HNI CORP·4

Feb 18, 3:30 PM ET

Petersen Jennifer Sue 4

Research Summary

AI-generated summary

Updated

HNI (HNI) VP Jennifer Petersen Withholds 801 Shares for Taxes

What Happened

  • Jennifer Sue Petersen, Vice President, Member Relations at HNI Corp, had restricted stock units (RSUs) vest and the issuer withheld a total of 801 shares to cover taxes. On Feb 14, 2026, 395 shares were withheld at $50.03 each ($19,762). On Feb 15, 2026, 406 shares were withheld at $50.03 each ($20,312). No shares were sold in the open market.

Key Details

  • Transaction dates and prices: 2/14/2026 — 395 shares @ $50.03 ($19,762); 2/15/2026 — 406 shares @ $50.03 ($20,312).
  • Total withheld: 801 shares, total value about $40,074.
  • Transaction code: F (tax withholding upon RSU vesting). Footnotes: F1 and F2 confirm shares were withheld by the issuer to cover taxes; no shares were sold.
  • Filing: Form 4 filed Feb 18, 2026 (Accession 0000048287-26-000024). The filing lists the transactions dated Feb 14–15, 2026.
  • Shares owned after transaction: not reported in the provided filing details.

Context

  • Tax-withholding on vested RSUs is a routine administrative transaction: the company retains a portion of vested shares to satisfy tax obligations. This is different from an open-market sale and does not necessarily indicate the insider is reducing or increasing their economic stake by choice.
  • For investors, purchases or open-market sales are generally more informative about insider sentiment than withholding events like this one.