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HNI's Lorenger plans $376K Rule 144 stock sale

HNI CORP (HNI) has a Rule 144 notice filed for planned sales of its common stock by Jeffrey D. Lorenger.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

HNI CORP (HNI) has a Rule 144 notice filed for planned sales of its common stock by Jeffrey D. Lorenger. The notice states that 7,508 shares of HNI common stock are to be sold on 08/26/2026, in connection with a stock option exercise, through Fidelity Brokerage Services LLC for cash.

The filing also lists prior sales of HNI common stock for this account during the past three months: 45,850 shares on 08/03/2026 for proceeds of $2,180,204.05 and 700 shares on 08/24/2026 for $35,005.00. The notice is signed by Daniel Tucci as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Jeffrey D. Lorenger.

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Shares to be sold 7,508 shares of common stock Planned Rule 144 sale in connection with stock option exercise on 08/26/2026
Aggregate market value of securities to be sold $375,867.59 Amount listed for the 7,508 shares of common stock
Shares sold on 08/03/2026 45,850 shares of common stock Sales during the past 3 months by Jeffrey D. Lorenger
Proceeds on 08/03/2026 sale $2,180,204.05 Amount received for 45,850 shares of common stock
Shares sold on 08/24/2026 700 shares of common stock Additional sale during the past 3 months by Jeffrey D. Lorenger
Proceeds on 08/24/2026 sale $35,005.00 Amount received for 700 shares of common stock
Shares listed in securities information section 72,181,800 shares Figure shown alongside HNI CORP common stock in the securities information section
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Option Exercise financial
"Common | 08/26/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Jeffrey Lorenger"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing disclose for HNI (HNI)?

The notice discloses that 7,508 shares of HNI common stock are planned to be sold on 08/26/2026 in connection with a stock option exercise, with the transaction handled in cash through Fidelity Brokerage Services LLC.

How many HNI (HNI) shares has Jeffrey D. Lorenger sold recently under Rule 144?

The filing lists prior three‑month sales of 45,850 shares of HNI common stock on 08/03/2026 for $2,180,204.05 and 700 shares on 08/24/2026 for $35,005.00.

What is the total number of HNI (HNI) shares planned to be sold in this Form 144?

The notice states that 7,508 shares of HNI CORP common stock are to be sold, in connection with a stock option exercise, with the proposed transaction date of 08/26/2026.

Who is the broker handling the planned HNI (HNI) stock sale in this Form 144?

The broker listed is Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917, which is identified as the firm through which the 7,508 shares of HNI common stock are to be sold.

Who signed the HNI (HNI) Form 144 on behalf of the selling person?

The notice is signed by /s/ Daniel Tucci as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Jeffrey D. Lorenger.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature