STOCK TITAN

HNI (HNI) digital chief awarded 4,429 restricted stock units

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

Rhea-AI Filing Summary

HNI CORP reported that Chief Info and Digital Officer Radhakrishna S. Rao acquired 4,429 shares of Common Stock on February 18, 2026 through a grant/award at a price of $0.00 per share. These shares are underlying Restricted Stock Units granted under HNI's 2017 Stock-Based Compensation Plan and will convert into common stock in three equal annual installments starting on the first anniversary of the grant date, contingent on his continued service at each vesting date. Following this grant, he directly owns 22,033.6602 shares, and indirectly holds 2,539.4310 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*
Rao Radhakrishna S

(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)
Chief Info and Digital Officer
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 4,429(1) A $0 22,033.6602 D
Common Stock 2,539.431 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 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.
* 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 transaction did HNI (HNI) report for Radhakrishna S. Rao?

HNI reported that Chief Info and Digital Officer Radhakrishna S. Rao received a grant of 4,429 shares of Common Stock on February 18, 2026. The award was made at a price of $0.00 per share as part of equity compensation.

How many HNI (HNI) shares did the executive acquire in this Form 4 filing?

The executive acquired 4,429 shares of HNI Common Stock through a grant of Restricted Stock Units. These units convert into shares over time, effectively increasing his equity stake as they vest in scheduled installments.

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

The Restricted Stock Units vest in three equal annual installments beginning on the first anniversary of the grant date. Each vesting installment is conditioned on Radhakrishna S. Rao’s continued service on the applicable vesting date.

What is the total direct share ownership of the HNI (HNI) executive after this grant?

After the grant, Radhakrishna S. Rao directly owns 22,033.6602 shares of HNI Common Stock. This total reflects his holdings immediately following the reported acquisition transaction on February 18, 2026.

Does the HNI (HNI) executive hold any shares indirectly through a plan?

Yes. The Form 4 shows an indirect holding of 2,539.4310 HNI Common Stock shares through a Profit-Sharing Retirement Plan. This position is reported separately from his directly owned shares in the filing.

What does transaction code A mean in the HNI (HNI) Form 4?

Transaction code A on the HNI Form 4 indicates a grant, award, or other acquisition of securities. In this case, it represents the award of Restricted Stock Units that can convert into HNI Common Stock upon vesting.
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3.56B
44.95M
Furnishings, Fixtures & Appliances
Office Furniture (no Wood)
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United States
MUSCATINE