Brian S. Smith - 21 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
21 Feb 2025
Transactions value $
-$47,153
Form type
4
Filing time
25 Feb 2025, 15:58:19 UTC
Previous filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNI Common Stock Sale -$47.2K -944 -6.69% $49.95 13.2K 21 Feb 2025 Direct F1
holding HNI Common Stock 1.5K 21 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- plan adopted on May 4, 2024.