Form 4: MillerKnoll CFO Jeffrey Stutz Reports Stock Transactions
SEC Form 4
Chief Financial Officer Jeffrey Stutz reports the acquisition and disposal of MillerKnoll, Inc. stock and restricted stock units.
Summary
- Jeffrey Stutz, CFO of MillerKnoll, Inc., reported transactions involving the company's stock on July 19, 2024.
- These transactions included the acquisition of 3,662 shares of common stock at $0.00 due to the deferred release of a Restricted Stock Unit (RSU) award granted on July 19, 2016.
- Stutz also disposed of 1,833.255 shares of common stock at $28.54.
- Following these transactions, Stutz directly owns 38,257.4658 shares of common stock and indirectly owns 14,188.492 shares through a profit share plan.
- He also owns 83,892 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of MLKN common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 07/19/2016 | Date of original RSU award grant. |
| 07/19/2019 | RSUs cliff vested. |
| 07/19/2024 | Date of stock acquisition and disposal, and deferred release of RSU award. |
| 07/22/2024 | Date of signature on the Form 4. |
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