HNI (HNI) director Timothy Brown awarded 5,213 shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HNI Corporation director Timothy C. E. Brown reported routine share-based compensation. On May 19, 2026, he acquired 427 shares of Common Stock at $29.25 per share under HNI’s 2017 Equity Plan for Non-Employee Directors and 4,786 shares under the same 2017 plan in lieu of quarterly board retainer fees of $12,500.
These two awards total 5,213 shares of Common Stock as non-cash director compensation, rather than open-market purchases or sales, and reflect standard equity-based pay and fee settlement for a non-employee director.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brown Timothy C. E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,786 | $0.00 | -- |
| Grant/Award | Common Stock | 427 | $29.25 | $12K |
Holdings After Transaction:
Common Stock — 6,273 shares (Direct, null)
Footnotes (1)
- These shares were granted to the reporting person under HNI Corporation's 2017 Equity Plan for Non-Employee Directors. These shares were acquired under the Corporation's 2017 Plan for Non-Employee Directors in lieu of quarterly board retainer fees of $12,500.
Key Figures
Equity plan grant: 427 shares at $29.25/share
Fee-in-lieu shares: 4,786 shares at $0.00/share
Total shares acquired: 5,213 shares
+3 more
6 metrics
Equity plan grant
427 shares at $29.25/share
Granted under 2017 Equity Plan for Non-Employee Directors on May 19, 2026
Fee-in-lieu shares
4,786 shares at $0.00/share
Issued under 2017 plan in lieu of $12,500 quarterly board retainer
Total shares acquired
5,213 shares
Combined grants reported in this Form 4
Retainer value
$12,500
Quarterly board retainer paid in stock under 2017 plan
Holdings after grant (entry 1)
6,700 shares
Total Common Stock following the 427-share grant
Holdings after grant (entry 2)
6,273 shares
Total Common Stock following the 4,786-share award
Key Terms
2017 Equity Plan for Non-Employee Directors, 2017 Plan for Non-Employee Directors, Common Stock, quarterly board retainer fees
4 terms
2017 Equity Plan for Non-Employee Directors financial
"These shares were granted to the reporting person under HNI Corporation's 2017 Equity Plan for Non-Employee Directors."
2017 Plan for Non-Employee Directors financial
"These shares were acquired under the Corporation's 2017 Plan for Non-Employee Directors in lieu of quarterly board retainer fees of $12,500."
Common Stock financial
"security_title: Common Stock for both acquisition transactions."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
quarterly board retainer fees financial
"in lieu of quarterly board retainer fees of $12,500."
FAQ
What did HNI (HNI) director Timothy C. E. Brown report in this Form 4?
He reported acquiring Common Stock as part of director compensation. One grant came under HNI’s 2017 Equity Plan for Non-Employee Directors and another in shares instead of a cash retainer, reflecting routine non-cash compensation rather than open-market trading.
What is HNI’s 2017 Equity Plan for Non-Employee Directors mentioned in the Form 4?
It is a compensation plan that grants HNI Common Stock to non-employee directors. In this filing, 427 shares were granted under the plan, and additional shares were issued under a related 2017 plan in lieu of quarterly board retainer fees.