HNI CCO Granted 2,263 Restricted Stock Units
Roch Michael J. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Roch Michael J. reported acquisition or exercise transactions in this Form 4 filing.
HNI Corporation reported that executive Michael J. Roch received an equity grant valued in shares rather than cash. He was awarded 2,263 shares of common stock underlying Restricted Stock Units at a price of $0.00 per share, increasing his direct holdings to 20,037 shares. These RSUs vest in three equal annual installments starting on the first anniversary of the grant date, conditioned on his continued service with the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,263 | $0.00 | $0.00 |
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 Michael J. Roch?
Is the HNI (HNI) Form 4 transaction a stock purchase or an equity award?
How do the granted Restricted Stock Units at HNI (HNI) vest?
Under which plan were the HNI (HNI) Restricted Stock Units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.