Smith Brian Scott 4

What Happened
Brian S. Smith, President of Hearth & Home Technologies at HNI Corp, had 635 restricted stock units vest on February 12, 2026. To satisfy tax withholding obligations, the issuer withheld 635 shares at an implied value of $51.72 per share, totaling approximately $32,842. This was a tax-withholding disposition (code F), not an open-market sale — no shares were sold.

Key Details

• Transaction date: February 12, 2026
• Transaction code/type: F — payment of tax liability via share withholding (RSU vesting)
• Shares withheld/disposed: 635 shares at $51.72 each = $32,842 (reported as disposed to cover taxes)
• Footnote: F1 — shares were withheld by the issuer to cover taxes upon RSU vesting; no shares were sold.
• Shares owned after transaction: Not specified in the provided filing.
• Filing date: February 17, 2026 — filed five days after the transaction, which appears later than the standard two-business-day Form 4 filing window.

Context
Share withholding to cover taxes is a routine administrative transaction and does not indicate an open-market sale or a deliberate portfolio move by the insider. Retail investors typically weigh outright purchases more heavily than tax-related withholdings when assessing insider sentiment.