MillerKnoll exec reports RSU exercise and awards
MillerKnoll, Inc. executive Debbie F. Propst, President Global Retail, reported multiple equity transactions on August 1, 2026.
Rhea-AI Filing Summary
MillerKnoll, Inc. executive Debbie F. Propst, President Global Retail, reported multiple equity transactions on August 1, 2026. She exercised 10,783 Restricted Stock Units into common stock and following the transaction held 66,604 RSUs. Common shares were also issued pursuant to Performance Share Units granted October 19, 2023 under the company’s 2020 LTIP. In separate code F entries, 11,166.412 shares of common stock were withheld at $22.52 per share to satisfy exercise-price or tax obligations.
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Insider Trade Summary
10,783 shares exercised/converted
Exercise
9 txns
Insider
Propst Debbie F
Role
President Global Retail
| 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 | 5,561.589 | $22.52 | $125K |
| Grant/Award | Common Stock F2 | 5,355 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,481.507 | $22.52 | $56K |
| Grant/Award | Common Stock F2 | 2,148 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 995.383 | $22.52 | $22K |
| Grant/Award | Common Stock F2 | 4,592 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,127.933 | $22.52 | $48K |
Holdings After Transaction:
Restricted Stock Units — 66,604 contracts (Direct);
Common Stock — 73,440.1449 shares (Direct)
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
RSUs exercised: 10,783 shares
RSUs remaining: 66,604 units
Shares withheld for obligations: 11,166.412 shares
+2 more
5 metrics
RSUs exercised
10,783 shares
Restricted Stock Units converted into common stock on August 1, 2026
RSUs remaining
66,604 units
Restricted Stock Units beneficially owned following the reported transaction
Shares withheld for obligations
11,166.412 shares
Common stock disposed of in code F transactions for exercise-price or tax liabilities
Withholding price
$22.5200 per share
Per-share value used in common stock code F withholding transactions
Performance Share Unit grant date
October 19, 2023
Grant date for PSUs under the company’s 2020 LTIP that issued shares on August 1, 2026
Key Terms
Restricted Stock Units, Performance Share Units, dividend equivalent units, Rule 16b-2, +1 more
5 terms
Restricted Stock Units financial
"She exercised 10,783 Restricted Stock Units into 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.
dividend equivalent units financial
"includes dividend equivalent units reinvested in the corresponding vesting RSUs"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
Rule 16b-2 regulatory
"which satisfies the exemption of Rule 16b-2"
2020 LTIP financial
"under the Company’s 2020 LTIP"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MillerKnoll (MLKN) report for Debbie F. Propst?
Debbie F. Propst reported exercising 10,783 Restricted Stock Units into MillerKnoll common stock on August 1, 2026. She also reported common shares issued from Performance Share Units under the 2020 LTIP and several code F dispositions where shares were withheld to cover exercise-price or tax obligations.
How many MillerKnoll (MLKN) Restricted Stock Units does Debbie F. Propst hold after these transactions?
After the reported activity, Debbie F. Propst beneficially held 66,604 Restricted Stock Units. Each RSU represents a contingent right to receive one share of MLKN common stock, subject to a vesting schedule described in the filing.
What vesting schedule applies to Debbie F. Propst’s MillerKnoll (MLKN) Restricted Stock Units?
The Restricted Stock Units are subject to a three-year vesting schedule: 25% vests at year one, 25% at year two, and 50% at year three. Vesting occurs on August 1 of each respective year, according to the disclosure.
Were Debbie F. Propst’s MillerKnoll (MLKN) transactions made under a Rule 10b5-1 trading plan?
The transactions were not reported as being made under a Rule 10b5-1 trading plan. The filing does not indicate that these August 1, 2026 equity movements occurred pursuant to any pre-arranged 10b5-1 arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
