STOCK TITAN

HNI (HNI) CEO Lorenger has shares withheld to cover RSU taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HNI CORP President & CEO Jeffrey D. Lorenger reported tax-related share dispositions tied to restricted stock unit vesting. On February 14 and 15, 2026, a total of 14,736 shares of common stock were withheld by the company at $50.03 per share to cover tax obligations upon RSU vesting, and the footnotes state that no shares were sold in the market. After these tax-withholding dispositions, Lorenger directly owned 105,223 common shares, with additional indirect holdings of 217,054.462 shares held by a trust and 7,674.193 shares held through a profit sharing retirement plan.

Positive

  • None.

Negative

  • None.
Insider Lorenger Jeffrey D
Role President & CEO
Type Security Shares Price Value
Tax Withholding Common Stock 7,682 $50.03 $384K
Tax Withholding Common Stock 7,054 $50.03 $353K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 105,223 shares (Direct); Common Stock — 217,054.462 shares (Indirect, By Trust)
Footnotes (1)
  1. These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 14, 2026. No shares were sold. These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 15, 2026. No shares were sold.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lorenger Jeffrey D

(Last) (First) (Middle)
600 EAST SECOND STREET

(Street)
MUSCATINE IA 52761

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HNI CORP [ HNI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/14/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/14/2026 F 7,054(1) D $50.03 112,905 D
Common Stock 02/15/2026 F 7,682(2) D $50.03 105,223 D
Common Stock 217,054.462 I By Trust
Common Stock 7,674.193 I Profit Sharing Retirement Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 14, 2026. No shares were sold.
2. These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 15, 2026. No shares were sold.
Remarks:
/s/ Steven M. Bradford; by Power of Attorney 02/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did HNI (HNI) CEO Jeffrey Lorenger report?

Jeffrey D. Lorenger reported two tax-withholding dispositions of HNI common stock linked to restricted stock unit vesting. On February 14 and 15, 2026, shares were withheld by the company to cover tax obligations, with footnotes clarifying that no shares were sold in the open market.

How many HNI (HNI) shares were withheld for Jeffrey Lorenger’s taxes?

A total of 14,736 HNI common shares were withheld to cover Jeffrey Lorenger’s tax obligations on vested restricted stock units. The Form 4 shows 7,054 shares withheld on February 14, 2026, and 7,682 shares withheld on February 15, 2026, both at a price of $50.03 per share.

Did the HNI (HNI) CEO sell any shares in this Form 4 filing?

No, the Form 4 footnotes state that no shares were sold. The reported transactions are tax-withholding dispositions, where HNI CORP withheld shares upon restricted stock unit vesting to satisfy tax liabilities, rather than open-market sales by Jeffrey D. Lorenger.

What is Jeffrey Lorenger’s HNI (HNI) share ownership after these transactions?

After the reported tax-withholding transactions, Jeffrey Lorenger directly owned 105,223 HNI common shares. He also had indirect ownership of 217,054.462 shares held by a trust and 7,674.193 shares held through a profit sharing retirement plan, as disclosed in the Form 4.

What transaction code is used in HNI (HNI) CEO Jeffrey Lorenger’s Form 4?

The Form 4 uses transaction code F for Jeffrey Lorenger’s entries, indicating payment of tax liability by delivering securities. These transactions represent shares withheld by HNI CORP to cover taxes on restricted stock units that vested on February 14 and 15, 2026.