HNI CORP (NYSE: HNI) CFO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HNI CORP executive Vincent P. Berger reported tax-related share withholdings rather than open-market sales. On February 14 and 15, 2026, a total of 1,391 and 1,672 shares of common stock, respectively, were withheld by the company at $50.03 per share to cover taxes due on vesting restricted stock units. Footnotes clarify that no shares were sold in the market. After these non-market dispositions, Berger directly holds 84,000.492 common shares, in addition to 2,188.771 shares held indirectly through a Profit-Sharing Retirement Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Berger Vincent P
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,672 | $50.03 | $84K |
| Tax Withholding | Common Stock | 1,391 | $50.03 | $70K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 84,000.492 shares (Direct);
Common Stock — 2,188.771 shares (Indirect, Profit-Sharing Retirement Plan)
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 transaction did HNI (HNI) CFO Vincent P. Berger report?
Vincent P. Berger reported share withholdings to cover tax obligations on vested restricted stock units. The company withheld 1,391 and 1,672 HNI common shares on consecutive days, using them to satisfy tax liabilities instead of selling shares in the open market.
What does transaction code F mean in this HNI Form 4 filing?
Transaction code F indicates shares used to pay an exercise price or tax liability. Here, it shows HNI withheld common shares at $50.03 per share to cover taxes on vested restricted stock units, with footnotes confirming these were not regular market sales.