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

Steven M. Bradford, Sr. VP, Gen. Counsel & Sec. of HNI Corp, reports acquisition and disposal of common stock related to performance stock units.

Summary

• On February 20, 2025, Steven M. Bradford, a Senior VP, Gen. Counsel & Secretary at HNI Corp, reported transactions involving HNI Corp common stock.
• Bradford acquired 2,638 shares of common stock related to performance stock units granted under the company's 2017 Stock-Based Compensation Plan.
• These shares were earned with respect to Performance Stock Units granted on February 16, 2022.
• The acquisition price was $0.
• Bradford also disposed of 1,139 shares to cover taxes upon vesting of the performance stock units at a price of $48.23 per share.
• No shares were sold.
• Following these transactions, Bradford directly owns 65,744.926 shares of HNI Corp 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. 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 for publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates

Keywords

HNI Corp, Steven M. Bradford, Form 4, Stock transaction, Performance Stock Units, Common Stock, Beneficial Ownership