Berger Vincent P 4
Research Summary
AI-generated summary
HNI CFO Vincent P. Berger Receives 10,299-Share RSU Award
What Happened
Vincent P. Berger, Chief Financial Officer of HNI Corp (HNI), was granted 10,299 restricted stock units (RSUs) on February 18, 2026. The reported acquisition price is $0.00 (award/grant), and the grant was reported on a Form 4 filed February 20, 2026. These RSUs convert into HNI common stock subject to a vesting schedule rather than representing immediately owned shares.
Key Details
- Transaction date: 2026-02-18; Transaction code: A (Award/Grant)
- Amount granted: 10,299 RSUs; reported acquisition price: $0.00; reported dollar value: $0
- Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant (see footnote) and are contingent on continued service
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Filing timeliness: Form 4 filed on 2026-02-20 for a 2026-02-18 grant (filed within the typical 2-business-day window)
Context
RSU grants are compensation/retention awards — they do not represent immediately tradable shares until they vest. This transaction is an award rather than a purchase or sale; it does not by itself indicate immediate buying or selling activity. The economic benefit to the insider will depend on vesting and the stock price at vesting.