HNI.NYSEHni CORP

Form 4: Hagedorn Reports Changes in HNI Corp Beneficial Ownership

Sentiment:

SEC Form 4 Filing

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Jason Dean Hagedorn, President of Allsteel LLC, reports changes in beneficial ownership of HNI Corp stock due to tax withholdings upon vesting of restricted stock units.

Summary

  • Jason Dean Hagedorn, President of Allsteel LLC, filed a Form 4 detailing changes in his beneficial ownership of HNI Corp stock.
  • The changes resulted from the withholding of shares by HNI Corp to cover taxes upon the vesting of restricted stock units on February 14, 15 and 16, 2025.
  • A total of 562, 643 and 393 shares were withheld at prices of $49.6 and $50 respectively.
  • Following these transactions, Hagedorn directly owns 34,685.138 shares of HNI Corp common stock and indirectly owns 1,177.5 shares through a Profit-Sharing Retirement Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership due to routine tax withholdings. It doesn't contain information that would significantly impact investor sentiment.

Industry Context

Form 4 filings are a routine part of insider transactions and are required by the SEC to ensure transparency in the market.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
02/14/2025Vesting of restricted stock units; 562 shares withheld for taxes at $49.6.
02/15/2025Vesting of restricted stock units; 643 shares withheld for taxes at $50.
02/16/2025Vesting of restricted stock units; 393 shares withheld for taxes at $50.
02/19/2025Date of Form 4 signature.

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