Tax withholding trims HNI (NYSE: HNI) CCO Michael Roch’s RSU shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HNI CORP executive Michael J. Roch, Chief Commercial Officer for Workplace & Health at Kimball International, reported two tax-withholding dispositions of common stock related to restricted stock units. On February 14, 2026, the issuer withheld 279 shares to cover taxes. On February 15, 2026, the issuer withheld another 978 shares for the same purpose. Footnotes state that no shares were sold; the shares were retained by the company to satisfy tax liabilities upon RSU vesting. After these transactions, Roch directly owned 17,774 shares of HNI common stock, including 206 dividend shares that had accrued on his unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Roch Michael J.
Role
CCO, WP & Health, Kimball Intl
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 978 | $50.03 | $49K |
| Tax Withholding | Common Stock | 279 | $50.03 | $14K |
Holdings After Transaction:
Common Stock — 17,774 shares (Direct)
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. The total in column 5 includes dividends of 206 shares that accrued on the reporting person's unvested restricted stock units.
FAQ
What insider activity did HNI (HNI) report for Michael J. Roch?
HNI reported that executive Michael J. Roch had common shares withheld by the company to cover taxes on vesting restricted stock units. These were tax-withholding dispositions, and footnotes clarify that no shares were actually sold into the market.
What do the Form 4 tax-withholding dispositions mean for HNI (HNI) investors?
The dispositions reflect routine tax withholding when restricted stock units vest, rather than discretionary buying or selling by the executive. Such events are common in equity compensation plans and do not represent open-market trades in HNI shares by Michael J. Roch.