---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-002396"
form_type: "8-K"
ticker: "ETD"
cik: "0000896156"
company_name: "ETHAN ALLEN INTERIORS INC"
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T12:07:05.779755+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ethan Allen enters new CEO employment agreement with Kathwari, $1.15M base salary, three-year term through June 2025

## Summary
- New employment agreement for Chairman/President/CEO M. Farooq Kathwari effective July 1, 2022, term through June 30, 2025.
- Base salary of $1,150,000 per year; annual incentive bonus target 100% of base salary ($1,150,000), maximum 140%.
- Performance-based stock units granted annually; threshold 65% of base salary, target 105%, maximum 145%.
- Restricted stock units granted annually equal to 27% of base salary ($310,500).
- Termination provisions include salary continuation and severance up to $2.0M for certain terminations.

## SEC filing metadata
- accession: 0001437749-22-002396
- form_type: 8-K
- ticker: ETD
- cik: 0000896156
- company_name: ETHAN ALLEN INTERIORS INC
- filed_at: 2022-02-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896156/000143774922002396/0001437749-22-002396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896156/000143774922002396/eth20220203_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-002396
- JSON: https://secwatch.observer/filing/0001437749-22-002396.json
- Plain text: https://secwatch.observer/filing/0001437749-22-002396.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.