HNI Corp (HNI) COO reports RSU tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HNI Corp executive Kourtney L. Smith reported two tax-related share dispositions tied to restricted stock units. On February 14, 2026, 333 common shares were withheld by the company to cover taxes, and on February 15, 2026, a further 1,409 shares were withheld. Footnotes state these were tax withholdings upon vesting of restricted stock units and that no shares were sold in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SMITH KOURTNEY L
Role
COO, Kimball International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,409 | $50.03 | $70K |
| Tax Withholding | Common Stock | 333 | $50.03 | $17K |
Holdings After Transaction:
Common Stock — 35,856 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 318 shares that accrued on the reporting person's unvested restricted stock units.
FAQ
What insider transactions did HNI (HNI) report for Kourtney L. Smith?
HNI reported that executive Kourtney L. Smith had common shares withheld to cover taxes on vested restricted stock units. On February 14, 2026, 333 shares were withheld, and on February 15, 2026, 1,409 shares were withheld by the company.
What is the nature of the Form 4 transactions reported for HNI (HNI)?
The transactions are coded as “F,” indicating payment of tax liability by delivering securities. They represent tax-withholding dispositions of common stock related to restricted stock unit vesting, rather than discretionary purchases or sales by the executive in the open market.
What additional detail is provided about Kourtney L. Smith’s HNI (HNI) holdings?
The filing notes that the total shares reported as owned include 318 shares that accrued as dividends on unvested restricted stock units. This clarifies that part of the reported holdings arises from dividend accruals tied to equity awards rather than separate market transactions.