Bradford Steven M 4
4 · HNI CORP · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
HNI General Counsel Bradford Steven M Sells Shares for Taxes
What Happened Bradford Steven M, Senior Vice President, General Counsel & Secretary of HNI Corp (HNI), had 1,380 shares withheld by the issuer to cover tax obligations when restricted stock units vested. The withholding occurred in two entries: 597 shares withheld at $50.03 on 2026-02-14 (≈ $29,868) and 783 shares withheld at $50.03 on 2026-02-15 (≈ $39,173), for a combined disposition value of about $69,041. These were tax-withholding dispositions (transaction code F), not open-market sales.
Key Details
- Transaction dates and prices: 597 shares @ $50.03 on Feb 14, 2026; 783 shares @ $50.03 on Feb 15, 2026.
- Total shares withheld/disposed: 1,380 shares; total value ≈ $69,041.
- Footnotes: F1 and F2 state the shares were withheld by the issuer to cover taxes upon RSU vesting and that no shares were sold in an open-market transaction.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Form filed Feb 18, 2026 for Feb 14–15 transactions; this appears to be outside the typical two-business-day Form 4 filing window, suggesting a late filing.
Context Tax-withholding by the issuer upon RSU vesting is a routine administrative action to satisfy tax withholding obligations and does not reflect an intentional open-market sale by the insider. Transaction code F denotes withholding for taxes rather than a discretionary sale or purchase.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-14$50.03/sh−597$29,868→ 65,143.079 total - Tax Payment
Common Stock
[F2]2026-02-15$50.03/sh−783$39,173→ 64,360.079 total
- 2,829.369(indirect: Profit-Sharing Retirement Plan)
Common Stock
Footnotes (2)
- [F1]These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 14, 2026. No shares were sold.
- [F2]These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 15, 2026. No shares were sold.