{
  "id": 3995674,
  "title": "HNI Corp president & CEO Jeffrey Lorenger sells $2.36m in shares",
  "url": "https://urgent.news/2026/08/28/hni-corp-president-ceo-jeffrey-lorenger-sells-2-36m-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T17:01:27.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/hni-corp-president--ceo-jeffrey-lorenger-sells-236m-in-shares-93CH-4881680"
  },
  "original_language": "en",
  "account": "Jeffrey D. Lorenger, CEO of HNI Corp, sold a substantial amount of the company's stock in two transactions on August 26 and August 27, 2026, amounting to approximately $2.36 million. These sales were executed at prices ranging from $50.0496 to $50.0901 per share. The current trading price of HNI stock is $49.35, which has seen a 21% increase year-to-date. HNI is reportedly undervalued, boasting a 56-year streak of dividend payments. Lorenger's actions were part of a pre-approved trading plan, Rule 10b5-1, adopted on February 27, 2026. Post-transaction, he holds 148,490 shares directly and indirectly holds 321,575.655 shares through various plans. On August 26, he sold 4,671 and 2,837 shares at prices $50.0496 and $50.0831, respectively. On August 27, he sold 27,131 and 12,445 shares at prices $50.0901 and $50.0878, respectively, with transaction prices ranging from $50.00 to $50.330. HNI reported a strong Q2 earnings performance, beating analyst estimates for EPS with $1.27 per share and revenue at $1.47 billion, slightly below the $1.50 billion forecast. This success is attributed to contributions from Steelcase and effective cost-saving measures.",
  "summary": null,
  "key_points": [
    "HNI Corp CEO Jeffrey Lorenger sold $2.36m in shares on August 26-27, 2026.",
    "Lorenger's sales executed at $50.0496 to $50.0901 per share, within pre-approved trading plan.",
    "Despite sales, HNI reported strong Q2 earnings, beating EPS and revenue estimates."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}