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HNI (HNI) legal chief gets 11,514-share award, 5,054 shares withheld for taxes

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

Rhea-AI Filing Summary

HNI CORP senior vice president and general counsel Steven M. Bradford reported equity compensation activity in company common stock. He acquired 11,514 shares at no cost in a grant/award transaction, increasing his directly held stake. On the same date, 5,054 shares were disposed of to cover taxes upon vesting of previously granted performance stock units, with no shares sold into the market. After these transactions, he directly owned 76,185.0792 common shares, and indirectly held 2,829.3690 shares through a profit-sharing retirement plan.

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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)
02/25/2026
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 02/25/2026 A 11,514(1) A $0 81,239.0792 D
Common Stock 02/25/2026 F 5,054(2) D $50.14 76,185.0792 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. Reflects shares of Common Stock of Issuer with respect to Performance Stock Units granted under Issuer's 2017 Stock-Based Compensation Plan on February 15, 2023.
2. These shares were withheld by Issuer to cover taxes upon vesting of Performance Stock Units that vested on February 25, 2026. No shares were sold.
Remarks:
/s/ Steven M. Bradford 02/27/2026
** 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 insider transactions did HNI (HNI) report for Steven M. Bradford?

HNI reported that Steven M. Bradford received a grant of 11,514 common shares at no cost and had 5,054 shares withheld to cover taxes on vested performance stock units. These movements reflect compensation and tax withholding, not open-market buying or selling.

How many HNI (HNI) shares did Steven M. Bradford acquire in this Form 4 filing?

Steven M. Bradford acquired 11,514 HNI common shares through a grant or award transaction. The award relates to performance stock units granted under HNI’s 2017 Stock-Based Compensation Plan on February 15, 2023, which converted into common stock upon vesting.

Why were 5,054 HNI (HNI) shares disposed of in Bradford’s Form 4?

The 5,054 HNI shares were withheld by the company to cover taxes when performance stock units vested on February 25, 2026. According to the filing, these shares were not sold in the market but used solely to satisfy tax obligations.

What is Steven M. Bradford’s HNI (HNI) share ownership after the reported transactions?

After the reported grant and tax-withholding disposition, Steven M. Bradford directly owned 76,185.0792 HNI common shares. He also indirectly held an additional 2,829.3690 shares through a profit-sharing retirement plan, reflecting both direct and retirement-plan interests.

What role does Steven M. Bradford hold at HNI (HNI) in this Form 4?

In this Form 4, Steven M. Bradford is identified as senior vice president, general counsel and secretary of HNI. His transactions involve company common stock received as equity compensation and shares withheld to satisfy associated tax liabilities upon vesting.

How are the retirement-plan shares reported for HNI (HNI) in this filing?

The filing shows 2,829.3690 HNI common shares held indirectly for Steven M. Bradford through a profit-sharing retirement plan. These shares are reported as indirect ownership, separate from his directly held 76,185.0792 shares after the compensation and tax-withholding transactions.
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3.10B
44.86M
Furnishings, Fixtures & Appliances
Office Furniture (no Wood)
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United States
MUSCATINE