HNI (HNI) President Irene Tasi Receives RSU Award

What Happened

• Irene Tasi (listed in the filing as "Tasi Irene"), President, Steelcase, received a grant of 12,409 restricted stock units (RSUs) on September 14, 2026. The Form 4 records the acquisition price as $0.00 (typical for compensation awards). These RSUs represent contingent rights to receive one share of HNI common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-09-14; Form filed: 2026-09-16 (timely filing).
• Shares/units granted: 12,409 RSUs; reported acquisition price: $0.00.
• Vesting: 5,985 RSUs vest in three equal annual installments beginning Feb 20, 2027; 6,424 RSUs vest in two equal annual installments beginning Sept 14, 2027; all vesting is subject to continued service.
• Plan/footnote: Grants made under the HNI Corporation Incentive Compensation Plan for Legacy Steelcase Employees (see footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding sale, or immediate sale indicated in the filing.

Context

• RSUs are compensation awards that convert into shares only upon vesting; they are not an immediate open-market purchase or sale. Such grants are common for executive compensation and reflect future pay tied to continued service rather than an immediate market-direction signal.