HNI (HNI) director Dhanusha Sivajee awarded 4,786 shares of common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sivajee Dhanusha reported acquisition or exercise transactions in this Form 4 filing.
HNI Corporation director Dhanusha Sivajee received a stock grant of 4,786 shares of Common Stock as compensation. The award was granted at no cash cost to the director under HNI Corporation's 2017 Equity Plan for Non-Employee Directors. Following this grant, Sivajee directly holds 28,620 shares of HNI common stock, reflecting increased equity-based alignment with shareholders through the company’s director equity program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sivajee Dhanusha
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,786 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,620 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 4,786 shares
Grant price per share: $0.0000 per share
Shares owned after grant: 28,620 shares
3 metrics
Shares granted
4,786 shares
Equity award of Common Stock to director
Grant price per share
$0.0000 per share
Compensation grant, no cash paid by director
Shares owned after grant
28,620 shares
Total direct holdings following the transaction
Key Terms
Common Stock, 2017 Equity Plan for Non-Employee Directors, Form 4
3 terms
Common Stock financial
"HNI Corporation director Dhanusha Sivajee received a stock grant of 4,786 shares of Common Stock as compensation."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
2017 Equity Plan for Non-Employee Directors financial
"These shares were granted to the reporting person under HNI Corporation's 2017 Equity Plan for Non-Employee Directors."
Form 4 regulatory
"After receiving the 4,786-share award, Dhanusha Sivajee holds 28,620 HNI Common Stock shares directly, as reported in the Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did HNI (HNI) director Dhanusha Sivajee report?
HNI director Dhanusha Sivajee reported receiving a grant of 4,786 shares of Common Stock. The shares were issued as an equity award, not a market purchase, and increase Sivajee’s direct ownership position in the company.