HNI CORP·4

Feb 17, 12:15 PM ET

Rao Radhakrishna S 4

Research Summary

AI-generated summary

Updated

HNI CIO Rao Radhakrishna Withholds 481 Shares for Taxes

What Happened

  • Rao Radhakrishna, Chief Information and Digital Officer at HNI Corp (HNI), had 481 shares withheld by the issuer to cover tax withholding related to restricted stock units that vested on February 12, 2026. The withholding was recorded at $51.72 per share for a total value of $24,877.
  • This was a tax-withholding event (code F), not an open-market sale or purchase; no shares were sold in the marketplace.

Key Details

  • Transaction date: 2026-02-12; withholding price: $51.72 per share; total value: $24,877.
  • Transaction type: F (shares withheld to cover tax liability upon RSU vesting).
  • Footnote: Issuer withheld the shares to cover taxes on RSUs that vested Feb 12, 2026; no shares were sold (F1).
  • Form filed: 2026-02-17 (the filing date is 5 days after the transaction date).
  • Shares owned after the transaction: not disclosed in the provided filing.

Context

  • Tax-withholding via share retention is routine when restricted stock units vest and generally does not reflect a buying or selling decision by the insider. It should not be interpreted as a bullish or bearish signal by itself.