Anne J. Smith - 09 Apr 2025 Form 4 Insider Report for HOOKER FURNISHINGS Corp (HOFT)

Role: Chief Administrative Officer
Signature: /s/ Yumin Yang Attorney in Fact for Anne J. Smith
Issuer symbol: HOFT
Transactions as of: 09 Apr 2025
Net transactions value: -$5,040
Form type: 4
Filing time: 11 Apr 2025, 17:00:56 UTC
Previous filing: 24 Feb 2025
Next filing: 15 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOFT	Common Stock	Options Exercise		+1,723	+11%		17,448	09 Apr 2025	Direct	F1
transaction	HOFT	Common Stock	Tax liability	$5,040	-586	-3.4%	$8.60	16,862	09 Apr 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HOFT	Restricted Stock Unit (RSU)	Options Exercise	$0	-1,723	-33%	$0.000000	3,445	09 Apr 2025	Common Stock	1,723		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU represents a contingent right to receive one share of HOFT common stock.
F2	On April 9, 2024, the reporting person was granted 5,168 restricted stock units. 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 April 9, 2025, April 9, 2026, and April 9, 2027, respectively.
F3	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.