Form 4: Director Tina Edekar Edmundson Acquires Phantom Stock in MillerKnoll, Inc.
SEC Form 4 Filing
Tina Edekar Edmundson, a director of MillerKnoll, Inc., acquired 1,773.3777 shares of phantom stock on September 15, 2024, at a price of $27.02 per share.
Summary
- On September 15, 2024, Tina Edekar Edmundson, a director of MillerKnoll, Inc. (MLKN), acquired 1,773.3777 shares of phantom stock.
- The price of each share of phantom stock was $27.02.
- Following the transaction, Ms. Edmundson directly owns 1,773.3777 shares of phantom stock.
- Each share of phantom stock is equivalent to one share of common stock and will be payable in shares of common stock according to the company's director deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It reports a transaction without expressing any positive or negative sentiment.
Future Outlook
The phantom stock will be converted to common stock at a future date, according to the company's director deferred compensation plan.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Date of transaction: Acquisition of phantom stock. |
| 09/17/2024 | Date of signature for the Form 4 filing. |
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