Form 4: Lorenger Jeffrey D reports disposition transactions in HNI
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lorenger Jeffrey D reported disposition transactions in a Form 4 filing for HNI. The filing lists transactions totaling 7,180 shares at a weighted average price of $51.72 per share. Following the reported transactions, holdings were 119,959 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lorenger Jeffrey D
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,180 | $51.72 | $371K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 119,959 shares (Direct);
Common Stock — 217,054.462 shares (Indirect, By Trust)
Footnotes (1)
- These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 12, 2026. No shares were sold. The total in column 5 includes 296.668 shares acquired under the HNI Corporation Profit-Sharing Retirement Plan.
FAQ
What insider transaction did HNI (HNI) CEO Jeffrey D. Lorenger report?
Jeffrey D. Lorenger reported 7,180 HNI common shares withheld to cover taxes on vested restricted stock units. The shares were withheld by the company, and the filing states no shares were sold in the open market as part of this transaction.
Was the HNI (HNI) CEO’s February 12, 2026 Form 4 a stock sale?
No, the Form 4 describes tax withholding, not an open-market sale. HNI withheld 7,180 shares to satisfy tax obligations on vested restricted stock units, and the disclosure specifically notes that no shares were sold into the market.
What does transaction code "F" mean in the HNI (HNI) CEO’s Form 4?
Transaction code “F” indicates shares were used to pay an exercise price or tax liability. In this case, 7,180 HNI shares were withheld by the issuer to cover taxes on restricted stock units that vested on February 12, 2026, with no market sale involved.
How is the HNI (HNI) Profit-Sharing Retirement Plan reflected in the CEO’s holdings?
The CEO’s Form 4 shows 7,674.193 HNI shares held indirectly through the Profit-Sharing Retirement Plan. A footnote explains that this total includes 296.668 shares acquired under the plan, clarifying the composition of his retirement-related ownership stake.