The filing is a routine intent-to-sell by a retired insider; the shares were acquired via stock bonus grants, suggesting a planned diversification or liquidity event rather than a negative signal. Monitor subsequent Form 4 filings to confirm whether the sale was executed.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+5- T+0 · Nov 3 $48.31entry
- T+1 · 8d ago +1.72%α +0.07% · $49.14
- T+5 · yesterday +2.01%α +2.60% · $49.28
- T+6 · todayOpen
- T+20 · in 20d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
David C. Sylvester, retired CFO of HNI Corp, filed a Form 144 notice of intent to sell 26,451 shares of common stock with an approximate market value of $1.13 million based on a $42.72 reference price. The shares were acquired through stock bonus grants in February, June, and September 2026. The filing signals insider intent to sell, though the sale may not occur.
Key Facts
- David C. Sylvester, retired CFO, filed Form 144 to sell 26,451 shares
- Estimated aggregate market value of shares: $1,129,419 (based on $42.72/share reference price on 09/22/2026)
- Shares acquired through stock bonus grants on 02/27/2026 (2,315 shares), 06/10/2026 (9,834 shares), and 06/30/2026 (12,851 shares)
- Proposed sale date: 11/02/2026
- HNI Corp market cap: $3.5B; proposed sale represents ~0.03% of market cap
- Insider is a retired officer, not currently serving as CEO or CFO
Financial Impact
Proposed sale of 26,451 shares valued at approximately $1.13 million, representing about 0.03% of HNI's $3.5B market cap
Risk Factors
- Insider selling by a former CFO may raise minor governance concerns, but the retired status and small relative size limit material impact
- Form 144 is an intent notice; the sale may not be completed
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-069199 |
| Document: 0001628280-26-069199-index.html | 0001628280-26-069199 |
| Document: 0001628280-26-069199.txt | 0001628280-26-069199 |
Track record
15 reports on HNI
2 of 3 bullish or bearish reports moved the stock their way by T+5. Best: +14.64% at T+20 after the Jul 30, 2026 report. 2 of 3 went positive at some point.
Filters
- Nov 11, 2026today Press Release Neutral 2/10 Entry $49.09 Now $49.28 +0.39% settles Nov 19
- Nov 3, 20268d ago 144 Neutral 3/10 Viewing Entry $48.31 to $49.28 Now $49.28 +2.01% ▲ +2.01% +2.60% vs SPY
- Nov 3, 20268d ago 8-K Bullish 6/10 No price data
- Nov 3, 20268d ago Press Release Bullish 6/10 Entry $48.31 to $49.28 Now $49.28 +2.01% ▲ +2.01% +2.60% vs SPY
- Oct 15, 202627d ago Press Release Neutral 1/10 Entry $47.05 Now $49.28 +4.74% No price data
- Aug 25, 202611w ago Press Release Neutral 2/10 Entry $49.94 to $47.46 Now $49.28 −1.32% ▼ −4.97% −4.43% vs SPY
- Aug 17, 202612w ago Press Release Neutral 2/10 Entry $47.52 to $49.94 Now $49.28 +3.70% ▲ +5.09% +5.29% vs SPY
- Jul 30, 202614w ago 8-K Bullish 6/10 Entry $43.58 to $48.89 Now $49.28 +13.08% ▲ +12.18% +8.56% vs SPY
- Jun 10, 202622w ago 8-K Neutral 4/10 Entry $33.12 to $32.41 Now $49.28 +48.79% ▼ −2.14% −2.58% vs SPY
- May 22, 202624w ago Press Release Neutral 2/10 Entry $30.36 to $31.09 Now $49.28 +62.31% ▲ +2.40% +0.74% vs SPY
US Market Status
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