MillerKnoll, Inc. (MLKN) grants 26,663 RSUs to Chief Legal Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jacqueline Hourigan Rice reported acquisition or exercise transactions in this Form 4 filing.
MillerKnoll, Inc. reported that Chief Legal Officer Jacqueline Hourigan Rice received a grant of 26,663 restricted stock units on July 14, 2026. Each unit represents one share of common stock and vests in three equal annual installments on July 22 of each year. Following this award, Rice holds 67,316 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jacqueline Hourigan Rice
Role
Chief Legal Officer and Corpor
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 26,663 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 67,316 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: 26,663 units
Grant price per RSU: $0.0000 per unit
RSUs held after grant: 67,316 units
+2 more
5 metrics
Restricted stock units granted
26,663 units
RSUs granted to Chief Legal Officer Jacqueline Hourigan Rice on July 14, 2026
Grant price per RSU
$0.0000 per unit
Reported transaction price per restricted stock unit in the award
RSUs held after grant
67,316 units
Total restricted stock units held directly by Jacqueline Hourigan Rice after the transaction
Vesting installments
3 annual installments
Restricted stock units vest in three equal annual installments on July 22 of each year
Underlying common shares per RSU
1 share per unit
Each restricted stock unit represents a contingent right to receive one share of common stock
Key Terms
Restricted Stock Units, contingent right, vest, annual installments
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of MLKN common stock."
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 of MLKN common stock."
vest financial
"The restricted stock units vest in three equal annual installments."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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) disclose for Jacqueline Hourigan Rice?
MillerKnoll disclosed that Chief Legal Officer Jacqueline Hourigan Rice received 26,663 restricted stock units on July 14, 2026. Each unit represents one share of common stock as part of her equity compensation.
How do the new restricted stock units for MillerKnoll (MLKN) vest?
The 26,663 restricted stock units vest in three equal annual installments. Vesting for each tranche occurs on July 22 of each respective year, spreading the award over a multi‑year period.
What does each restricted stock unit represent in the MillerKnoll (MLKN) award?
Each restricted stock unit represents a contingent right to receive one share of MillerKnoll common stock. Delivery of the underlying shares depends on meeting the stated vesting conditions over time.
What is Jacqueline Hourigan Rice’s total MillerKnoll (MLKN) RSU holding after this grant?
After the July 14, 2026 grant, Jacqueline Hourigan Rice holds 67,316 restricted stock units directly. This total reflects the newly awarded 26,663 units plus previously granted RSUs that remain outstanding.
Was there a purchase price for the MillerKnoll (MLKN) restricted stock units granted?
The filing reports a transaction price of $0.0000 per restricted stock unit. This indicates the award was granted as compensation rather than acquired through an open‑market purchase for cash consideration.