Form 4: Director John Maeda Reports Phantom Stock Transaction in MillerKnoll, Inc.
SEC Form 4 Filing
Director John Maeda reports acquisition and disposal of phantom stock units in MillerKnoll, Inc. on January 15, 2025.
Summary
- On January 15, 2025, John Maeda, a director of MillerKnoll, Inc. (MLKN), engaged in a transaction involving phantom stock.
- Maeda acquired phantom stock representing 6,575.3424 shares of common stock at a price of $21.9.
- Following the transaction, Maeda's holdings include 8,721.6148 derivative securities.
- The phantom stock is payable in shares of common stock at the director's election, according to the company's director deferred compensation plan.
- The reported holdings include shares acquired through participation in the MillerKnoll, Inc. Director Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Date of phantom stock transaction |
| 01/17/2025 | Date of signature for the report |
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