Jason Dean Hagedorn - 13 Jun 2025 Form 4 Insider Report for HNI CORP (HNI)

Signature
/s/ Steven M. Bradford by Power of Attorney
Issuer symbol
HNI
Transactions as of
13 Jun 2025
Net transactions value
-$11,120
Form type
4
Filing time
17 Jun 2025, 13:45:26 UTC
Previous filing
24 Feb 2025
Next filing
18 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hagedorn Jason Dean President, Allsteel LLC 600 EAST SECOND STREET, MUSCATINE /s/ Steven M. Bradford by Power of Attorney 17 Jun 2025 0001835778

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNI Common Stock Options Exercise $46,123 +1,440 +3.9% $32.03 38,151 13 Jun 2025 Direct F1
transaction HNI Common Stock Sale $67,781 -1,440 -3.8% $47.07 36,711 13 Jun 2025 Direct F2, F3
transaction HNI Common Stock Options Exercise $10,538 +329 +0.9% $32.03 37,040 16 Jun 2025 Direct F4
holding HNI Common Stock 1,178 13 Jun 2025 Profit-Sharing Retirement Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HNI Non-qualifying employee stock options (right to buy) Options Exercise $0 -1,440 -81% $0.000000 329 13 Jun 2025 Common Stock 1,440 $32.03 Direct
transaction HNI Non-qualifying employee stock options (right to buy) Options Exercise $0 -329 -100% $0.000000 0 16 Jun 2025 Common Stock 329 $32.03 Direct
* 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 total in column 5 includes 42.7969 shares acquired under HNI Corporation Member's Stock Purchase Plan.
F2 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025.
F3 The dollar amount in column 4 is a result of multiple lots for the same price that have been combined.
F4 This transaction is the second in a two step transaction initiated on June 13, 2025, where options were exercised and the shares received were sold to cover taxes and expenses.