HNI CFO gets stock award, withholds shares for tax
HNI Corporation’s Executive Vice President and Chief Financial Officer, Vincent P. Berger, reported equity compensation activity in the company’s common stock.
Rhea-AI Filing Summary
HNI Corporation’s Executive Vice President and Chief Financial Officer, Vincent P. Berger, reported equity compensation activity in the company’s common stock. He acquired 23,240 shares at a price of $0.00 per share through a grant or award tied to previously granted performance stock units.
On the same date, 10,029 shares of common stock were disposed of at $50.14 per share to cover tax obligations upon vesting, and the footnotes clarify that no shares were sold on the open market. After these transactions, Berger directly owned 107,510.492 shares of common stock and indirectly held 2,188.771 shares through a profit-sharing retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,240 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,029 | $50.14 | $503K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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
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What insider stock transactions did HNI (HNI) CFO Vincent Berger report?
What was the size and nature of the HNI (HNI) stock award to the CFO?
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