Lorenger Jeffrey D 4

What Happened Jeffrey D. Lorenger, President & CEO and a director of HNI Corp (HNI), was granted 75,061 restricted stock units (RSUs) on February 18, 2026. The grant is reported as an award/acquisition (Code A) with no cash paid ($0.00 per share at grant). The RSUs represent an interest in common stock that will convert to shares subject to vesting.

Key Details

• Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20) — filing appears timely.
• Transaction type/code: Grant/Award (A).
• Shares/units granted: 75,061 RSUs. Grant price: $0.00 (no cash paid).
• Shares owned after the transaction: not reported in the provided filing details.
• Footnote: RSUs were granted under the Issuer's 2017 Stock-Based Compensation Plan and vest in three equal annual installments beginning on the first anniversary of the grant date, contingent on the reporting person's continued service.

Context RSUs are a form of equity compensation that convert into shares as they vest; they are typically used for executive pay and retention. This award does not represent an open-market purchase or sale and does not by itself indicate immediate buying or selling sentiment. Tax withholding or share withholding may occur when RSUs vest (not detailed in this filing).