HNI ex-CEO may sell 559 shares under 10b5-1 plan
Retired CEO David Sylvester files a Form 144 to potentially sell 559 HNI common shares under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
HNI CORP (HNI) received a Form 144 notice indicating that retired CEO David Sylvester may sell 559 shares of HNI common stock. The shares are listed on the NYSE, with an aggregate market value of $26,476.95 as of September 11, 2026.
The notice cites sales being made pursuant to a Rule 10b5-1 trading plan. It also lists prior stock bonus awards of 427 shares on February 28, 2025 and 132 shares on February 27, 2026 that relate to the securities to be sold.
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Key Figures
Shares potentially to be sold: 559 shares
Aggregate market value: $26,476.95
Stock bonus award: 427 shares
+2 more
5 metrics
Shares potentially to be sold
559 shares
HNI CORP common stock covered by the Form 144 notice
Aggregate market value
$26,476.95
Value of 559 HNI common shares as of September 11, 2026
Stock bonus award
427 shares
Common shares received as a stock bonus from issuer on February 28, 2025
Stock bonus award
132 shares
Common shares received as a stock bonus from issuer on February 27, 2026
Date of notice
September 11, 2026
Date on which the Form 144 notice was signed
Key Terms
Rule 144, stock bonus, Rule 10b5-1
3 terms
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 bonus financial
"COMMON | 02/28/2025 | STOCK BONUS | ISSUER"
Rule 10b5-1 regulatory
"Remarks | SELLING PURSUANT TO 10B51 PLAN"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for HNI (HNI)?
The filing discloses that retired CEO David Sylvester has notified of a potential sale of 559 shares of HNI common stock with an aggregate market value of $26,476.95, as of September 11, 2026, under Rule 144.
Who is the selling security holder in this HNI (HNI) Form 144?
The selling security holder is David Sylvester, identified as retired CEO of HNI CORP. The Form 144 is filed for his account with respect to HNI common stock.
Is the HNI (HNI) Form 144 sale under a Rule 10b5-1 plan?
Yes. The remarks state the securities are being “SELLING PURSUANT TO 10B51 PLAN,” indicating sales are expected to occur under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.