MillerKnoll CFO acquires 4,887 shares as grants vest
Each restricted stock unit represents a contingent right to receive one MLKN common share; the units vest in three equal annual installments on October 22 of each respective year.
Sentiment and the balance of points
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Rhea-AI Filing Summary
MillerKnoll, Inc. Chief Financial Officer Kevin J. Veltman had 4,887 restricted stock units vest on October 22, 2026, and acquired 4,887 common shares.
Separately, 2,214 shares were delivered or withheld for payment of exercise price or tax liability, at a reported $21.68 per share; no Rule 10b5-1 plan is reported. After the transaction, Veltman beneficially owned 44,350 RSUs, including dividend equivalent units reinvested in corresponding vesting RSUs, and indirectly held 692 common shares through a profit share plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 4,887 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,887 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,214.306 | $21.68 | $48K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The Number of Derivative Securities Beneficially Owned Following Reported Transaction reflected in Table I of this form includes dividend equivalent units reinvested in the corresponding vesting RSUs, which satisfies the exemption of Rule 16b-2.
- F2. Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
- F3. The restricted stock units vest in three equal annual installments. Vesting for each tranche occurs on October 22nd of each respective year.
Key Figures
Key Terms
restricted stock unit financial
dividend equivalent units financial
Rule 16b-2 regulatory
FAQ
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What are the vesting terms for MillerKnoll RSUs?
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