Arhaus, Inc. filings document the reporting obligations of a Nasdaq-listed premium home furnishings retailer with Class A and Class B common stock. Form 8-K disclosures cover operating results, Regulation FD investor presentations, special cash dividends, executive and board changes, and material financing arrangements tied to the company's revolving credit facility.
Proxy materials describe annual meeting matters, director elections, board composition, corporate governance and executive compensation. The filing record also includes disclosures on Arhaus' omni-channel retail model, showrooms, e-commerce, product sourcing, merchandising categories, distribution infrastructure and capital structure.
Arhaus, Inc.’s Chief Financial Officer Michael Alan Lee reported equity compensation-related transactions involving Class A Common Stock. He exercised derivative awards covering 42,065 shares of Class A Common Stock, including 40,000 shares from Restricted Stock Units and 2,065 shares from Dividend Equivalent Rights. In connection with the net settlement of these RSUs, 12,241 shares were withheld by the company at a value of $5.90 per share to satisfy income tax withholding and remittance obligations. Footnotes explain that each RSU and Dividend Equivalent Right converts into one share of Class A Common Stock, subject to his continuous service, with the RSUs vesting in 10%, 15%, 20%, 25%, and 30% installments on the first through fifth anniversaries of May 12, 2025.
Arhaus, Inc. reported modest top-line growth but weaker profitability for the three months ended March 31, 2026. Net revenue inched up to $314.3 million from $311.4 million, while net and comprehensive income fell to $2.2 million from $4.9 million as gross margin contracted to 36.4% and SG&A grew slightly faster than sales.
Adjusted EBITDA was $18.0 million, down from $18.6 million, and operating cash flow swung to a $9.7 million use of cash largely due to higher inventory, lease payments and lower accrued expenses. Arhaus ended the quarter with $177.1 million in cash and no borrowings on its $75 million revolving credit facility after paying a $0.35 per share special dividend totaling $49.4 million. The company continues to carry previously identified material weaknesses in internal control over financial reporting and is executing a multi-year remediation and systems modernization program.
Arhaus reported mixed first quarter 2026 results. Net revenue rose 0.9% year-over-year to $314.3 million, the highest first-quarter level in the company’s history, but softer demand and higher costs pressured profitability.
Comparable Delivered Sales fell 1.7% and Comparable Written Sales declined 5.7%, reflecting macro uncertainty, weather disruptions and a delayed Spring catalog. Gross margin was $114.4 million while selling, general and administrative expenses increased to $112.2 million, leaving income from operations at $2.1 million.
Net and comprehensive income dropped to $2.2 million, or $0.02 per diluted share, down from $4.9 million a year earlier. Adjusted EBITDA was broadly stable at $18.0 million. Free cash flow turned negative at -$25.6 million as inventory and capital spending increased and the company paid a special cash dividend.
Arhaus ended the quarter with $177.1 million in cash and no long-term debt, 107 showrooms across 31 states, and client deposits of $271.2 million. Management reaffirmed full-year 2026 guidance, including net revenue of $1.43–$1.47 billion, net income of $66–$75 million and Adjusted EBITDA of $150–$161 million, and projected mid–single-digit Net Unit Growth from 10–14 showroom projects.
Voya Financial, Inc. filed a Schedule 13G reporting beneficial ownership of 2,769,746 shares of Arhaus, Inc. Class A common stock, representing 5.1% of the class. The filing states Voya has sole voting power for 2,763,422 shares and sole dispositive power for 2,769,746 shares. Voya files as the ultimate corporate parent and notes the shares are held by its wholly owned subsidiaries listed on Exhibit A.
Sedor Christian reported acquisition or exercise transactions in this Form 4 filing.
Arhaus, Inc. granted Chief Accounting Officer Christian Sedor equity awards in the form of performance share units (PSUs) and restricted stock units (RSUs). The grant includes 15,734 PSUs and 15,735 RSUs, each representing a contingent right to receive one share of Class A common stock.
The PSUs cover a three-year performance period from January 1, 2026 to December 31, 2028, with the actual shares earned ranging from 0%-200% of the 15,734 target based on company performance and subject to continued employment. The RSUs vest in three equal annual installments on the first, second, and third anniversaries of April 15, 2026, contingent on Sedor’s continuous service.
Porter Jennifer E reported acquisition or exercise transactions in this Form 4 filing.
Arhaus, Inc. reported that Chief Marketing Officer Jennifer E. Porter received new equity awards in the form of performance share units and restricted stock units tied to Class A Common Stock. She was granted 39,782 Performance Share Units (PSUs) and 39,783 Restricted Stock Units (RSUs).
Each PSU represents a contingent right to one share, with the actual number earned ranging from 0%-200% of the target based on performance over a three-year period from January 1, 2026 to December 31, 2028. PSU vesting on December 31, 2028 depends on continuous employment and the Compensation Committee’s determination of performance. The RSUs vest in three equal annual installments on the first, second, and third anniversaries of April 15, 2026, conditioned on continuous service.
Rengel Michael reported acquisition or exercise transactions in this Form 4 filing.
Arhaus, Inc. Chief Merchandising Officer Michael Rengel received new equity awards tied to future performance and continued service. He was granted 150,000 Performance Share Units, each representing a potential share of Class A Common Stock. These PSUs cover a three-year performance period from January 1, 2026 through December 31, 2028. The actual shares earned can range from 0% to 200% of the 150,000 target units based on the company’s performance, and they vest on December 31, 2028, with payout determined afterward by the Compensation Committee. He also received 150,000 Restricted Stock Units, each representing one potential share of Class A Common Stock. The RSUs vest in three equal annual installments on the first, second, and third anniversaries of April 15, 2026, as long as he remains in continuous service with the company.
VELTRI KATHY E reported acquisition or exercise transactions in this Form 4 filing.
Arhaus, Inc. granted Chief Retail Officer Kathy E. Veltri 39,782 Performance Share Units and 39,783 Restricted Stock Units tied to Class A Common Stock. The PSUs cover a three-year performance period from January 1, 2026 to December 31, 2028, with actual shares earned ranging from 0%-200% of the target based on performance. PSU vesting on December 31, 2028 and payout depend on the Compensation Committee’s determination of performance results and her continued employment. The RSUs vest in three equal annual installments on the first, second, and third anniversaries of April 15, 2026, subject to her continuous service.
Lee Michael Alan reported acquisition or exercise transactions in this Form 4 filing.
Arhaus, Inc. disclosed that Chief Financial Officer Michael Alan Lee received equity-based compensation awards on April 15, 2026. He was granted 39,782 Performance Share Units, each representing a contingent right to one share of Class A Common Stock, tied to a three-year performance period from January 1, 2026 to December 31, 2028. Depending on achievement of performance goals, the actual PSUs earned can range from 0% to 200% of this target amount and will vest on December 31, 2028, subject to continuous employment and Compensation Committee determination. He was also granted 39,783 Restricted Stock Units, each representing a contingent right to one share of Class A Common Stock, vesting in three equal annual installments on the first, second, and third anniversaries of April 15, 2026, contingent on continued service.
Sutley Allison reported acquisition or exercise transactions in this Form 4 filing.
Arhaus, Inc. granted Chief Information Officer Allison Sutley performance-based and time-based equity awards tied to the company’s Class A Common Stock. These are compensation grants rather than open-market trades.
The filing reports an award of 36,166 Performance Share Units (PSUs), each representing a contingent right to receive one share of Class A Common Stock. The PSUs cover a three-year performance period from January 1, 2026 through December 31, 2028. The target of 36,166 PSUs may ultimately result in 0% to 200% of that amount being earned, depending on performance against company goals, and they vest on December 31, 2028 subject to continuous employment.
In addition, Sutley received 36,166 Restricted Stock Units (RSUs), each also representing a contingent right to receive one share of Class A Common Stock. These RSUs vest in three equal installments on the first, second, and third anniversaries of April 15, 2026, subject to continued service. No purchase or sale of shares in the market is reported in this filing.