Form 4: HNI Corp Executive Bullock Bishop Brandon III Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
HNI Corp's President of The HON Company LLC, Bullock Bishop Brandon III, reports the disposal of common stock to cover tax obligations upon the vesting of restricted stock units.
Summary
- On February 14, 2025, Bullock Bishop Brandon III, President of The HON Company LLC, disposed of 871 shares of HNI Corp common stock at $49.6 per share to cover taxes upon vesting of restricted stock units.
- On February 15, 2025, Mr. Bullock disposed of 1,031 shares at $50 per share for the same reason.
- On February 16, 2025, Mr. Bullock disposed of 667 shares at $50 per share for the same reason.
- Following these transactions, Mr. Bullock directly owns 29,200 shares of HNI Corp common stock and indirectly owns 509.548 shares through a Profit-Sharing Retirement Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Disposal of 871 shares of common stock to cover taxes upon vesting of restricted stock units. |
| 02/15/2025 | Disposal of 1,031 shares of common stock to cover taxes upon vesting of restricted stock units. |
| 02/16/2025 | Disposal of 667 shares of common stock to cover taxes upon vesting of restricted stock units. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
HNI Corp, Bullock Bishop Brandon III, Form 4, Stock Disposal, Restricted Stock Units, Tax Obligations, Insider Trading, Beneficial Ownership, The HON Company LLC
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