Form 4: HNI Corp Executive Radhakrishna S. Rao Reports Stock Transactions

Radhakrishna S. Rao, Chief Info and Digital Officer of HNI Corp, reports the withholding of shares to cover taxes upon the vesting of restricted stock units.

Summary

• Radhakrishna S. Rao, Chief Info and Digital Officer of HNI CORP [HNI], filed a Form 4 on February 19, 2025, reporting changes in beneficial ownership.
• The report details the withholding of common stock shares by the issuer to cover taxes upon the vesting of restricted stock units.
• Specifically, 382 shares were withheld on February 14, 2025, at a price of $49.6 per share.
• An additional 401 shares were withheld on February 15, 2025, at a price of $50 per share.
• Furthermore, 197 shares were withheld on February 16, 2025, at a price of $50 per share.
• Following these transactions, Rao directly owns 17,689.465 shares of common stock and indirectly owns 1,994.256 shares through a Profit-Sharing Retirement Plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership and compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, HNI Corp, Radhakrishna S. Rao, Stock Transactions, Restricted Stock Units, Tax Withholding