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Larry Porcellato Biography and Net Worth

Director of HNI


Larry B. Porcellato serves as Lead Director of the Company. He has been a director of the Corporation since August 2004. He was elected Chairman in January 2019, and held that position through February 12, 2020, when he was appointed to serve as Lead Director of the Board. Mr. Porcellato previously served as Lead Director from May 2017 through December 2018. From 2009 to July 2014, Mr. Porcellato was the Chief Executive Officer of The Homax Group, Inc. (Homax), a leading specialty application consumer products supplier to the home care and repair markets. Previously, from February 2007 to December 2008, he was an independent business consultant and, from 2002 to January 2007, he was the Chief Executive Officer of ICI Paints North America (ICI Paints). Mr. Porcellato is a director of OMNOVA Solutions, Inc., an innovator of emulsion polymers, specialty chemicals and decorative and functional surfaces, and a former director of privately held PSAV Holding LLC, an international, full-service technology in-house audiovisual provider. Mr. Porcellato brings to the Board chief executive officer experience in the building products industry through his former leadership of Homax and his former role as Chief Executive Officer of ICI Paints and financial expertise derived primarily from his service on the audit committee of another public company and previous finance and division leadership roles at other public companies. He also brings to the Board international and marketing expertise derived primarily from his service in various international and marketing roles at Rubbermaid Incorporated and Braun Canada Inc. and corporate governance experience through his service on the compensation and governance committees of another public company. During 2019, Mr. Porcellato served as a member of the Audit Committee.

What is Larry B. Porcellato's net worth?

The estimated net worth of Larry B. Porcellato is at least $1.11 million as of August 12th, 2022. Mr. Porcellato owns 41,701 shares of HNI stock worth more than $1,105,494 as of September 30th. This net worth estimate does not reflect any other investments that Mr. Porcellato may own. Learn More about Larry B. Porcellato's net worth.

How do I contact Larry B. Porcellato?

The corporate mailing address for Mr. Porcellato and other HNI executives is 600 EAST SECOND STREET PO BOX 1109, MUSCATINE IA, 52761. HNI can also be reached via phone at (563) 272-7400 and via email at [email protected] Learn More on Larry B. Porcellato's contact information.

Has Larry B. Porcellato been buying or selling shares of HNI?

Over the course of the past ninety days, Larry B. Porcellato has sold $52,425.00 of HNI stock. Most recently, Larry B. Porcellato sold 1,500 shares of the business's stock in a transaction on Friday, August 12th. The shares were sold at an average price of $34.95, for a transaction totalling $52,425.00. Following the completion of the sale, the director now directly owns 41,701 shares of the company's stock, valued at $1,457,449.95. Learn More on Larry B. Porcellato's trading history.

Who are HNI's active insiders?

HNI's insider roster includes Steven Bradford (VP), Marshall Bridges (Sr. VP & CFO ), Miguel Calado (Director), Jeffrey Lorenger (Chairman), Larry Porcellato (Director), and Kurt Tjaden (SVP). Learn More on HNI's active insiders.

Are insiders buying or selling shares of HNI?

In the last twelve months, insiders at the business services provider sold shares 10 times. They sold a total of 73,602 shares worth more than $3,025,851.18. The most recent insider tranaction occured on August, 12th when Director Larry B Porcellato sold 1,500 shares worth more than $52,425.00. Insiders at HNI own 2.7 % of the company. Learn More about insider trades at HNI.

Information on this page was last updated on 8/12/2022.

Larry B. Porcellato Insider Trading History at HNI

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/12/2022Sell1,500$34.95$52,425.0041,701View SEC Filing Icon  
6/15/2022Sell1,500$36.10$54,150.0043,018View SEC Filing Icon  
4/6/2022Sell1,500$35.20$52,800.00View SEC Filing Icon  
2/10/2022Sell1,500$41.30$61,950.00View SEC Filing Icon  
12/1/2021Sell2,000$40.34$80,680.00View SEC Filing Icon  
9/1/2021Sell2,000$37.87$75,740.00View SEC Filing Icon  
12/3/2020Sell1,000$37.42$37,420.0047,756View SEC Filing Icon  
9/3/2020Sell1,000$32.70$32,700.00View SEC Filing Icon  
6/3/2020Sell1,000$26.34$26,340.00View SEC Filing Icon  
3/3/2020Sell1,000$33.34$33,340.00View SEC Filing Icon  
7/28/2016Sell5,000$52.72$263,600.0033,590View SEC Filing Icon  
See Full Table

Larry B. Porcellato Buying and Selling Activity at HNI

This chart shows Larry B Porcellato's buying and selling at HNI by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

HNI Company Overview

HNI logo
HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, office product distributors, e-commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names. This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.
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Today's Range

Now: $26.51
Low: $26.51
High: $27.43

50 Day Range

MA: $32.64
Low: $26.51
High: $36.38

2 Week Range

Now: $26.51
Low: $26.51
High: $44.50

Volume

255,987 shs

Average Volume

187,631 shs

Market Capitalization

$1.10 billion

P/E Ratio

15.87

Dividend Yield

4.72%

Beta

0.88