Form 4: HNI Corp Director Hallinan Acquires Shares Under Equity Plan
SEC Form 4 Filing
Director Patrick D Hallinan acquired 2,655 shares of HNI Corp common stock on May 14, 2024, under the company's 2017 Equity Plan for Non-Employee Directors.
Summary
- On May 14, 2024, Patrick D Hallinan, a director of HNI Corp, acquired 2,655 shares of common stock.
- The acquisition was made under HNI Corporation's 2017 Equity Plan for Non-Employee Directors.
- The price per share was $0.
- Following the transaction, Hallinan beneficially owns 11,830 shares of HNI Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
This type of transaction is common for directors of publicly traded companies, who often receive stock grants as part of their compensation.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of transaction: Patrick D Hallinan acquired 2,655 shares of HNI Corp common stock. |
| 05/16/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.