Bullock Bishop Brandon III 4

What Happened

• Bishop Bullock, Chief Operating Officer of HNI Corporation, had 996 restricted stock units withheld by the company to cover tax withholding when RSUs vested on February 12, 2026. The withholding was applied at $51.72 per share, totaling $51,513. No shares were sold in an open-market transaction.

Key Details

• Transaction date: February 12, 2026
• Withheld shares: 996 shares at $51.72 per share; withholding value = $51,513
• Transaction code: F (tax withholding upon vesting of RSUs)
• Shares owned after transaction: filing notes that the reported total includes 89.05 shares acquired under the HNI Corporation Profit-Sharing Retirement Plan (per footnote)
• Footnote F1: Shares were withheld by issuer to cover taxes; no open-market sale occurred
• Footnote F2: The "shares owned following" total includes 89.05 shares from the HNI Profit-Sharing Retirement Plan
• Filing: Report filed Feb 17, 2026 for a Feb 12 transaction — outside the typical two-business-day Form 4 window (may be considered late)

Context

• Tax-withholding on vested RSUs is a routine administrative action and is not the same as an insider selling shares on the open market. Such transactions typically do not imply a change in the insider’s market view; they simply satisfy tax obligations.