Form 4: HNI Corp Director Larry B Porcellato Sells Shares
SEC Form 4 Filing
Director Larry B Porcellato sold 2 shares of HNI Corp common stock at $46.11 on May 13, 2024.
Summary
- On May 13, 2024, Larry B Porcellato, a director of HNI Corp, sold 2 shares of common stock.
- The transaction was executed at a price of $46.11 per share.
- Following the transaction, Porcellato directly owns 38,895.6016 shares of HNI Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of a small stock sale by a director.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor insider trading activity as it can sometimes provide insights into management's view of the company's prospects, although a small sale like this is unlikely to be significant.
Stakeholder Impact
- The impact on stakeholders is likely minimal given the small size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of stock sale transaction |
| 05/14/2024 | Date of signature on the Form 4 filing |
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