HNI (HNI) legal chief gets 11,514-share award, 5,054 shares withheld for taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bradford Steven M
Role
Sr. VP, Gen. Counsel & Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,514 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,054 | $50.14 | $253K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 81,239.079 shares (Direct);
Common Stock — 2,829.369 shares (Indirect, Profit-Sharing Retirement Plan)
Footnotes (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. 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.
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.
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.