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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 $1.74 million as of March 18th, 2024. Mr. Porcellato owns 40,718 shares of HNI stock worth more than $1,744,359 as of April 23rd. 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?: Larry B. Porcellato has not been actively trading shares of HNI within the last three months. Most recently, Larry B. Porcellato sold 2,000 shares of the business's stock in a transaction on Monday, March 18th. The shares were sold at an average price of $44.00, for a transaction totalling $88,000.00. Following the completion of the sale, the director now directly owns 40,718 shares of the company's stock, valued at $1,791,592. 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 95,006 shares worth more than $3,721,878.59. The most recent insider tranaction occured on March, 18th when Director Larry B Porcellato sold 2,000 shares worth more than $88,000.00. Insiders at HNI own 3.4% of the company. Learn More about insider trades at HNI.
Information on this page was last updated on 3/18/2024.

Larry B. Porcellato Insider Trading History at HNI

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/18/2024	Sell	2,000	$44.00	$88,000.00	40,718
12/8/2022	Sell	1,500	$28.24	$42,360.00	38,926
10/12/2022	Sell	1,500	$27.73	$41,595.00	40,426
8/12/2022	Sell	1,500	$34.95	$52,425.00	41,701
6/15/2022	Sell	1,500	$36.10	$54,150.00	43,018
4/6/2022	Sell	1,500	$35.20	$52,800.00
2/10/2022	Sell	1,500	$41.30	$61,950.00
12/1/2021	Sell	2,000	$40.34	$80,680.00
9/1/2021	Sell	2,000	$37.87	$75,740.00
12/3/2020	Sell	1,000	$37.42	$37,420.00	47,756
9/3/2020	Sell	1,000	$32.70	$32,700.00
6/3/2020	Sell	1,000	$26.34	$26,340.00
3/3/2020	Sell	1,000	$33.34	$33,340.00
7/28/2016	Sell	5,000	$52.72	$263,600.00	33,590

Larry B. Porcellato Buying and Selling Activity at HNI

HNI Company Overview

HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of workplace furnishings and residential building products primarily in the United States and Canada. 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, benching, tables, architectural products, and ancillary and hospitality products, as well as social collaborative items under the HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc., Interwoven, David Edward, Kimball Hospitality, and D'style brands. This segment sells its products through independent office products dealers, wholesalers, office product distributors, e-commerce focused resellers, and wholesalers, as well as directly to end-user customers and governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled prefabricated fireplaces; and inserts, hearth stoves, facings, outdoor fire pits and fire tables, and accessories. This segment sells its products primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, Stellar, SimpliFire, The Outdoor GreatRoom Company, and Forge & Flame brand names through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.

Today's Range

Now: $43.37

$42.74

$43.42

50 Day Range

MA: $43.32

$41.09

$45.14

2 Week Range

Now: $43.37

$24.81

$45.47

Volume

165,195 shs

Average Volume

256,429 shs

Market Capitalization

$2.05 billion

P/E Ratio

42.52

Dividend Yield

3.04%

Beta

0.86

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