Petersen Jennifer Sue 4
4 · HNI CORP · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
HNI VP Jennifer Petersen Withholds 416 Shares for Taxes
What Happened
Jennifer Sue Petersen, Vice President, Member Relations at HNI Corp, reported a tax-withholding transaction (Code F) tied to vested restricted stock units (RSUs). On Feb 12, 2026, 416 shares were withheld by the issuer at $51.72 per share to cover taxes, a value of approximately $21,516. The filing notes that no shares were sold.
Key Details
- Transaction date: 2026-02-12; withholding price: $51.72 per share; total value: $21,516.
- Transaction type/code: F — shares withheld to satisfy tax withholding on vested RSUs (not a sale).
- Footnote F1: Shares were withheld by the issuer to cover taxes upon RSU vesting on Feb 12, 2026; no open-market sale occurred.
- Footnote F2: The filing indicates 120.86 shares were acquired under the HNI Profit-Sharing Retirement Plan and included in the reported total.
- Filing date: 2026-02-17 — filed five days after the transaction (later than the usual 2-business-day Form 4 window).
Context
Withholdings to cover taxes on vested RSUs are routine and do not necessarily indicate a decision to sell shares. This was a tax-withholding action (cashless share retention by the issuer), not an open-market sale. Retail investors should view this as an administrative transaction; note the filing was submitted after the standard two-day reporting window.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-12$51.72/sh−416$21,516→ 6,652 total
- 1,683.207(indirect: Profit-Sharing Retirement Plan)
Common Stock
[F2]
Footnotes (2)
- [F1]These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 12, 2026. No shares were sold.
- [F2]The total in column 5 includes 120.86 shares acquired under the HNI Corporation Profit-Sharing Retirement Plan.