| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock, No Par Value |
| (b) | Name of Issuer:
Hooker Furnishings Corporation |
| (c) | Address of Issuer's Principal Executive Offices:
440 East Commonwealth Boulevard, Martinsville,
VIRGINIA
, 24112. |
| Item 2. | Identity and Background |
|
| (a) | This Statement is filed by:
(i) Global Value Investment Corporation, a Delaware corporation ("GVIC");
(ii) Jeffrey R. Geygan, who serves as a director of GVIC, and is the controlling person of GVIC;
(iii) James P. Geygan, who serves as the interim chief executive officer and a director of GVIC;
(iv) Stacy A. Wilke, who serves as the chief financial officer of GVIC;
(v) Kathleen M. Geygan, who serves as a director of GVIC; and
(vi) Shawn G. Rice, who serves as a director of GVIC.
Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."
GVIC serves as investment adviser to managed accounts (collectively, the "Accounts"), and may be deemed to have beneficial ownership over the Common Stock held for the Accounts.
GVIC owns 2,000 shares of Common Stock in its corporate capacity. Mr. Jeffrey Geygan, Mr. James Geygan, Ms. Wilke, Ms. Geygan, and Mr. Rice each own shares of Common Stock in their individual capacities. These shares may be deemed to be indirectly beneficially owned by GVIC. Mr. Jeffrey Geygan owns 10,005 shares in his individual capacity. Mr. James Geygan owns 3,480 shares in his individual capacity. Ms. Wilke owns 2,460 shares in her individual capacity. Ms. Geygan owns 1,585 shares in her individual capacity. Mr. Rice owns 2,595 shares in his individual capacity.
Mr. Jeffrey Geygan, Mr. James Geygan, Ms. Geygan, and Mr. Rice are the directors of GVIC. Mr. James Geygan and Ms. Wilke are the executive officers of GVIC. As a result of his ownership interest in GVIC, Mr. Jeffrey Geygan is the controlling person of GVIC. As each of the Reporting Persons, directly or indirectly, share the power to vote, or direct the voting of, the Common Stock held for the Accounts, and the power to dispose, or to direct the disposition of, the Common Stock held for the Accounts, each may be deemed to have beneficial ownership over the Common Stock held for the Accounts. |
| (b) | 1433 North Water Street, Suite 400, Milwaukee, Wisconsin 53202.
|
| (c) | The principal business of GVIC is acting as an investment manager. The principal occupation of Jeffrey R. Geygan is acting as a director of GVIC. The principal occupation of James P. Geygan is acting as the interim chief executive officer of GVIC. The principal occupation of Stacy A. Wilke is acting as the chief financial officer of GVIC. The principal occupation of Kathleen M. Geygan is acting as a director of GVIC. The principal occupation of Shawn G. Rice is acting as a director of GVIC.
The address of the principal business and principal office of each of the Reporting Persons is 1433 North Water Street, Suite 400, Milwaukee, Wisconsin 53202. |
| (d) | During the past five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
|
| (e) | During the past five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
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| (f) | Mr. Jeffrey Geygan, Mr. James Geygan, Ms. Wilke, Ms. Geygan, and Mr. Rice are citizens of the United States of America. GVIC is a Delaware corporation.
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| Item 3. | Source and Amount of Funds or Other Consideration |
| | All of the shares of Common Stock to which this Statement relates were purchased on behalf of the Reporting Persons using the investment capital of the Reporting Persons. Such shares of Common Stock are or may be held from time to time in margin accounts established with their respective brokers or banks, and a portion of the purchase price for the Common Stock may have been obtained through margin borrowing. Common Stock positions held in margin accounts may be pledged as collateral security for the repayment of debit balances in the margin accounts. The aggregate purchase price of the 560,490.5 shares of Common Stock acquired was approximately $8,529,773.75 (excluding commissions). |
| Item 4. | Purpose of Transaction |
| | Item 4 is amended to include the following:
On February 17, 2026, the Issuer entered into a First Amendment to Cooperation Agreement (the "Amendment") with the Reporting Persons, which amends that certain Cooperation Agreement, dated January 1, 2026, by and among the Issuer and the Reporting Persons (the "Cooperation Agreement").
Pursuant to the Cooperation Agreement, the Issuer and the Reporting Persons agreed to act in good faith and cooperate to identify a mutually agreeable independent director candidate for appointment to the Board of Directors of the Issuer who possesses industry background relevant to the Issuer's business (the "New Director Search") no later than February 15, 2026. The Issuer and the Reporting Persons have narrowed the list of potential director candidates, but nonetheless believe it was prudent to enter into the Amendment, which extends the time period during which the Issuer and the Reporting Persons are required to conduct and complete the New Director Search to no later than February 28, 2027.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by the full text of the Cooperation Agreement, a copy of which is filed hereto as Exhibit 7 and incorporated herein by reference, and the full text of the Amendment, a copy of which is filed hereto as Exhibit 8 and incorporated herein by reference. |
| Item 5. | Interest in Securities of the Issuer |
| (a) | The responses of the Reporting Persons to rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Statement are incorporated herein by reference. As of 4:00 p.m., Eastern time, on Fenruary 19, 2026, the Reporting Persons beneficially owned 560,490.5 shares of Common Stock, representing approximately 5.20% of the outstanding shares of Common Stock. The percentage in this paragraph relating to beneficial ownership of Common Stock is based on 10,777,720 shares of Common Stock, No Par Value outstanding as of December 5, 2025, as reported in the Form 10-Q for the quarterly period ended November 2, 2025, of the Issuer. |
| (b) | The responses of the Reporting Persons to rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Statement are incorporated herein by reference. As of 4:00 p.m., Eastern time, on Fenruary 19, 2026, the Reporting Persons beneficially owned 560,490.5 shares of Common Stock, representing approximately 5.20% of the outstanding shares of Common Stock. The percentage in this paragraph relating to beneficial ownership of Common Stock is based on 10,777,720 shares of Common Stock, No Par Value outstanding as of December 5, 2025, as reported in the Form 10-Q for the quarterly period ended November 2, 2025, of the Issuer. |
| (c) | Except as set forth in Exhibit 1, none of the Reporting Persons has effected any transactions in the Common Stock in the 60 days prior to the date of this Statement. |
| (d) | No other person is known to the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock covered by this Statement.
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| (e) | N/A
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| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
| | Item 6 is hereby amended to add the following:
On February 17, 2026, the Reporting Persons and the Issuer entered into the Amendment, as defined and described in Item 4 above and attached as Exhibit 8 hereto.
|
| Item 7. | Material to be Filed as Exhibits. |
| | Exhibit 1: Transactions by the Reporting Persons in the Past 60 Days
Exhibit 7: Cooperation Agreement, by and among Hooker Furnishings Corporation, Global Value Investment Corporation and each of the parties listed on Schedule A thereto, dated as of January 1, 2026
Exhibit 8: First Amendment to Cooperation Agreement, by and among Hooker Furnishings Corporation, Global Value Investment Corporation and each of the parties listed on Schedule A thereto, dated as of February 17, 2026 |
(a)