Hooker Furnishings (HOFT) director logs tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HOOKER FURNISHINGS Corp director Paul A. Huckfeldt reported a routine tax-withholding disposition related to vested restricted stock units. On April 10, 2026, 521 shares of common stock were delivered at $15.32 per share to cover tax liabilities from prior RSU vesting.
After this withholding, Huckfeldt directly holds 40,610 shares of common stock and indirectly holds 2,758 shares through a 401(k) plan. Footnotes explain that the RSUs were originally granted in 2023 and that 203 of the 401(k) shares were acquired via dividend reinvestment between February 2025 and February 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Huckfeldt Paul A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 521 | $15.32 | $8K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,610 shares (Direct);
Common Stock — 2,758 shares (Indirect, By 401k)
Footnotes (1)
- On April 10, 2023, the reporting person was granted 2,403 restricted stock units. The reporting person is retired as of February 2, 2025. Pursuant to the terms of the grant letter, the reporting person vested pro-rata on his retirement date with 1,469 RSUs pursuant to this grant. The RSUs had already been reported in the reporting person's Form 4 filed on February 4, 2025. At settlement of these vested RSUs, the reporting person paid the tax liability associated with the vesting of the restricted stock by delivering or withholding of 521 shares of Company common stock. Between February 26, 2025 and February 3, 2026, the reporting person acquired 203 shares of Hooker Furnishings common stock under the Hooker Furnishings 401(k) plan due to dividend reinvestment feature.
Key Figures
Tax-withholding shares: 521 shares at $15.32
Direct holdings after transaction: 40,610 shares
Indirect 401(k) holdings: 2,758 shares
+3 more
6 metrics
Tax-withholding shares
521 shares at $15.32
Common stock delivered on April 10, 2026 to cover tax liability
Direct holdings after transaction
40,610 shares
Common stock directly owned after April 10, 2026 disposition
Indirect 401(k) holdings
2,758 shares
Common stock held indirectly in 401(k) after reported activity
Original RSU grant
2,403 RSUs
Restricted stock units granted on April 10, 2023
Vested RSUs at retirement
1,469 RSUs
RSUs vested pro-rata as of February 2, 2025 retirement
401(k) dividend reinvestment
203 shares
Shares acquired in 401(k) between Feb 26, 2025 and Feb 3, 2026
Key Terms
restricted stock units, tax liability, dividend reinvestment feature, 401(k) plan
4 terms
restricted stock units financial
"the reporting person was granted 2,403 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"paid the tax liability associated with the vesting of the restricted stock"
dividend reinvestment feature financial
"acquired 203 shares ... under the ... 401(k) plan due to dividend reinvestment feature"
401(k) plan financial
"acquired 203 shares ... under the Hooker Furnishings 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did HOOKER FURNISHINGS (HOFT) report for Paul A. Huckfeldt?
Paul A. Huckfeldt reported a tax-withholding disposition of 521 HOOKER FURNISHINGS common shares. These shares were delivered to cover taxes owed on previously vested restricted stock units, not sold in an open-market transaction.
Was the HOOKER FURNISHINGS (HOFT) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy tax obligations arising from the vesting of restricted stock units previously granted to Paul A. Huckfeldt.
What restricted stock units are referenced in Paul A. Huckfeldt’s HOOKER FURNISHINGS (HOFT) filing?
Footnotes state that Huckfeldt received 2,403 restricted stock units in April 2023 and vested in 1,469 RSUs upon his retirement in February 2025, which led to the tax liability covered in this Form 4.