HNI (HNI) CEO Lorenger has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
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 Trade Summary
4 transactions reported
Mixed
4 txns
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)
- 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.
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.
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.