SMITH KOURTNEY L 4

What Happened

• Kourtney L. Smith, listed as COO (Kimball International), received an award of 3,482 restricted stock units (RSUs) on February 18, 2026. The reported acquisition price is $0.00, so no cash was exchanged; the immediate reported value is $0.
• This was an equity award (code A), not an open-market purchase or sale — a typical form of compensation/retention rather than a trading decision.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (appears timely).
• Award: 3,482 RSUs; reported acquisition price $0.00.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: RSUs granted under the Issuer's 2017 Stock-Based Compensation Plan. They convert to common stock and vest in three equal annual installments beginning on the first anniversary of the grant, subject to continued service on each vesting date.
• No 10b5‑1 plan, tax‑withholding sale, or sale of underlying shares was reported in this filing.

Context

• RSUs represent a promise to deliver shares upon vesting; they do not produce immediate proceeds unless and until they vest and are converted to stock. Such awards are commonly used for compensation and retention and should not be interpreted as a personal buy or sell signal.