|4Feb 18, 3:25 PM ET

Bradford Steven M 4

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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.