or other settlement obligations), though the form does not state a reason. Awards and vesting are compensation events rather than open-market purchases or sales and do not by themselves signal a buy/sell decision by the insider.