MillerKnoll (MLKN) director Claire Spofford acquires 5,509 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MillerKnoll director Claire Spofford reported acquiring common shares through a company plan. On February 15, 2026, she acquired 5,509 shares of MillerKnoll common stock at $21.78 per share, increasing her directly owned holdings to 5,509 shares.
The filing notes these directly owned shares include amounts acquired through participation in the Herman Miller Dividend Reinvestment Plan, which operates under an applicable exemption and automatically reinvests dividends into additional company stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Spofford Claire
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,509 | $21.78 | $120K |
Holdings After Transaction:
Common Stock — 5,509 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MillerKnoll (MLKN) disclose for Claire Spofford?
MillerKnoll disclosed that director Claire Spofford acquired 5,509 shares of common stock on February 15, 2026. The acquisition was reported as a grant, award, or other acquisition rather than an open-market purchase.
What transaction code was used in the MillerKnoll (MLKN) Form 4 for Claire Spofford?
The transaction used code A, described as a grant, award, or other acquisition. This indicates the shares were acquired through a non-market mechanism, consistent with plan-based or similar automatic acquisition arrangements rather than open-market buying.
Does the MillerKnoll (MLKN) filing mention a dividend reinvestment plan for Claire Spofford’s shares?
Yes. The footnote explains that Spofford’s directly owned common stock includes shares acquired through the Herman Miller Dividend Reinvestment Plan, which reinvests dividends into stock and satisfies the exemption provided by Rule 16b-2.
Is Claire Spofford a director or officer of MillerKnoll (MLKN) in this Form 4?
In this Form 4, Claire Spofford is identified as a director of MillerKnoll and not as an officer or 10% owner. The relationship section specifically checks the director box and leaves the officer and 10% owner boxes unchecked.