Brian Scott Smith - 18 Feb 2025 Form 4 Insider Report for HNI CORP (HNI)

Signature
/s/ Steven M. Bradford as attorney-in-fact for Brian S. Smith
Issuer symbol
HNI
Transactions as of
18 Feb 2025
Net transactions value
-$87,207
Form type
4
Filing time
20 Feb 2025, 16:35:25 UTC
Previous filing
19 Feb 2025
Next filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNI Common Stock Sale $27,744 -556 -3.7% $49.90 14,394 18 Feb 2025 Direct F1, F2
transaction HNI Common Stock Sale $59,462 -1,223 -8.5% $48.62 13,171 19 Feb 2025 Direct F1, F2
holding HNI Common Stock 1,499 18 Feb 2025 Profit-Sharing Retirement Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan adopted on May 4, 2024.
F2 The dollar amount in column 4 is a result of multiple lots for the same price that have been combined.