Beargie William 4

What Happened

• William Beargie, a director of Arhaus, had 22,960 restricted stock units (RSUs) vest on July 7, 2026. The Form 4 reports the conversion/exercise of those RSUs into 22,960 shares of Class A common stock at an exercise/acquisition price of $0.00 (total cash paid $0). The filing shows the RSU derivative reported as "disposed" to reflect the conversion; no open‑market sale of the underlying shares is reported.

Key Details

• Transaction date: July 7, 2026
• Report filed: July 9, 2026 (timely — within the usual 2 business days for Form 4)
• Shares acquired: 22,960 Class A common shares via RSU vesting
• Exercise/acquisition price: $0.00 per share (total cash paid $0)
• Footnotes: F1/F2 — each RSU equals a contingent right to one share; the RSUs vested on July 7, 2026
• Shares owned after the transaction: not disclosed in the provided filing excerpt
• The "disposed" derivative line reflects conversion/cancellation of the RSUs, not a market sale of shares

Context

• This transaction is compensation-based (RSU vesting), not an open-market purchase or sale; such vesting is routine and does not by itself signal a personal market bet. For options/derivative entries, the key point for investors is that the RSUs converted into shares with no cash exchange recorded.