Form 4: HNI Corp Director Larry B Porcellato Sells Shares

Director Larry B Porcellato sold 202 shares of HNI Corp common stock at an average price of $46.00 per share on May 10, 2024.

Summary

• On May 10, 2024, Larry B Porcellato, a director of HNI Corp, sold 202 shares of common stock.
• The shares were sold at a weighted average price of $46.00, with individual transactions ranging from $46.00 to $46.02.
• Following the transaction, Porcellato directly owns 38,897.6016 shares of HNI Corp common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company directors and officers, allowing investors to monitor potential shifts in sentiment or alignment with company performance.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.

Key Dates