HNI executive receives 5,563-share stock unit grant
Smith Brian Scott reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Smith Brian Scott reported acquisition or exercise transactions in this Form 4 filing.
HNI CORP President, Hearth & Home Tech, Brian Scott Smith received an equity grant of 5,563 restricted stock units tied to HNI common stock. The units were granted at no cash cost and will vest in three equal annual installments starting one year after the grant date, contingent on his continued service. Following this award, his directly held common stock totaled 17,173.7563 shares, with an additional 1,617.5730 shares held indirectly through a Profit-Sharing Retirement Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,563 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HNI (HNI) report for Brian Scott Smith?
How do Brian Scott Smith’s new HNI restricted stock units vest?
Was the HNI equity grant to Brian Scott Smith an open-market purchase?
Under which plan were Brian Scott Smith’s HNI restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.