MLKN Form 3: Veltman reports shares, options ($20–$27.75) and RSU vesting schedule

Rhea-AI Filing Summary

Kevin J. Veltman reported initial beneficial ownership of MillerKnoll, Inc. (MLKN). He directly holds 18,181.581 shares and indirectly holds 664.404 shares through a profit share plan. He also holds stock options exercisable for 29,442 shares at strike prices from $20.00 to $27.75, and 10,477 restricted stock units that convert to common shares on vesting dates between 2026 and 2028.

Positive

• Full disclosure of direct and indirect holdings provides transparency on insider ownership
• Detailed listing of option strike prices and RSU vesting schedules enables clear tracking of potential dilution

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: This Form 3 discloses the reporting person's direct and indirect holdings plus multiple option and RSU grants.

The filing documents Mr. Veltman's initial reported ownership in MLKN, combining direct shareholdings, an indirect profit-share allocation, several outstanding non-qualified stock options with staggered exercisability and strikes, and restricted stock units scheduled to vest through 2028. For governance, this provides transparency on insider incentives and potential future dilution as options and RSUs vest and convert to common shares.

Securities Analyst

TL;DR: Report clarifies equity exposure and potential future share issuance from options and RSUs.

The statement quantifies current direct ownership (18,181.581 shares) and indirect holdings (664.404 shares), plus option positions totaling 29,442 underlying shares and 10,477 RSUs. Exercise prices are noted ($20.00 to $27.75) with vesting/exercise timelines into 2033. This information helps model potential dilution and timing of insider-aligned compensation realizations.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Veltman Kevin J.

(Last) (First) (Middle)

855 EAST MAIN AVENUE

P.O. BOX 302

(Street)

ZEELAND MI 49464

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/08/2025

3. Issuer Name and Ticker or Trading Symbol
MILLERKNOLL, INC. [ MLKN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CFO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	18,181.581	D
Common Stock	664.404	I	by profit share plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	(1)	07/18/2033	Common Stock	16,399	$20	D
Non-Qualified Stock Option (right to buy)	(2)	07/14/2030	Common Stock	1,999	$21.38	D
Non-Qualified Stock Option (right to buy)	(2)	07/14/2030	Common Stock	7,500	$23.52	D
Non-Qualified Stock Option (right to buy)	(2)	07/12/2032	Common Stock	3,544	$27.75	D
Restricted Stock Units	07/22/2028(3)	(3)	Common Stock	10,477	(4)	D

Explanation of Responses:

1. Currently 10,933 options are fully exercisable, with the remaining and final third tranche of 5,466 options vesting on July 18, 2026

2. Currently exercisable.

3. 1,172 RSUs represent the third and final tranche of his July 2023 RSU grant award. These units will vest on August 1, 2026. The original grant scheduled to vest 25%, 25%, 50%. 1,490 RSUs represent the second and third tranche of the July 2024 RSU grant award. These tranches will vest ratably each year on July 22. The original grant scheduled to vest in three equal installments over three years. 7,815 RSUs represent the three tranches from the July 2025 RSU grant award. These tranches will vest ratably each year on July 22. The original grant is scheduled to vest in three equal installments over three years.

4. Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.

	By: Jacqueline H. Rice For: Kevin J. Veltman	09/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What shares does Kevin J. Veltman report owning in MLKN?

He reports 18,181.581 shares directly and 664.404 shares indirectly via a profit share plan.

How many optioned shares does Mr. Veltman hold and what are the strike prices?

He holds options exercisable for a total of 29,442 shares with strike prices of $20.00, $21.38, $23.52, and $27.75.

What restricted stock units (RSUs) are disclosed and when do they vest?

He has 10,477 RSUs that convert one-for-one to common shares with vesting tranches scheduled through July/August 2026 and July 22, 2028 depending on grant.

When was the event requiring this Form 3 reported?

The Date of Event requiring this statement is 09/08/2025 and the form is signed on 09/10/2025.