Jacqueline Hourigan Rice 4
4 · MILLERKNOLL, INC. · Filed Jul 23, 2026
Research Summary
AI-generated summary of this filing
MillerKnoll (MLKN) Chief Legal Officer Exercises RSUs; Shares Withheld
What Happened
- Jacqueline Hourigan Rice, Chief Legal Officer of MillerKnoll (MLKN), had restricted stock units (RSUs) convert/vest on July 22, 2026. She was credited with 12,790 shares (8,139 + 4,651) from the conversion (exercise/conversion code M; $0.00 exercise price because these are RSUs).
- To satisfy tax withholding (code F), 2,192.653 shares and 3,697.048 shares were surrendered/withheld at $21.89 per share, generating cash values of $48,008 and $80,947 respectively (total withheld value $128,955). No open-market sale beyond the withholding was reported.
Key Details
- Transaction date: 2026-07-22; Form 4 filed 2026-07-23 (next-day filing).
- Exercise/conversion price: $0.00 (these were RSUs converting to shares).
- Tax withholding: 5,889.701 shares withheld in aggregate at $21.89 per share (total ~$128,955).
- Shares owned after transaction: not specified in the excerpt provided. The filing notes dividend equivalents were reinvested into vesting RSUs and that directly owned shares include ESPP purchases (satisfies Rule 16b-3).
- Footnotes: F1/F2 indicate dividend equivalent units were reinvested into RSUs (exemption under Rule 16b-2). F3 defines each RSU = 1 share. F4 notes RSUs vest in three equal annual installments on July 22 of each year.
Context
- These were RSU vesting and tax-withholding actions (not a market sale). Withholding of shares to cover taxes is routine and does not necessarily signal a buy/sell decision.
- Because the exercise price is $0 for RSUs, the primary economic event is vesting and issuance of shares; the withheld shares were used solely for tax obligations.
Insider Transaction Report
Form 4
Jacqueline Hourigan Rice
Chief Legal Officer and Corpor
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-07-22+8,139→ 62,004.09 total - Exercise/Conversion
Common Stock
[F1][F2]2026-07-22+4,651→ 66,655.09 total - Tax Payment
Common Stock
2026-07-22$21.89/sh−2,192.653$48,008→ 64,462.437 total - Tax Payment
Common Stock
2026-07-22$21.89/sh−3,697.048$80,947→ 60,765.389 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-07-22−8,139→ 59,177 total→ Common Stock (8,139 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-07-22−4,651→ 54,526 total→ Common Stock (4,651 underlying)
Footnotes (4)
- [F1]The Number of Derivative Securities Beneficially Owned Following Reported Transaction reflected in Table I of this form includes dividend equivalent units reinvested in the corresponding vesting RSUs, which satisfies the exemption of Rule 16b-2.
- [F2]The Number of Derivative Securities Beneficially Owned Following Reported Transaction reflected in Table I of this form includes dividend equivalent units reinvested in the corresponding vesting RSUs, which satisfies the exemption of Rule 16b-2. The directly owned common stock holdings reflected in Table I of this form include shares purchased through the MillerKnoll, Inc. Employee Stock Purchase Plan, which satisfies the exemption requirements of Rule 16b-3
- [F3]Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
- [F4]The restricted stock units vest in three equal annual installments. Vesting for each tranche occurs on July 22nd of each respective year.
Signature
Jacqueline H. Rice|2026-07-23