Form 4: HNI Corp Executive VP Gregory Meunier Reports Stock Disposal for Tax Obligations

Gregory Meunier, Executive VP of Global Operations at Kimball International (a subsidiary of HNI Corp), disposed of 1,236 shares of common stock to cover tax obligations upon vesting of restricted stock units.

Summary

• Gregory A. Meunier, an Executive VP at HNI Corp, filed a Form 4 indicating changes in beneficial ownership.
• On June 30, 2024, Meunier disposed of 1,236 shares of HNI Corp common stock to cover taxes upon the vesting of restricted stock units.
• The shares were disposed of at a price of $45.02 per share.
• Following the transaction, Meunier beneficially owns 19,710 shares of HNI Corp common stock, including 188 shares accrued as dividends on unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates