MEUNIER GREGORY A 4

What Happened Gregory A. Meunier (listed as Ex‑VP GL Ops, Kimball Intl) received 5,322 shares of HNI Corp common stock on February 25, 2026 as the result of vested performance stock units (PSUs). Of those shares, 1,622 were withheld by the issuer to cover tax withholding obligations at a value of $50.14 per share, totaling $81,327. The award shares were recorded at $0.00 acquisition price because they reflect vested PSUs rather than a cash purchase.

Key Details

• Transaction dates: February 25, 2026 (award and tax withholding); Form 4 filed February 27, 2026.
• Award: 5,322 shares issued (code A) — acquisition price reported as $0.00 (PSU vesting).
• Tax withholding: 1,622 shares withheld (code F) at $50.14/share = $81,327 withheld to cover taxes; no shares were sold on the open market.
• Footnotes: F1 notes these shares relate to PSUs granted under the 2017 Stock‑Based Compensation Plan on Feb 15, 2023; F2 confirms shares were withheld by the issuer to cover taxes upon vesting.
• Shares owned after the transaction: not specified in the provided filing details.
• Filing timeliness: Form filed two days after the transaction (Feb 27), which appears timely under Form 4 reporting rules.

Context This was a vesting of previously granted performance stock units, with shares withheld by the company to satisfy tax obligations — a routine, non‑market sale transaction. Tax‑withholding dispositions do not necessarily indicate selling pressure or insider sentiment; they are administrative actions to meet tax liabilities when awards vest.