David Sylvester, retired CFO of HNI Corporation, filed a Form 144 notice on November 2, 2026, disclosing a proposed sale of 26,451 shares of HNI common stock on the New York Stock Exchange, with an aggregate market value of $1,129,419.

Key Highlights

  • Seller: David Sylvester, identified in the filing as retired CFO of HNI (NYSE:HNI).
  • Proposed sale: 26,451 shares of HNI common stock, with an aggregate market value of $1,129,419, with an approximate sale date of September 22, 2026.
  • Shares outstanding: 72,181,800 shares of HNI common stock were listed as outstanding at the time of filing.
  • Source of shares: The shares were acquired in three stock bonus transactions from the issuer, dated February 27, 2026 (2,315 shares), June 10, 2026 (9,834 shares), and June 30, 2026 (12,851 shares).
  • Rule 10b5-1 plan: The filing indicates a trading plan or instruction adoption date of August 11, 2026.
  • Prior sales: Sylvester sold 559 shares on September 11, 2026, for gross proceeds of $26,476.95, and 24,441 shares on September 22, 2026, for gross proceeds of $1,170,050.36, in the three months preceding this notice.

HNI Retired CFO Proposes Sale of Stock Bonus Shares Under Rule 144

According to the Form 144 filing, David Sylvester, the retired chief financial officer of HNI, proposed to sell 26,451 shares of the company's common stock through broker Scott Bernecker, located at 250 Monroe Ave, Suite 600, Grand Rapids, Michigan 49503. The filing lists an approximate sale date of September 22, 2026, and identifies the exchange as NYSE. The aggregate market value of the proposed sale is reported as $1,129,419.

The filing discloses that the shares proposed for sale were received through three separate stock bonus transactions directly from HNI as issuer. Specifically, 2,315 shares were acquired on February 27, 2026, 9,834 shares on June 10, 2026, and 12,851 shares on June 30, 2026, each with payment made in cash on the respective acquisition dates. The filing notes the date of notice as November 2, 2026, and indicates that the plan or trading instruction was adopted on August 11, 2026, pursuant to Rule 10b5-1 under the Exchange Act.

In the three months prior to this notice, the filing reports that Sylvester sold 559 shares of HNI common stock on September 11, 2026, generating gross proceeds of $26,476.95, and 24,441 shares on September 22, 2026, generating gross proceeds of $1,170,050.36. The total shares of HNI common stock outstanding at the time of filing are listed as 72,181,800.

What Was Disclosed

David Sylvester, retired CFO of HNI, filed a Form 144 notice proposing to sell 26,451 shares of HNI common stock valued at $1,129,419, acquired via stock bonuses from the issuer, under a Rule 10b5-1 plan adopted August 11, 2026.