Smith Brian Scott 4

What Happened

• Brian Scott Smith, President of Hearth & Home Tech at HNI Corp (HNI), had 16.544 shares withheld on Jan 19, 2026 to satisfy the tax liability from the distribution of deferred shares. The shares were valued at $47.19 each, totaling about $781. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-01-19; Filing date: 2026-01-21 (Form 4 accession 0000048287-26-000010) — filing appears timely (filed within two business days).
• Price per share: $47.19; Shares withheld/disposed: 16.544; Total value ≈ $781.
• Shares were withheld by the issuer to pay the tax liability from an Executive Deferred Compensation Plan (Footnote F1). No shares were sold on the open market.
• Shares owned after the transaction: not disclosed in the provided excerpt.

Context

• This was a routine tax-withholding action related to deferred compensation distribution (transaction code F). Such withholdings are administrative and do not necessarily indicate a decision to sell holdings or signal the insider’s view on the stock.