Form 4: HNI Corp VP Jennifer Sue Petersen Reports Acquisition of Common Stock and Restricted Stock Units
SEC Form 4
Jennifer Sue Petersen, VP of Member Relations at HNI Corp, reports acquiring common stock and restricted stock units, as well as disposing of common stock.
Summary
- On February 12, 2025, Jennifer Sue Petersen, VP of Member Relations at HNI Corp, reported transactions involving HNI Corp common stock.
- Petersen acquired 2,576 shares of common stock and disposed of 7,138 shares.
- She also indirectly owns 1,562.347 shares through the Profit-Sharing Retirement Plan.
- The acquired shares are related to Restricted Stock Units granted under the company's 2017 Stock-Based Compensation Plan, vesting in three equal annual installments starting one year from the grant date, contingent on continued service.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting insider transactions, which doesn't inherently convey positive or negative sentiment. It's a factual disclosure.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It assures stakeholders that insider trading activities are being monitored and disclosed.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of transaction: acquisition and disposal of common stock. |
| 02/14/2025 | Date of signature by attorney-in-fact. |
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