Form 4: HNI Corp Executive Vincent Berger Reports Tax Withholding on Vesting Restricted Stock Units

Executive Vice President and Chief Financial Officer of HNI Corp, Vincent Berger, reports the withholding of shares to cover taxes upon the vesting of restricted stock units.

Summary

• Vincent Berger, EVP & Chief Financial Officer of HNI Corp, filed a Form 4 on February 19, 2025.
• The form details the withholding of common stock shares to cover taxes upon the vesting of restricted stock units.
• A total of 1,384 shares were withheld on February 14, 2025, at a price of $49.6 per share.
• An additional 1,672 shares were withheld on February 15, 2025, at a price of $50 per share.
• Furthermore, 1,150 shares were withheld on February 16, 2025, at a price of $50 per share.
• Following these transactions, Berger directly owns 85,435.838 shares of HNI Corp common stock and indirectly owns 2,053.032 shares through a Profit-Sharing Retirement Plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Form 4) detailing tax withholding on vested stock units. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of restricted stock units and the subsequent withholding of shares to cover tax obligations, a common practice in executive compensation.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.
• The transactions have a minor impact on the overall share count.

Key Dates

Keywords

Form 4, HNI Corp, Vincent Berger, Restricted Stock Units, Tax Withholding, Beneficial Ownership, Common Stock