Bradford Steven M 4

What Happened

• Bradford Steven M, Senior Vice President, General Counsel & Secretary of HNI Corp, was granted 5,365 restricted stock units (RSUs) on 2026-02-18. The filing reports an acquisition price of $0.00 (awarded RSUs), so no cash was paid at grant and the reported immediate value is $0.

Key Details

• Transaction date: 2026-02-18; transaction type: Award/Grant (Code A); reported on Form 4 filed 2026-02-20 (filed timely).
• Shares/units granted: 5,365 RSUs; reported acquisition price: $0.00.
• Shares owned after the transaction: Not reported in the Form 4 (ownership after grant not provided).
• Footnote: RSUs were granted under HNI’s 2017 Stock-Based Compensation Plan and convert to common stock subject to vesting in three equal annual installments beginning on the first anniversary of the grant, contingent on continued service.
• Filing timeliness: Reported within the normal two-business-day window following the transaction date.

Context

• RSU grants are a form of compensation, not an open-market purchase or sale; they represent the right to receive shares in the future if vesting conditions are met. Such awards are common for executives and do not by themselves indicate a buy or sell signal.