|4Feb 17, 12:10 PM ET

Bradford Steven M 4

Research Summary

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Updated

HNI (HNI) SVP & GC Bradford Steven M Receives Award — 545 Shares Withheld

What Happened
Bradford Steven M, Senior Vice President, General Counsel & Secretary of HNI Corp (HNI), had 545 restricted stock unit (RSU) shares withheld to cover tax withholding upon vesting on February 12, 2026. The withholding was recorded at $51.72 per share, for a total value of approximately $28,187. This was a tax-withholding disposition of vested RSUs—not an open-market sale or purchase.

Key Details

  • Transaction date: 2026-02-12; Filing date: 2026-02-17 (filed after the usual 2-business-day Form 4 window).
  • Price used for withholding: $51.72 per share.
  • Shares withheld/disposed: 545 shares; total value ≈ $28,187.
  • Shares owned after transaction: not disclosed in the provided filing.
  • Footnote: F1 — Shares were withheld by the issuer to cover taxes upon RSU vesting on Feb 12, 2026; no shares were sold. (Transaction code F = tax withholding.)

Context
Tax-withholding on RSU vesting is a routine administrative transaction and does not indicate a directional buy or sell decision by the insider. Because this was not a market sale or purchase, it should not be interpreted as a trading signal. The filing date suggests the Form 4 was submitted after the typical 2-business-day reporting window.