Roch Michael J. 4
Research Summary
AI-generated summary
HNI CCO Michael J. Roch Withholds 256 Shares for Taxes
What Happened
- Michael J. Roch, CCO (WP & Health, Kimball Intl), had 256 shares withheld by the issuer to cover taxes related to restricted stock units that vested on Feb 12, 2026. The withholding valued the shares at $51.72 each, totaling $13,240. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-12; withholding price: $51.72 per share
- Shares withheld: 256; total value withheld: $13,240
- Shares owned after transaction: not specified in the filing
- Footnote: F1 — shares were withheld by the issuer to cover taxes upon vesting of RSUs on Feb 12, 2026; no shares were sold
- Filing date: 2026-02-17 — filed one business day after the two-business-day Form 4 deadline (i.e., late)
Context
- This was a routine tax-withholding event on vested RSUs (code F). Because the issuer withheld shares to cover taxes rather than selling shares in the open market, this transaction does not reflect a discretionary sale or purchase decision by the insider.