Brown Timothy C. E. 4
4 · HNI CORP · Filed Dec 10, 2025
Insider Transaction Report
Form 4
HNI CORPHNI
Brown Timothy C. E.
Director
Transactions
- Award
Common Stock
2025-12-10+58→ 58 total
Footnotes (1)
- [F1]Represents shares of the issuer received in connection with the conversion set forth in that certain Agreement and Plan of Merger (the "Merger Agreement'), dated August 3, 2025, by and among the issuer, Steelcase Inc., a Michigan corporation ("Steelcase"), Geranium Merger Sub I, Inc., a Michigan corporation and wholly owned subsidiary of the issuer and Geranium Merger Sub II, LLC, a Michigan limited liability company and direct wholly owned subsidiary of the issuer, pursuant to which each share of Steelcase common stock held by the reporting person were converted into $7.20 in cash and 0.2192 shares of the issuer's common stock in accordance with a mixed election to receive a combination of cash and stock consideration pursuant to the terms of the Merger Agreement.