Bullock Bishop Brandon III 4
Research Summary
AI-generated summary
HNI COO Bullock Receives 6,856 RSU Award
What Happened
- Bullock Bishop Brandon III, Chief Operating Officer of HNI Corp (HNI), was granted 6,856 restricted stock units (RSUs) on 2026-02-18. The grant is recorded at $0.00 (no cash paid) and is reported as an award (code A) on the Form 4.
Key Details
- Transaction date: 2026-02-18; Filing date: 2026-02-20 (filed within the normal two-business-day window).
- Amount: 6,856 RSUs; reported price per share: $0.00 (grant, not a purchase or sale).
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs were granted under the Issuer’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.
- No 10b5-1 plan, tax-withholding detail, or immediate sale reported.
Context
- RSUs are a form of compensation that convert into shares only as they vest; this award does not represent an open-market purchase or sale and does not by itself indicate the insider’s intention to buy or sell shares. For retail investors, vesting dates and the company’s share price at those times determine the award’s eventual cash/market value.