HNI (HNI) Director Timothy C. E. Brown Receives 263-Share Award

What Happened

• Timothy C. E. Brown, a director of HNI Corp. (HNI), was awarded 263 shares on 2026-08-18.
• The shares were valued at $47.52 each, for a total reported value of $12,498. This was an award/acquisition (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (appears timely).
• Price per share: $47.52; total value: $12,498.
• Shares acquired under: HNI’s 2017 Plan for Non-Employee Directors, issued in lieu of the quarterly board retainer fee.
• Footnote: The award replaced a quarterly retainer fee of $12,500.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This transaction is a routine director compensation award (coded "A" for award/acquisition) rather than a market purchase or sale; such awards are common and typically reflect compensation policy, not necessarily an insider signal about the company’s near-term outlook.