HNI executive granted 6,130 restricted shares
HNI CORP executive Jason Dean Hagedorn, President of Workplace Furnishings, reported an equity award of Common Stock.
Rhea-AI Filing Summary
HNI CORP executive Jason Dean Hagedorn, President of Workplace Furnishings, reported an equity award of Common Stock. He acquired 6,130 shares through a grant of restricted stock units at a price of $0.00 per share. These units convert into Common Stock in three equal annual installments starting on the first anniversary of the grant date, as long as he remains in service with the company on each vesting date.
After this award, Hagedorn directly holds 41,702.408 Common Shares and indirectly holds 1,286.777 Common Shares through a Profit-Sharing Retirement Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,130 | $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
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What insider transaction did HNI (HNI) report for Jason Dean Hagedorn?
How do the newly granted HNI (HNI) restricted stock units vest?
Was the HNI (HNI) insider award to Jason Dean Hagedorn an open-market purchase?
Under which plan were HNI (HNI) restricted stock units granted to Jason Dean Hagedorn?
AI-generated analysis. How Rhea-AI works. Not financial advice.