MillerKnoll (MLKN) awards CFO Kevin Veltman 28,617 restricted stock units
Rhea-AI Filing Summary
Veltman Kevin J. reported acquisition or exercise transactions in this Form 4 filing.
MillerKnoll, Inc. reported that Chief Financial Officer Kevin J. Veltman received a grant of 28,617 Restricted Stock Units on July 14, 2026. Each unit represents a contingent right to one share of common stock and vests in three equal annual installments on July 22. Following this award, Veltman directly holds 53,757 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Veltman Kevin J.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 28,617 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 53,757 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of MLKN common stock. The restricted stock units vest in three equal annual installments. Vesting for each tranche occurs on July 22nd of each respective year.
Key Figures
Restricted Stock Units granted: 28,617 units
Total RSUs following grant: 53,757 units
Vesting installments: 3 annual installments
+1 more
4 metrics
Restricted Stock Units granted
28,617 units
Grant to CFO Kevin J. Veltman on July 14, 2026
Total RSUs following grant
53,757 units
Direct RSU holdings after the reported award
Vesting installments
3 annual installments
RSUs vest in three equal annual tranches on July 22 each year
Transaction price per unit
0.0000 per unit
Grant price reported for the restricted stock units
Key Terms
Restricted Stock Units, contingent right, vest in three equal annual installments
3 terms
Restricted Stock Units financial
"security title "Restricted Stock Units" representing equity awards"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest in three equal annual installments financial
"The restricted stock units vest in three equal annual installments"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did MillerKnoll (MLKN) grant to its CFO Kevin Veltman?
MillerKnoll granted CFO Kevin J. Veltman 28,617 Restricted Stock Units on July 14, 2026. Each RSU is a contingent right to receive one share of MillerKnoll common stock, granted as part of his equity-based compensation.
How many MillerKnoll (MLKN) restricted stock units does CFO Kevin Veltman hold after this Form 4?
After the reported grant, Kevin J. Veltman directly holds 53,757 Restricted Stock Units in MillerKnoll. This total reflects his RSU position following the 28,617-unit award disclosed for the July 14, 2026 transaction.
What does a restricted stock unit represent in MillerKnoll's (MLKN) Form 4 for Kevin Veltman?
Each MillerKnoll restricted stock unit represents a contingent right to receive one share of MLKN common stock. The units convert into shares as they vest according to the three-year annual installment vesting schedule described in the disclosure.
What is the vesting schedule for Kevin Veltman’s new MillerKnoll (MLKN) RSU grant?
The 28,617 RSUs granted to Kevin J. Veltman vest in three equal annual installments. Vesting for each tranche occurs on July 22 of each respective year, tying the award to a multi-year retention period.
Does the July 14, 2026 MillerKnoll (MLKN) Form 4 show a stock purchase or sale by the CFO?
No open-market purchase or sale is reported; the filing shows a grant of 28,617 RSUs coded as an acquisition (Code A). This is a compensation-related equity award, not a discretionary buy or sell of common shares.