Arhaus (ARHS) Director Richard Keyes Receives 17,089 RSU Award

What Happened

• Richard Patrick Keyes, a director of Arhaus, was granted 17,089 restricted stock units (RSUs) on 2026-08-03. The award was reported as an acquisition (grant) at $0.00 per unit (total reported value $0) and is recorded as a derivative award on the Form 4.
• This was a compensation grant (award), not an open-market purchase or sale — awards are routine director compensation and do not by themselves indicate buying or selling sentiment.

Key Details

• Transaction date: 2026-08-03; Form filed: 2026-08-05 (appears timely under Form 4 rules).
• Transaction type/code: A (award/grant); price per unit: $0.00; total units granted: 17,089 RSUs.
• Shares owned after transaction: not reported on this Form 4.
• Footnotes: F1 — each RSU represents a contingent right to receive one share of Class A common stock upon vesting. F2 — RSUs vest on May 14, 2027 (subject to applicable vesting conditions).
• These are derivative securities (RSUs), not immediately issued common shares; could be subject to forfeiture or tax withholding at vesting.

Context

• RSUs convert to actual shares only when they vest (here, May 14, 2027); until then they are contingent awards. Any shares delivered at vesting may be subject to tax withholding or company policies.
• Grants to directors are common as compensation. Unlike purchases, grants do not directly signal immediate insider conviction through buying; they reflect compensation decisions by the company.