HNI (HNI) senior executive awarded 5,365 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bradford Steven M reported acquisition or exercise transactions in this Form 4 filing.
HNI CORP senior executive Steven M. Bradford received an equity award of 5,365 shares of Common Stock on February 18, 2026. The award represents Restricted Stock Units under HNI’s 2017 Stock-Based Compensation Plan, which vest in three equal annual installments starting on the first anniversary of the grant, subject to his continued service. Following the grant, he directly holds 69,725.0792 shares and indirectly holds 2,829.369 shares through a Profit-Sharing Retirement Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bradford Steven M
Role
Sr. VP, Gen. Counsel & Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,365 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,725.079 shares (Direct);
Common Stock — 2,829.369 shares (Indirect, Profit-Sharing Retirement Plan)
Footnotes (1)
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FAQ
What insider transaction did HNI (HNI) report for Steven M. Bradford?
HNI reported that senior executive Steven M. Bradford received an equity award of 5,365 shares of Common Stock. The award was made as Restricted Stock Units under the company’s 2017 Stock-Based Compensation Plan on February 18, 2026.
Was the HNI (HNI) insider award to Steven M. Bradford a stock purchase or a grant?
The transaction was a grant, not a purchase. Steven M. Bradford acquired 5,365 shares through a stock-based award classified as a grant or other acquisition, with a reported price per share of $0.0000 under HNI’s 2017 Stock-Based Compensation Plan.
How do the HNI (HNI) Restricted Stock Units granted to Steven M. Bradford vest?
The 5,365 Restricted Stock Units vest in three equal annual installments. Vesting begins on the first anniversary of the February 18, 2026 grant date and is conditioned on Bradford’s continued service with HNI on each applicable vesting date.
What plan was used for Steven M. Bradford’s HNI (HNI) stock award?
The award was granted under HNI’s 2017 Stock-Based Compensation Plan. It consists of Restricted Stock Units that are convertible into HNI Common Stock upon vesting, with vesting spread over three years and subject to his continued service at each vesting date.