MillerKnoll, Inc. (MLKN) awards 77,504 RSUs to interim CEO Jeffrey Stutz
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stutz Jeffrey M reported acquisition or exercise transactions in this Form 4 filing.
MillerKnoll, Inc. reported that Interim CEO Jeffrey M. Stutz received a compensation-related grant of 77,504 Restricted Stock Units (RSUs) on 2026-07-14. Each RSU represents a contingent right to receive one share of MillerKnoll common stock and was awarded at no cash cost. The RSUs vest in three equal annual installments, with each tranche vesting on July 22 of the respective year. Following this award, Stutz’s reported direct holdings total 138,139 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stutz Jeffrey M
Role
Interim CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 77,504 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 138,139 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
RSUs granted: 77,504 Restricted Stock Units
Total shares following transaction: 138,139 shares
Vesting schedule: 3 annual installments
+1 more
4 metrics
RSUs granted
77,504 Restricted Stock Units
Grant to Interim CEO Jeffrey M. Stutz on 2026-07-14
Total shares following transaction
138,139 shares
Direct holdings reported for Jeffrey M. Stutz after the RSU grant
Vesting schedule
3 annual installments
RSUs vest in three equal annual installments on July 22 of each respective year
RSU-to-share ratio
1 share per RSU
Each restricted stock unit represents a contingent right to receive one share of MLKN 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.