Hagedorn Jason Dean 4
Research Summary
AI-generated summary
HNI President Jason Hagedorn Receives Award of 6,130 RSUs
What Happened
- Jason Dean Hagedorn, President, Workplace Furnishings at HNI Corp (HNI), was granted 6,130 restricted stock units (RSUs) on February 18, 2026. The Form 4 reports an award/acquisition of 6,130 shares at $0.00 consideration (typical for RSU grants); this is a compensation award, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-18 (Reported on Form 4 filed 2026-02-20)
- Transaction type/code: Award/Grant (A)
- Shares/units granted: 6,130 RSUs; reported consideration: $0.00
- Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service (per footnote)
- Shares owned after transaction: not specified in the provided filing excerpt
- Timeliness: Form 4 was filed two days after the grant date (appears timely under standard 2-business-day rule)
Context
- These RSUs are a stock‑based compensation award under HNI’s 2017 Stock‑Based Compensation Plan and convert to common stock as they vest. Such grants align executive pay with shareholder value but do not represent an immediate market buy or sell.