STOCK TITAN

HNI (HNI) director Larry Porcellato granted 4,786 shares under equity and deferred comp plans

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Porcellato Larry B reported acquisition or exercise transactions in this Form 4 filing.

HNI CORP director Larry B. Porcellato received a grant of 4,786 shares of Common Stock on May 19, 2026. The shares were awarded under HNI Corporation's 2017 Equity Plan for Non-Employee Directors and carry no purchase price, reflecting stock-based compensation rather than an open-market buy.

After this award, Porcellato directly holds a total of 46,418.5815 shares, which includes 767.0775 shares credited through reinvested dividends under the HNI Corporation Directors Deferred Compensation Plan.

Positive

  • None.

Negative

  • None.
Insider Porcellato Larry B
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,786 $0.00 --
Holdings After Transaction: Common Stock — 46,418.582 shares (Direct, null)
Footnotes (1)
  1. These shares were granted to the reporting person under HNI Corporation's 2017 Equity Plan for Non-Employee Directors. The total in column 5 includes reinvested dividends of 767.0775 shares acquired by the reporting person under the HNI Corporation Directors Deferred Compensation Plan.
Shares granted 4,786 shares Common Stock grant on May 19, 2026 under 2017 Equity Plan for Non-Employee Directors
Grant price $0.00 per share Equity compensation award, not an open-market purchase
Total shares after transaction 46,418.5815 shares Direct holdings following the grant
Reinvested dividend shares 767.0775 shares Acquired under HNI Corporation Directors Deferred Compensation Plan and included in total holdings
2017 Equity Plan for Non-Employee Directors financial
"These shares were granted to the reporting person under HNI Corporation's 2017 Equity Plan for Non-Employee Directors."
Directors Deferred Compensation Plan financial
"The total in column 5 includes reinvested dividends of 767.0775 shares acquired by the reporting person under the HNI Corporation Directors Deferred Compensation Plan."
A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Porcellato Larry B

(Last)(First)(Middle)
600 EAST SECOND STREET

(Street)
MUSCATINE IOWA 52761

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HNI CORP [ HNI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026A4,786(1)A$046,418.5815(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were granted to the reporting person under HNI Corporation's 2017 Equity Plan for Non-Employee Directors.
2. The total in column 5 includes reinvested dividends of 767.0775 shares acquired by the reporting person under the HNI Corporation Directors Deferred Compensation Plan.
Remarks:
/s/ Steven M. Bradford; by Power of Attorney05/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did HNI (HNI) director Larry B. Porcellato report in this Form 4?

Larry B. Porcellato reported receiving a grant of 4,786 shares of HNI Common Stock. The award was made under HNI Corporation's 2017 Equity Plan for Non-Employee Directors as stock-based compensation, not an open-market purchase, and increased his directly held share balance.

How many HNI shares did Larry B. Porcellato receive as a director award?

He received 4,786 shares of HNI Common Stock. These shares were granted with a price of $0.00 per share under HNI Corporation's 2017 Equity Plan for Non-Employee Directors, reflecting a compensation grant rather than a cash transaction on the open market.

What are Larry B. Porcellato’s total HNI holdings after this transaction?

After the grant, Porcellato directly holds 46,418.5815 HNI shares. This total includes 767.0775 shares attributed to reinvested dividends under the HNI Corporation Directors Deferred Compensation Plan, in addition to the newly granted 4,786 Common Stock shares.

Was cash paid for the HNI shares granted to director Larry B. Porcellato?

No cash was paid for these shares; the grant price is $0.00 per share. The 4,786 HNI Common Stock shares represent equity compensation awarded under the 2017 Equity Plan for Non-Employee Directors, rather than a purchase using personal funds.

Which HNI plans are referenced in Larry B. Porcellato’s Form 4 filing?

The filing references HNI Corporation's 2017 Equity Plan for Non-Employee Directors and the HNI Corporation Directors Deferred Compensation Plan. The first governs the 4,786-share grant, while the second accounts for 767.0775 shares from reinvested dividends included in his total holdings.