MillerKnoll interim CEO reports RSU conversion, awards
MillerKnoll interim CEO Jeffrey M. Stutz converted 10,783 restricted stock units into the same number of common shares on August 1, 2026, leaving 108,449 RSUs outstanding.
Rhea-AI Filing Summary
MillerKnoll interim CEO Jeffrey M. Stutz converted 10,783 restricted stock units into the same number of common shares on August 1, 2026, leaving 108,449 RSUs outstanding. He also received common stock awards of 5,355, 2,148 and 4,592 shares, while 10,506.162 shares were withheld at $22.52 per share to satisfy exercise price or tax liabilities. He holds 15,206.806 shares indirectly through a profit share plan. The restricted stock units vest 25%, 25% and 50% on August 1 of each year over three years.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 10,783 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 10,783 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,232.742 | $22.52 | $118K |
| Grant/Award | Common Stock F2 | 5,355 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,334.78 | $22.52 | $53K |
| Grant/Award | Common Stock F2 | 2,148 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 936.528 | $22.52 | $21K |
| Grant/Award | Common Stock F2 | 4,592 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,002.112 | $22.52 | $45K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- 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. Shares issued August 1, 2026 pursuant to Performance Share Units granted on October 19, 2023 under the Company's 2020 LTIP.
- F3. Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
- F4. The restricted stock units are subject to a three-year vest schedule, vesting 25% at year one, 25% at year two, and 50% at year three. Vesting is on August 1 of each respective year.
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalent units financial
Rule 16b-2 regulatory
2020 LTIP financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did MillerKnoll (MLKN) interim CEO Jeffrey Stutz report on August 1, 2026?
How many MillerKnoll (MLKN) restricted stock units did Jeffrey Stutz convert to common stock?
What stock awards did MillerKnoll (MLKN) interim CEO Jeffrey Stutz receive in this filing?
What vesting schedule applies to Jeffrey Stutz’s MillerKnoll (MLKN) restricted stock units?
Were Jeffrey Stutz’s MillerKnoll (MLKN) transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.