HNI (HNI) COO logs stock grant and tax withholding, no share sales
Rhea-AI Filing Summary
HNI Corporation Chief Operating Officer Bishop Brandon Bullock III reported equity compensation activity involving company common stock. He received a grant or award of 14,078 shares at no cost, linked to previously granted performance stock units under HNI’s 2017 Stock-Based Compensation Plan.
On the same date, 6,075 shares were withheld by the company at $50.14 per share to cover taxes due upon vesting of those performance stock units; the footnotes state no shares were sold. After these transactions, he directly owned 44,099 shares and indirectly held 598.598 shares through a profit-sharing retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,003 shares
Net Buy
3 txns
Insider
Bullock Bishop Brandon III
Role
COO, HNI Corporation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,078 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,075 | $50.14 | $305K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,099 shares (Direct);
Common Stock — 598.598 shares (Indirect, Profit-Sharing Retirement Plan)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did HNI (HNI) report for Bishop Brandon Bullock III?
HNI’s COO Bishop Brandon Bullock III reported a grant of 14,078 common shares and a tax-related share withholding of 6,075 shares tied to vested performance stock units, with no open-market share sales disclosed in this Form 4 filing.