HNI's Lorenger plans $75K stock sale after exercise
HNI CORP (HNI) is the issuer for a planned sale of its common stock by insider Jeffrey D. Lorenger under Rule 144.
Rhea-AI Filing Summary
HNI CORP (HNI) is the issuer for a planned sale of its common stock by insider Jeffrey D. Lorenger under Rule 144. A brokerage account at Fidelity Brokerage Services LLC has filed to sell 1,504 shares of HNI common stock, related to a stock option exercise for cash dated August 28, 2026. The notice also lists several prior sales of HNI common shares by Lorenger during the past three months, with disclosed share amounts and dollar values.
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Key Figures
Proposed shares to be sold: 1,504 shares of common stock
Aggregate market value of proposed sale: $75,200.00
Sale on August 3, 2026: 45,850 shares for $2,180,204.18
+3 more
6 metrics
Proposed shares to be sold
1,504 shares of common stock
Planned Rule 144 sale tied to stock option exercise dated August 28, 2026
Aggregate market value of proposed sale
$75,200.00
Value associated with 1,504 HNI CORP common shares listed in the Form 144
Sale on August 3, 2026
45,850 shares for $2,180,204.18
HNI CORP common shares sold by Jeffrey D. Lorenger during past three months
Sale on August 24, 2026
700 shares for $35,005.01
HNI CORP common shares sold by Jeffrey D. Lorenger during past three months
Sale on August 26, 2026
7,508 shares for $375,867.43
HNI CORP common shares sold by Jeffrey D. Lorenger during past three months
Sale on August 27, 2026
39,576 shares for $1,982,337.17
HNI CORP common shares sold by Jeffrey D. Lorenger during past three months
Key Terms
Rule 144, stock option exercise, attorney-in-fact
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 option exercise financial
"Common | 08/28/2026 | 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 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 about HNI (HNI)?
The filing discloses that HNI CORP is the issuer for a planned sale of its common stock by insider Jeffrey D. Lorenger under Rule 144, including a planned sale of 1,504 shares tied to a stock option exercise on August 28, 2026, and prior sales during the past three months.
Which broker is involved in the HNI (HNI) Form 144 sale?
The planned sale of 1,504 HNI CORP common shares is listed through Fidelity Brokerage Services LLC, with the securities identified as common stock traded on the NYSE.
What is the nature of the HNI (HNI) securities to be sold under this Form 144?
The securities are HNI CORP common stock arising from a stock option exercise. The Form 144 indicates a cash stock option exercise with a date of August 28, 2026, covering 1,504 shares to be sold under Rule 144.
AI-generated analysis. How Rhea-AI works. Not financial advice.