Lorenger Jeffrey D

Lorenger Jeffrey D, President & CEO, has demonstrated a pronounced selling bias in his insider trading activity, as evidenced by SEC Form 4 filings. Over 26 transactions spanning two companies, HNI Corporation (HNI) and Thor Industries (THO), Lorenger’s total sell value amounts to $8,432,282.35, dwarfing his total buy value of $4,662. The majority of his activity has been concentrated in HNI, with significant sales occurring in February 2024 and February 2025. For instance, on February 16, 2024, Lorenger executed multiple sales totaling over $2.4 million, followed by a $511,045.08 sale on February 22, 2024. Similar patterns emerged in 2025, with sales exceeding $1.1 million across mid-February transactions. His most recent sale, on February 25, 2026, amounted to $2,443,773.46, reinforcing his consistent divestment strategy. Lorenger’s buying activity has been minimal, with only one recorded purchase of $4,662 in July 2025, classified under code "M" (exercise of derivative security). Notably, his transactions involving Thor Industries (THO) have been limited to acquisitions (code "A") with no reported monetary value, suggesting non-cash transactions such as grants or awards. The absence of recent buys and the continuation of substantial sales indicate a clear trend toward reducing his holdings in HNI. This pattern aligns with his role as CEO, where such transactions may reflect portfolio management rather than speculative intent. Overall, Lorenger’s trading activity underscores a deliberate and sustained focus on divesting HNI shares over the past several years.