HNI (HNI) COO has 1,904 shares withheld to cover RSU tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HNI Corporation COO Bishop Brandon Bullock III reported share dispositions related to tax withholding, not open‑market sales. On February 14, 2026, 872 shares of common stock at $50.03 per share were withheld by the company to cover taxes upon vesting of restricted stock units, with 30,272 shares owned directly afterward.
On February 15, 2026, a further 1,032 shares at $50.03 per share were similarly withheld for taxes, leaving 29,240 shares owned directly. Bullock also reports 598.598 shares held indirectly through a Profit‑Sharing Retirement Plan. The footnotes state explicitly that no shares were sold in these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bullock Bishop Brandon III
Role
COO, HNI Corporation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,032 | $50.03 | $52K |
| Tax Withholding | Common Stock | 872 | $50.03 | $44K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,240 shares (Direct);
Common Stock — 598.598 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 did HNI (HNI) COO Bishop Brandon Bullock report in this Form 4?
The COO reported share dispositions caused by tax withholding on vesting restricted stock units. Shares were withheld by HNI Corporation to cover tax obligations, and the filing explicitly notes that no shares were sold in the open market.
Does the HNI (HNI) Form 4 indicate any indirect ownership by the COO?
Yes. The filing shows indirect ownership of 598.598 HNI common shares through a Profit-Sharing Retirement Plan. This is in addition to the COO’s directly held shares reported after the tax-withholding transactions.