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HNI Corp (HNI) executive has shares withheld to cover RSU tax

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

Rhea-AI Filing Summary

HNI Corp senior vice president and general counsel Steven M. Bradford reported two tax-related share dispositions tied to restricted stock unit vesting. On February 14, 2026, 597 shares of common stock at $50.03 per share were withheld by the company to cover taxes. On February 15, 2026, an additional 783 shares at $50.03 per share were similarly withheld. Footnotes clarify that no shares were sold; the issuer retained shares to satisfy tax obligations. After these transactions, Bradford directly owned 64,360.0792 common shares and indirectly held 2,829.3690 shares through a Profit-Sharing Retirement Plan.

Positive

  • None.

Negative

  • None.
Insider Bradford Steven M
Role Sr. VP, Gen. Counsel & Sec.
Type Security Shares Price Value
Tax Withholding Common Stock 783 $50.03 $39K
Tax Withholding Common Stock 597 $50.03 $30K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 64,360.079 shares (Direct); Common Stock — 2,829.369 shares (Indirect, Profit-Sharing Retirement Plan)
Footnotes (1)
  1. These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 14, 2026. No shares were sold. These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 15, 2026. No shares were sold.
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
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*
Bradford Steven M

(Last) (First) (Middle)
600 EAST SECOND 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)
Sr. VP, Gen. Counsel & Sec.
3. Date of Earliest Transaction (Month/Day/Year)
02/14/2026
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 02/14/2026 F 597(1) D $50.03 65,143.0792 D
Common Stock 02/15/2026 F 783(2) D $50.03 64,360.0792 D
Common Stock 2,829.369 I Profit-Sharing Retirement Plan
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. These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 14, 2026. No shares were sold.
2. These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 15, 2026. No shares were sold.
Remarks:
/s/ Steven M. Bradford 02/18/2026
** Signature of Reporting Person Date
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.

FAQ

What did HNI (HNI) executive Steven M. Bradford report in this Form 4?

Steven M. Bradford reported two tax-withholding dispositions of HNI common stock related to restricted stock unit vesting. The company withheld shares to cover taxes, and no shares were sold into the market according to the filing footnotes.

How many HNI shares were withheld for taxes in Bradford’s Form 4?

A total of 1,380 HNI shares were withheld for taxes: 597 shares on February 14, 2026 and 783 shares on February 15, 2026. Both were valued at $50.03 per share in the reported tax-withholding transactions.

Were any HNI (HNI) shares actually sold in Bradford’s reported transactions?

No. The footnotes state that no shares were sold. Instead, HNI Corp withheld shares that would otherwise have been delivered, using them to cover Bradford’s tax liabilities arising from vested restricted stock units.

What type of transactions are shown in Bradford’s HNI Form 4 filing?

The Form 4 shows tax-withholding dispositions coded as “F,” meaning shares were surrendered to HNI Corp to pay taxes on vested restricted stock units. These are administrative transactions, not open-market purchases or sales of HNI stock.

How many HNI shares does Bradford own after these Form 4 transactions?

After the tax-withholding transactions, Bradford directly owns 64,360.0792 HNI common shares. He also indirectly holds 2,829.3690 shares through a Profit-Sharing Retirement Plan, reflecting both direct and indirect economic interests in the company.

What role do restricted stock units play in Bradford’s HNI Form 4?

The dispositions stem from restricted stock units that vested on February 14 and 15, 2026. When these RSUs vested, HNI Corp withheld a portion of the resulting shares at $50.03 per share to satisfy Bradford’s tax obligations instead of delivering all shares.