Form 4: MillerKnoll Executive Reports Stock Transactions
SEC Form 4
Jacqueline Hourigan Rice, General Counsel & Corporate Secretary of MillerKnoll, reports transactions involving common stock and restricted stock units.
Summary
- On August 1, 2024, Jacqueline Hourigan Rice, General Counsel & Corporate Secretary of MillerKnoll, engaged in multiple transactions involving the company's common stock.
- These transactions included the acquisition of shares through the vesting of restricted stock units (RSUs) and performance share units, as well as the disposition of shares to cover tax obligations.
- The reported transactions resulted in a net increase in Ms. Rice's directly owned common stock holdings to 24,582.3911 shares.
- Ms. Rice also holds 54,647 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. These transactions are subject to regulatory scrutiny to prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions have no direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/13/2021 | Performance Share Units granted under the Company's 2020 LTIP. |
| 08/01/2024 | Date of earliest transaction reported. |
| 08/05/2024 | Date of signature on the Form 4. |
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