HNI (HNI) COO logs stock grant and tax withholding, no share sales
Filing Impact
Filing Sentiment
Form Type
4
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
3 transactions reported
Mixed
3 txns
Insider
Bullock Bishop Brandon III
Role
COO, HNI Corporation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,078 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,075 | $50.14 | $305K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,174 shares (Direct);
Common Stock — 598.598 shares (Indirect, Profit-Sharing Retirement Plan)
Footnotes (1)
- 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. 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
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.