Armstrong Cecil Earl III bought HOFT
February 20, 2025 · Form 4 insider transaction
Armstrong Cecil Earl III bought 11,494 shares of Hooker Furnishings Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Each RSU represents a contingent right to receive one share of HOFT common stock.; Each RSU grant vests ratably by entitling the executive officer to receive one third of the grant if he or she remains continuously employed with the Company through the end of each service period that ends February 20, 2026, February 20, 2027, and February 20, 2028 , respectively.; At the direction of the issuer's Compensation Committee, the RSUs may be paid in shares of HOFT common stock, cash (based on the fair market value of a share of HOFT common stock on the date payment is made) or both.