Form 4: HNI Corp COO Kourtney L. Smith Reports Stock Transaction
SEC Form 4 Filing
Kourtney L. Smith, COO of Kimball International (a division of HNI Corp), reports the withholding of 334 common stock shares to cover taxes upon vesting of restricted stock units on February 14, 2025.
Summary
- On February 14, 2025, Kourtney L. Smith, COO of Kimball International and an officer of HNI Corp, had 334 shares of common stock withheld by the issuer.
- This withholding was to cover taxes related to the vesting of restricted stock units.
- Following the transaction, Smith directly owns 40,562 shares of HNI Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to executive compensation and tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This is a routine transaction related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of the stock transaction (tax withholding) and vesting of restricted stock units. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
HNI Corp, Kourtney L. Smith, Kimball International, Form 4, Stock transaction, Beneficial ownership, Restricted stock units, Tax withholding, Officer, COO
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