Tax withholdings reduce HNI (NYSE: HNI) executive Gregory Meunier’s shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HNI CORP executive Gregory A. Meunier reported two tax-related share withholdings, not open-market sales. On February 14, 2026, the issuer withheld 273 shares of common stock, and on February 15, 2026, it withheld an additional 954 shares, in each case to cover taxes due upon vesting of restricted stock units. The footnotes state that no shares were sold and that his reported holdings also reflect 201 dividend shares that accrued on unvested restricted stock units, bringing his direct ownership to 19,000 shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MEUNIER GREGORY A
Role
Ex VP GL Ops, Kimball Intl
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 954 | $50.03 | $48K |
| Tax Withholding | Common Stock | 273 | $50.03 | $14K |
Holdings After Transaction:
Common Stock — 19,000 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 201 shares that accrued on the reporting person's unvested restricted stock units.
FAQ
What did HNI (HNI) executive Gregory Meunier report in this Form 4?
Gregory Meunier reported issuer share withholdings to satisfy tax obligations on vesting restricted stock units. Two transactions reduced his position slightly, while no open-market sales occurred, and his direct holdings remained substantial after these tax-related dispositions.
Why does the Form 4 mention dividends on unvested restricted stock units for HNI (HNI)?
The Form 4 notes that 201 dividend shares accrued on Meunier’s unvested restricted stock units. Those dividend-derived shares are included in his total direct ownership figure, clarifying how his reported 19,000-share balance was calculated after the tax withholdings.
What transaction code is used in Gregory Meunier’s HNI Form 4 and what does it mean?
The transactions use code “F,” which indicates payment of an exercise price or tax liability by delivering securities. Here it denotes shares withheld by the issuer for taxes when Meunier’s restricted stock units vested on February 14 and 15, 2026.