secwatch.observer — SEC 8-K summary
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Issuer:     HAVERTY FURNITURE COMPANIES INC (HVT)
CIK:        0000216085
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0000216085-22-000003
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Haverty Furniture sets 2022 executive compensation, including MIP targets and equity grants
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- NEO target payouts range from 60% to 100% of base salary; CEO Smith target is 100%.
- MIP I (80% of target) based on pre-tax earnings; payout ranges from 40% to 175% of target.
- MIP II (remaining 20%) subject to additional criteria approved by NCG Committee.
- Grants: CEO Smith receives 7,973 RSUs and 31,894 PRSUs (EBITDA/Sales).
- Other NEOs: Burdette 4,000 RSUs, 9,333 PRSUs; Hare 3,520 RSUs, 8,213 PRSUs; Clary and Gill each 2,600 RSUs, 6,067 PRSUs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216085/000021608522000003/0000216085-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216085/000021608522000003/hvt8k2122.htm
  HTML page:      https://secwatch.observer/filing/0000216085-22-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer