Form 4: HNI Corp Executive Brian Scott Smith Reports Stock Transactions
SEC Filing
Brian Scott Smith, President of Hearth & Home Technologies at HNI Corp, reports the withholding of shares to cover taxes upon the vesting of restricted stock units.
Summary
- On February 19, 2025, Brian Scott Smith, President of Hearth & Home Technologies at HNI Corp, filed a Form 4.
- The form details the withholding of HNI Corp common stock to cover taxes upon the vesting of restricted stock units.
- Specifically, 425 shares were withheld on February 14, 2025, 555 shares on February 15, 2025, and 380 shares on February 16, 2025.
- These transactions did not involve the sale of shares by Mr. Smith.
- Following these transactions, Mr. Smith directly owns 14,950.2186 shares of HNI Corp common stock and indirectly owns 1,498.862 shares through a profit-sharing retirement plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | 425 shares of common stock withheld for taxes at $49.6. |
| 02/15/2025 | 555 shares of common stock withheld for taxes at $50. |
| 02/16/2025 | 380 shares of common stock withheld for taxes at $50. |
| 02/19/2025 | Date of Form 4 filing. |
Keywords
Form 4, HNI Corp, Brian Scott Smith, Stock Transactions, Beneficial Ownership, Restricted Stock Units, Tax Withholding
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