HNI (HNI) digital chief awarded 4,429 restricted stock units
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rao Radhakrishna S
Role
Chief Info and Digital Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,429 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,033.66 shares (Direct);
Common Stock — 2,539.431 shares (Indirect, Profit-Sharing Retirement Plan)
Footnotes (1)
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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 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 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.