MillerKnoll (MLKN) director reports share and phantom stock buys
Rhea-AI Filing Summary
MillerKnoll, Inc. director Tina Edekar Edmundson reported equity transactions dated January 15, 2026. She acquired 6,153 shares of common stock at $19.5 per share, bringing her directly owned common stock to 11,632 shares immediately after that acquisition. She also exercised or converted 615.642 units of phantom stock at an exercise price of $19.5, receiving the same number of common shares and increasing her direct common stock holdings to 12,247.642 shares.
The filing shows a corresponding derivative transaction in which 615.642 phantom stock units were settled into common shares, leaving 1,231.2846 phantom stock units beneficially owned. Each phantom stock unit is economically equivalent to one share of common stock and is payable in shares at her election under the company’s director deferred compensation plan. The common stock totals include shares acquired through a dividend reinvestment plan.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock | 615.642 | $19.50 | $12K |
| Grant/Award | Common Stock | 6,153 | $19.50 | $120K |
| Exercise | Common Stock | 615.642 | $19.50 | $12K |
Footnotes (1)
- The directly owned common stock holdings reflected in Table I of this form include shares acquired through participation in the Herman Miller Dividend Reinvestment Plan, which satisfies the exemption of Rule 16b-2. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in shares of common stock, at the election of the reporting person made in accordance with the company's director deferred compensation plan. The Number of Derivative Securities Beneficially Owned reflected in Table II of this form include shares acquired through participation in the MillerKnoll, Inc. Director Deferred Compensation Plan, which satisfies the exemption of Rule 16b-3.
FAQ
What insider activity did MillerKnoll (MLKN) report for Tina Edekar Edmundson?
The report shows that director Tina Edekar Edmundson acquired 6,153 shares of MillerKnoll common stock at $19.5 per share and also received 615.642 common shares through the settlement of phantom stock units on January 15, 2026.
What happened to Tina Edekar Edmundsons phantom stock in MillerKnoll (MLKN)?
She converted 615.642 phantom stock units into common shares at an exercise price of $19.5, and after this, she beneficially owned 1,231.2846 phantom stock units linked to MillerKnoll common stock.
What is phantom stock in the context of MillerKnoll (MLKN)?
For MillerKnoll, each phantom stock unit is the economic equivalent of one share of common stock and becomes payable in shares of common stock at the director's election under the companys director deferred compensation plan.
Are Tina Edekar Edmundson9s MillerKnoll (MLKN) holdings affected by dividend reinvestment?
Yes. The filing notes that her directly owned common stock holdings include shares acquired through participation in the Herman Miller Dividend Reinvestment Plan.
Was the MillerKnoll (MLKN) Form 4 filed by more than one reporting person?
No. The Form 4 indicates it was filed by one reporting person, director Tina Edekar Edmundson.