Veltman Kevin J. 4
4 · MILLERKNOLL, INC. · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
MILLERKNOLL CFO Kevin Veltman Receives 28,617 Share Award
What Happened
Kevin J. Veltman, Chief Financial Officer of MillerKnoll, was granted 28,617 restricted stock units (RSUs) on July 14, 2026. The grant is reported as a derivative award (transaction code A) with no cash price (reported $0.00). RSUs are not an immediate purchase or sale; they represent a contingent right to receive one share of MLKN common stock upon vesting.
Key Details
- Transaction date: July 14, 2026 (Form 4 filed July 16, 2026 — timely filing).
- Amount granted: 28,617 RSUs (reported at $0.00).
- Vesting schedule: three equal annual installments of 9,539 RSUs each; vesting occurs on July 22 of each year (per footnote).
- Footnote F1: Each RSU converts to one share of MLKN common stock upon vesting.
- Footnote F2: Vesting in three equal annual tranches on July 22 each year.
- Shares owned after transaction: Not specified in the provided filing details.
- No 10b5-1 plan, tax withholding, or sale noted in this filing.
Context
RSU grants are a common form of executive compensation and become actual shares only as they vest; they do not indicate an immediate cash outlay by the insider nor an immediate sale. This filing reports the grant itself (an award), not a market purchase or sale.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-07-14+28,617→ 53,757 total→ Common Stock (28,617 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
- [F2]The restricted stock units vest in three equal annual installments. Vesting for each tranche occurs on July 22nd of each respective year.