[Form 4] HNI Corporation Insider Trading Activity
Rhea-AI Filing Summary
HNI Corporation director John R. Hartnett acquired 291 shares of HNI common stock on 08/12/2025 under the company’s 2017 Plan for Non-Employee Directors. The shares were issued in lieu of a quarterly board retainer fee of $12,981.51 at an effective purchase price of $44.61 per share. Following the transaction, the filing reports Mr. Hartnett’s beneficial ownership as 40,957.944 shares. The Form 4 was signed on behalf of the reporting person by a power of attorney on 08/14/2025. The disclosure is a routine insider reporting of compensation-paid-in-stock rather than an open-market purchase or sale.
Positive
- Director compensation disclosed transparently: 291 shares issued under the 2017 Plan for Non-Employee Directors in lieu of $12,981.51 in fees.
- Clear transaction detail: Transaction date (08/12/2025), price ($44.61), and resulting beneficial ownership (40,957.944 shares) are reported.
Negative
- None.
Insights
TL;DR: Routine director compensation issued as stock; immaterial to company valuation.
The Form 4 documents a director receipt of 291 shares under the 2017 non-employee director plan in lieu of cash retainer of $12,981.51, recorded at $44.61 per share. This is a non-market issuance reflecting compensation practices rather than trading activity. The post-transaction beneficial ownership of 40,957.944 shares is disclosed, but the filing contains no information on share dilution, total outstanding shares, or other transactions that would materially move investor valuations.
TL;DR: Standard governance disclosure showing director compensation settled in equity via the company plan.
The filing explicitly states the shares were issued under the 2017 Plan for Non-Employee Directors in lieu of quarterly fees, which is a common governance mechanism to align directors with shareholders. The use of a power of attorney signature is noted and appropriately disclosed. The document provides precise figures for shares issued, fee amount, and price per share, but does not indicate any related-party transactions beyond the routine compensation issuance.