Form 4: MillerKnoll Executive Megan Lyon Reports Stock Transactions
SEC Form 4 Filing
Megan Lyon, Chief Strategy Officer of MillerKnoll, reports the acquisition and disposal of common stock and restricted stock units on August 1, 2024.
Summary
- On August 1, 2024, Megan Lyon, Chief Strategy Officer of MillerKnoll, engaged in multiple transactions involving the company's stock.
- These transactions included the acquisition of common stock through the vesting of restricted stock units (RSUs) and performance share units, as well as the disposal of shares to cover tax obligations.
- Lyon acquired 4,069 shares, 1,865 shares, and 2,102 shares through the vesting of RSUs.
- She also acquired 1,054 shares, 261 shares, 331 shares, 530 shares, 309 shares, 93 shares, 508 shares, 451 shares, 382 shares, and 276 shares through the vesting of performance share units.
- Concurrent with these acquisitions, Lyon disposed of shares to satisfy tax withholding obligations at a price of $30.19 per share.
- Following these transactions, Lyon directly owns 36,494.5425 shares of MillerKnoll common stock and 61,820 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related disposals.
Key Dates
| Date | Description |
|---|---|
| 07/13/2021 | Date of grant for Performance Share Units under the Company's 2020 LTIP. |
| 08/01/2024 | Date of the reported transactions: acquisition and disposal of common stock and restricted stock units. |
| 08/05/2024 | Date of signature for the Form 4 filing. |
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