Porter Jennifer E 4

What Happened

• Jennifer E. Porter, Chief Marketing Officer of Arhaus, reported that 2,339 restricted stock units (RSUs) converted into 2,339 shares of Class A common stock on March 10, 2026 (reported on Form 4 filed 2026-03-12). The RSU conversion had an acquisition price of $0.00 (typical for vested RSUs).
• To satisfy tax withholding obligations, 681 of those shares were withheld/disposed at $7.40 per share, generating $5,039 in withholding. Net shares retained from this vesting event: 1,658 shares.
• This was a vesting/settlement of RSUs (award conversion) and a routine tax-withholding disposition, not an open-market purchase or voluntary sale of additional shares.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (timely filing).
• Codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld to pay tax liability.
• Shares converted: 2,339 at $0.00; shares withheld/disposed for taxes: 681 @ $7.40 each = $5,039.
• Net shares received from the vesting: 1,658 (2,339 − 681).
• Filing does not state total shares owned by the insider after the transaction (only net shares delivered from this vesting).
• Footnotes from the filing: F1 explains each RSU represents a contingent right to one share; F2 notes shares were withheld to satisfy income tax withholding; F3 notes RSUs vest equally on the first, second, and third anniversaries of March 10, 2023.

Context

• This was a routine RSU vesting and net settlement (the company withheld shares to cover taxes). The RSUs converted to shares with no cash exercise price (acquired at $0.00), and only the tax-withholding portion was effectively disposed of.
• Such withholding transactions are common and primarily administrative; they do not necessarily indicate insider sentiment about the company.