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Form 8-K

sec.gov

8-K — HOOKER FURNISHINGS Corp

Accession: 0001185185-26-001416

Filed: 2026-04-17

Period: 2026-04-13

CIK: 0001077688

SIC: 2510 (HOUSEHOLD FURNITURE)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

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UNITED STATES

SECURITIES AND EXCHANGE

COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

April 13, 2026

HOOKER

FURNISHINGS CORPORATION

(Exact name of registrant as specified in its charter)

Virginia

000-25349

54-0251350

(State

or other jurisdiction of

incorporation or organization)

(Commission

File No.)

(I.R.S.

Employer

Identification No.)

440 East Commonwealth

Boulevard,

Martinsville, Virginia

24112

(276) 632-2133

(Address

of principal executive offices)

(Zip

Code)

(Registrant’s

telephone number, including area code)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General

Instruction A.2. below):

☐ Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, no par value

HOFT

NASDAQ Global Select Market

Indicate by check mark whether the registrant is

an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities

Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth

company ☐

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors

or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 13, 2026, the Compensation Committee

(the “Committee”) of the Board of Directors of Hooker Furnishings Corporation (the “Company”) approved annual

base salaries, annual cash incentives and long-term incentives for the Company’s executive officers.

Annual Base Salary

The base salary for each

executive officer for 2026 will be:

Base Salary

Jeremy R. Hoff, CEO and Director

$ 680,000

C. Earl Armstrong III, CFO and Senior VP – Finance and Accounting

375,000

Annual Cash Incentives

The annual cash incentive

for each executive officer for the Company’s 2027 fiscal year, which ends January 31, 2027, will be paid if the Company attains

certain revenue (30% weight) and operating income (70% weight) targets for fiscal 2027, as approved by the Board of Directors. No cash

bonus is payable if the Company fails to reach the threshold performance goal range and the cash bonus is capped at 2x target payment

if the Company reaches or exceeds the maximum performance goal range. There will be full interpolation for performance between the three

discrete performance levels.

The annual cash incentive

potential for each of the executive officers is as follows:

If the Company Attains:

Threshold

Target

Maximum

Jeremy R. Hoff

$ 204,000

$ 680,000

$ 1,360,000

C. Earl Armstrong III

67,500

225,000

450,000

Time-Based Restricted

Stock Units (RSUs). Each time-based RSU grant vests ratably by entitling the executive officer to receive one third of the grant if

he remains continuously employed with the Company through the end of each service period that ends April 13, 2027, April 13, 2028, and

April 13, 2029, respectively. At the discretion of the Committee, the RSUs may be paid in shares of the Company’s common stock,

cash (based on the fair market value of a share of the Company’s common stock on the date payment is made), or both. In addition

to the service-based vesting requirement, 100% of an executive officer’s RSUs will vest upon a change of control of the Company

and a prorated number of the RSUs will vest upon the death, disability or retirement of the executive officer. Dividends declared on unvested

RSUs awards accumulate in cash and are paid out only upon vesting of the underlying shares.

The number of RSUs awarded

to each executive officer is set forth in the table below.

Executive Officer

Number of RSUs

Jeremy R. Hoff

35,656

C. Earl Armstrong III

10,149

Performance-based

Restricted Stock Units (“PSUs”) Each performance-based RSU entitles the executive officer to receive

one share of the Company’s common stock based on the achievement of specified performance conditions (described below) if the executive

officer remains continuously employed by the Company through the end of the three-year performance period. The PSUs shall vest subject

to the Company’s attainment of pre-established performance goals of: (1) the Company’s absolute EPS compound annual growth

rate (“EPS CAGR”) and (2) relative Total Shareholder Return as measured against the Company’s compensation peer group,

both over a three-year performance period that began February 2, 2026 and ends January 28, 2029, as approved by the Committee. “Total

Shareholder Return” shall be measured by the average price for the twenty trading days prior to the start of the performance period

versus the average price for the last twenty trading days of the performance period. The payout or settlement of the PSUs shall be made

in shares of the Company’s common stock (based on the fair market value of the shares of the Company’s common stock on the

date of settlement or payment). Dividends declared on unvested PSU awards accumulate in cash and are paid out only upon vesting of the

underlying shares.

The settlement or payment

for each executive officer under his PSU will be the sum of the following share amounts:

a. An amount set forth in the table below based on the compound annual growth of the Company’s fully

diluted earnings per share from continuing operations (“EPS”) over the performance period. The Company’s EPS CAGR must

be at least 5% over the performance period for a payment to be made. There will be full interpolation for performance between the three

discrete performance levels.

Executive Officer

Threshold (5%)

Target (10%)

Maximum (25%)

Jeremy R. Hoff

5,348

17,828

35,656

C. Earl Armstrong III

1,522

5,075

10,149

b. An amount set forth in the table below based on the Company’s growth of Total Shareholder Return over the performance period

relative to a group of specified peer companies. Payout capped at target if the Company’s Total Shareholder Return for the performance

period is negative. There will be full interpolation for performance between the three discrete performance levels.

Executive Officer

Threshold (25%)

Target (50%)

Maximum (75%)

Jeremy R. Hoff

5,348

17,828

35,656

C. Earl Armstrong III

1,522

5,075

10,149

Item 9.01. Financial Statements

and Exhibits.

104 Cover Page Interactive Data

File (embedded within the Inline XBRL document).

1

Signature

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

HOOKER FURNISHINGS CORPORATION

By:

/s/ C. Earl Armstrong III

C. Earl Armstrong III

Chief Financial Officer and

Senior Vice-President – Finance and Accounting

Date: April 17, 2026

2

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