Executive at HNI (NYSE: HNI) awarded 4,637 restricted stock units
Rhea-AI Filing Summary
HNI Corporation reported that executive Jennifer Sue Petersen, Vice President of Member Relations, received an award of 4,637 shares of Common Stock on February 18, 2026. These shares are represented by Restricted Stock Units granted under HNI’s 2017 Stock-Based Compensation Plan and will convert into Common Stock in three equal annual installments starting on the first anniversary of the grant date, contingent on her continued service. After this grant, she holds 10,488 shares directly and 1,683.207 shares indirectly through a Profit-Sharing Retirement Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,637 shares
Net Buy
2 txns
Insider
Petersen Jennifer Sue
Role
VP, Member Relations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,637 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,488 shares (Direct);
Common Stock — 1,683.207 shares (Indirect, Profit-Sharing Retirement Plan)
Footnotes (1)
- F1. Reflects shares of Common Stock of Issuer underlying Restricted Stock Units granted under the Issuer's 2017 Stock-Based Compensation Plan convertible to such Common Stock subject to vesting in three equal annual installments commencing on the first anniversary of the grant date, subject to the reporting person's continued service on each applicable vesting date.
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FAQ
What insider transaction did HNI (HNI) report for Jennifer Sue Petersen?
HNI reported that executive Jennifer Sue Petersen received an award of 4,637 shares of Common Stock via Restricted Stock Units. The grant was made under HNI’s 2017 Stock-Based Compensation Plan and reflects equity-based compensation rather than an open-market stock purchase.
What are the vesting terms of Jennifer Sue Petersen’s new HNI Restricted Stock Units?
The 4,637 Restricted Stock Units vest in three equal annual installments beginning on the first anniversary of the February 18, 2026 grant date. Each installment is subject to her continued service with HNI on the applicable vesting date, as described in the footnote.
Under which plan were Jennifer Sue Petersen’s HNI Restricted Stock Units granted?
The Restricted Stock Units underlying the 4,637 HNI Common Stock shares were granted under the company’s 2017 Stock-Based Compensation Plan. This plan provides for equity-based awards to eligible participants as part of HNI’s broader compensation and retention framework.