HNI (NYSE: HNI) COO receives 3,482 restricted stock units award

Rhea-AI Filing Summary

HNI CORP reported that officer Kourtney L. Smith, COO of Kimball International, acquired 3,482 shares of Common Stock through a grant classified as a grant/award acquisition. These shares represent Common Stock underlying Restricted Stock Units granted at a price of $0.00 per share.

The Restricted Stock Units were granted under HNI's 2017 Stock-Based Compensation Plan and are scheduled to vest in three equal annual installments, beginning on the first anniversary of the grant date, contingent on Smith’s continued service on each vesting date. Following this award, Smith directly owns 39,338 shares of HNI Common Stock.

SEC Form 4

FORM 4

UNITED 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

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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^*

SMITH KOURTNEY L

(Last) (First) (Middle)

600 E. 2ND STREET

(Street)

MUSCATINE IA 52761

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HNI CORP [ HNI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO, Kimball International

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/18/2026		A		3,482(1)	A	$0	39,338	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Steven M. Bradford; by Power of Attorney	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did HNI (HNI) COO Kourtney L. Smith report in this Form 4 filing?

Kourtney L. Smith reported acquiring 3,482 shares of HNI Common Stock through a grant of Restricted Stock Units at $0.00 per share. The award was made under HNI’s 2017 Stock-Based Compensation Plan and reflects equity-based executive compensation rather than an open-market share purchase.

How many HNI (HNI) shares does Kourtney L. Smith hold after this grant?

After the grant, Kourtney L. Smith holds 39,338 shares of HNI Common Stock directly. This total includes the 3,482 shares underlying the newly granted Restricted Stock Units, which will convert into Common Stock as they vest over the scheduled three-year vesting period.

How do the granted Restricted Stock Units for HNI (HNI) COO vest over time?

The Restricted Stock Units granted to HNI COO Kourtney L. Smith vest in three equal annual installments. Vesting begins on the first anniversary of the grant date and continues annually, provided she remains in service with the company on each applicable vesting date.

Was cash paid for the 3,482 HNI (HNI) shares reported in the Form 4?

No cash was paid for these 3,482 shares; the transaction price per share is reported as $0.00. The shares represent equity compensation in the form of Restricted Stock Units granted under HNI’s 2017 Stock-Based Compensation Plan, subject to the specified vesting schedule.

What type of transaction is reported for HNI (HNI) in this Form 4?

The Form 4 reports a non-derivative equity transaction coded “A,” described as a grant, award, or other acquisition. It reflects the awarding of Restricted Stock Units to COO Kourtney L. Smith, rather than a traditional market purchase or sale of HNI Common Stock.

Is Kourtney L. Smith’s ownership in HNI (HNI) direct or indirect after this award?

Kourtney L. Smith’s ownership is reported as direct following this award. The filing classifies her ownership type and code as direct, meaning the 39,338 shares of HNI Common Stock, including those underlying the new Restricted Stock Units, are held in her own name.