Veltman Kevin J. 4

What Happened

• Kevin J. Veltman, CFO of MillerKnoll (MLKN), had restricted stock units (RSUs) convert to 3,348 shares on July 22, 2026 (two tranches: 2,604 and 744 shares). The RSUs converted at $0 exercise price (code M).
• To satisfy tax withholding (code F), 350.749 shares and 1,182.837 shares (total 1,533.586 shares) were withheld at $21.89/share, totaling $33,578 (reported as disposals). Net new shares retained by Veltman = 3,348 − 1,533.586 = 1,814.414 shares.
• This was a routine vesting/tax-withholding transaction (not an open-market sale or purchase).

Key Details

• Transaction date: July 22, 2026; filing date: July 23, 2026 (timely).
• Exercise/conversion (M): 2,604 shares and 744 shares acquired at $0.00.
• Tax withholding (F/disposed): 350.749 shares for $7,680 and 1,182.837 shares for $25,898 (total $33,578) at $21.89/share.
• Net shares added: ~1,814.414 shares.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: each RSU equals one share; RSUs vest in three equal annual installments on July 22; dividend equivalents were reinvested into vesting RSUs per footnote.

Context

• This was a standard RSU vesting event with cashless share withholding to cover taxes — a common, non-market-sale transaction and generally not a directional signal about the insider's view.
• Code meanings: M = exercise/conversion of a derivative (RSU conversion here); F = payment of exercise price or tax liability (share withholding).