Form 4: HNI Corp VP, Member Relations, Jennifer Sue Petersen, Reports Tax Withholding on Restricted Stock Units

Jennifer Sue Petersen, VP, Member Relations at HNI Corp, reports the withholding of shares to cover taxes upon the vesting of restricted stock units.

Summary

• On February 14, 2025, Jennifer Sue Petersen, VP, Member Relations at HNI Corp, had 273 shares withheld to cover taxes upon vesting of restricted stock units at a price of $49.6.
• On February 15, 2025, 280 shares were withheld at a price of $50.
• On February 16, 2025, 150 shares were withheld at a price of $50.
• Following these transactions, Petersen directly owns 6,435 shares of HNI Corp common stock and indirectly owns 1,562.347 shares through a Profit-Sharing Retirement Plan.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard tax withholding procedures, and does not indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for corporate officers holding company stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they relate to tax obligations of an executive.

Key Dates

Keywords

HNI Corp, Jennifer Sue Petersen, Form 4, Insider Trading, Stock Withholding, Restricted Stock Units, Tax Withholding, Beneficial Ownership