Brown Timothy C. E. 4
4 · HNI CORP · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
HNI Director Timothy C. E. Brown Receives Stock Awards
What Happened
Timothy C. E. Brown, a director of HNI Corp (HNI), received two non‑market awards on 2026-05-19: 4,786 shares granted under the company's non-employee director equity plan (priced $0.00) and 427 shares acquired at $29.25 each (total $12,490) in lieu of a quarterly board retainer.
Key Details
- Transaction date(s): 2026-05-19; Form filed 2026-05-21 (appears timely).
- Transaction codes: A = Award/Grant (non‑market compensation).
- Awards: 4,786 shares @ $0.00 (restricted award per plan); 427 shares @ $29.25 = $12,490 (in‑lieu of $12,500 quarterly retainer).
- Plan footnotes: F1 — grants issued under HNI Corporation’s 2017 Equity Plan for Non‑Employee Directors; F2 — 427 shares issued in lieu of quarterly board retainer fees.
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
Context
These transactions are director compensation (stock awards and fee conversion), not open‑market purchases or sales. Such awards are routine for non‑employee directors and reflect compensation policy rather than a direct market signal of insider buying or selling.
Insider Transaction Report
Form 4
HNI CORPHNI
Brown Timothy C. E.
Director
Transactions
- Award
Common Stock
[F1]2026-05-19+4,786→ 6,273 total - Award
Common Stock
[F2]2026-05-19$29.25/sh+427$12,490→ 6,700 total
Footnotes (2)
- [F1]These shares were granted to the reporting person under HNI Corporation's 2017 Equity Plan for Non-Employee Directors.
- [F2]These shares were acquired under the Corporation's 2017 Plan for Non-Employee Directors in lieu of quarterly board retainer fees of $12,500.
Signature
/s/ Steven M. Bradford, By Power of Attorney|2026-05-21