STOCK TITAN

HNI officer plans $1.98M Rule 144 stock sale

HNI CORP (HNI) received a notice that company officer/director Jeffrey D. Lorenger intends to sell common stock under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

HNI CORP (HNI) received a notice that company officer/director Jeffrey D. Lorenger intends to sell common stock under Rule 144. The notice covers up to 39,576 shares of HNI common stock, with an aggregate market value of $1,982,336.81, based on NYSE trading as of 08/27/2026. These shares were acquired from the issuer via stock option exercise for cash on the same date.

In addition, Lorenger reports prior sales of HNI common stock during the past three months: 45,850 shares for $2,180,204.18 on 08/03/2026, 700 shares for $35,005.01 on 08/24/2026, and 7,508 shares for $375,867.43 on 08/26/2026. Shares of HNI common stock outstanding were reported as 72,181,800.

Positive

  • None.

Negative

  • None.
Shares to be sold under Rule 144 39,576 shares of common stock Planned sale by Jeffrey D. Lorenger based on notice dated 08/27/2026
Aggregate market value of shares to be sold $1,982,336.81 Value of 39,576 shares based on NYSE market price as of 08/27/2026
HNI common shares outstanding 72,181,800 shares Shares of HNI common stock reported as outstanding
Shares sold on 08/03/2026 45,850 shares Sale of HNI common stock by Jeffrey D. Lorenger
Proceeds from 08/03/2026 sale $2,180,204.18 Amount received for 45,850 HNI shares sold
Shares sold on 08/24/2026 700 shares Sale of HNI common stock by Jeffrey D. Lorenger
Proceeds from 08/24/2026 sale $35,005.01 Amount received for 700 HNI shares sold
Shares sold on 08/26/2026 7,508 shares Sale of HNI common stock by Jeffrey D. Lorenger
Proceeds from 08/26/2026 sale $375,867.43 Amount received for 7,508 HNI shares sold
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.
Form 144 regulatory
"144: Filer Information ... 144: Issuer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Common | 08/27/2026 | 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 D. 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.
aggregate market value financial
"39576 | 1982336.81 | 72181800 | 08/27/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does the Form 144 filing disclose about planned stock sales for HNI (HNI)?

The Form 144 notice states that Jeffrey D. Lorenger plans to sell up to 39,576 shares of HNI common stock, with an aggregate market value of $1,982,336.81, based on NYSE prices as of 08/27/2026.

How were the HNI (HNI) shares to be sold by Jeffrey D. Lorenger acquired?

The shares covered by the notice were acquired from HNI through a stock option exercise on 08/27/2026, with the exercise price paid in cash.

What HNI (HNI) stock sales has Jeffrey D. Lorenger reported in the past three months?

Reported sales include 45,850 shares for $2,180,204.18 on 08/03/2026, 700 shares for $35,005.01 on 08/24/2026, and 7,508 shares for $375,867.43 on 08/26/2026.

How many HNI (HNI) shares are outstanding according to the Form 144 notice?

The notice reports that there are 72,181,800 shares of HNI common stock outstanding, providing context for the size of the potential sale under Rule 144.

Who is filing the Form 144 in connection with HNI (HNI) shares?

The Form 144 relates to sales for the account of Jeffrey D. Lorenger, identified as an officer and director of HNI CORP. The form is signed by Jennifer Ruchti, as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact.

Through which broker are the HNI (HNI) shares to be sold under Form 144?

The notice lists Fidelity Brokerage Services LLC as the broker for the proposed sale of up to 39,576 HNI common shares on the NYSE.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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