HNI (HNI) CEO moves 217,054 shares into family trust
HNI Corp (HNI) reported an insider ownership change by its President & CEO, who is also a director.
Rhea-AI Filing Summary
HNI Corp (HNI) reported an insider ownership change by its President & CEO, who is also a director. On 11/24/2025 and 11/25/2025, the reporting person transferred blocks of common stock at a reported price of $0 per share under transaction code G. These movements shifted 22,854.462 shares on one day and 194,200 shares on the next between direct ownership and a revocable trust.
After the transactions, the insider held 127,139 HNI common shares directly, 217,054.462 shares indirectly through a trust described as benefiting the insider and family members, and 7,377.525 shares through a profit sharing retirement plan. The filing characterizes the transfers as contributions of shares to the revocable trust rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 194,200 | $0.00 | $0.00 |
| Gift | Common Stock | 194,200 | $0.00 | $0.00 |
| Gift | Common Stock | 22,854.462 | $0.00 | $0.00 |
| Gift | Common Stock | 22,854.462 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents the contribution of these shares to a revocable trust for the benefit of the reporting person, and the reporting person's spouse and children.
FAQ
What insider transaction did HNI (HNI) report on this Form 4?
The filing shows the President & CEO, who is also a director, moving HNI common stock between direct ownership and a revocable trust in non-cash transfers reported under transaction code G.
What does the explanation of responses say about the HNI trust transaction?
The explanation notes that the reported shares represent a contribution to a revocable trust for the benefit of the reporting person, the reporting person's spouse, and children.
What is the reporting person’s relationship to HNI (HNI)?
The reporting person is identified as both a Director and an Officer, serving as President & CEO of HNI Corp.
AI-generated analysis. How Rhea-AI works. Not financial advice.