Form 4: HNI Corp Executive Steven M. Bradford Reports Stock Transactions

Steven M. Bradford, Sr. VP, Gen. Counsel & Sec. of HNI Corp, reports the withholding of shares to cover taxes upon the vesting of restricted stock units.

Summary

• Steven M. Bradford, a Senior Vice President, General Counsel, and Secretary at HNI Corp, filed a Form 4 detailing changes in beneficial ownership.
• The report indicates that shares of common stock were withheld by the issuer to cover taxes upon the vesting of restricted stock units.
• Specifically, 597 shares were withheld on February 14, 2025, at a price of $49.6 per share, 783 shares were withheld on February 15, 2025, at a price of $50 per share, and 544 shares were withheld on February 16, 2025, at a price of $50 per share.
• Following these transactions, Bradford directly owns 64,245.926 shares of common stock and indirectly owns 2,674.854 shares through a Profit-Sharing Retirement Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions related to tax withholdings, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to tax obligations on vested stock units.

Key Dates

Keywords

Form 4, HNI Corp, Beneficial Ownership, Steven M. Bradford, Stock Transactions, Restricted Stock Units, Tax Withholding