Brown Timothy C. E. 4
4 · HNI CORP · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
HNI Director Timothy C.E. Brown Receives 1,429-Share Award
What Happened
Timothy C.E. Brown, a director of HNI Corp (HNI), acquired two equity awards on Feb 18, 2026 under the company's 2017 Equity Plan for Non‑Employee Directors. He received 349 shares at $50.14 each (value $17,499) and 1,080 shares at $50.14 each (value $54,151), for a total of 1,429 shares valued at approximately $71,650. These were awards/issuances (not open‑market purchases or option exercises).
Key Details
- Transaction date: 2026-02-18; price per share: $50.14 for both grants.
- Share counts and values: 349 shares ($17,499) and 1,080 shares ($54,151); total 1,429 shares (~$71,650).
- Shares owned after the transactions: not specified in the Form 4 filing.
- Footnotes: F1 — 349 shares were issued in lieu of the quarterly board retainer fee of $17,500; F2 — 1,080 shares were issued under the 2017 Equity Plan for Non‑Employee Directors.
- Filing timeliness: Report filed 2026-02-20 for a 2026-02-18 transaction — appears timely (filed within the normal reporting window).
Context
These awards are routine director compensation (equity in lieu of cash retainer and plan grants) and are standard for non‑employee directors. Such compensation does not necessarily indicate a personal buying/selling decision or change in insider sentiment, unlike discretionary open‑market purchases or sales.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-18$50.14/sh+349$17,499→ 407 total - Award
Common Stock
[F2]2026-02-18$50.14/sh+1,080$54,151→ 1,487 total
Footnotes (2)
- [F1]These shares were acquired by the reporting person under the Corporation's 2017 Equity Plan for Non-Employee Directors in lieu of quarterly board retainer fees of $17,500.
- [F2]These shares were acquired by the reporting person under the Corporation's 2017 Equity Plan for Non-Employee Directors.