HERMAN MILLER, INC. (NASDAQ:MLHR) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure
On July 26, 2017, Brian C. Walker, President and Chief Executive Officer of Herman Miller, Inc. (the “Company”), advised the Company that he has established a pre-arranged stock trading plan (the “Plan”) to sell up to 98,050 shares of the Company’s common stock. The Plan is scheduled to terminate October 28, 2017.
Transactions under the Plan will be publicly disclosed in appropriate filings with the Securities and Exchange Commission. The Plan was adopted in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
Rule 10b5-1 permits an individual who is not in possession of material, non-public Information at the time the plan is adopted to establish a plan to buy or sell company stock over a designated period of time. Using these plans, individuals can prudently manage and diversify their investment portfolio.
About HERMAN MILLER, INC. (NASDAQ:MLHR)
Herman Miller, Inc. is engaged in the research, design, manufacture, sale and distribution of office furniture systems, seating products, home furnishings and related services, among others. The Company’s segments include North American Furniture Solutions, which includes the design, manufacture and sale of furniture products for work-related settings, including office, education and healthcare environments, across the United States and Canada; EMEA, Latin America, and Asia Pacific (ELA) Furniture Solutions, which includes the operations associated with the design, manufacture, and sale of furniture products, primarily for work-related settings, in the Europe, Middle East and Africa (EMEA), Latin America and Asia-Pacific geographic regions, among others; Specialty segment, which includes the design, manufacture and sale of furniture products and textiles, and Consumer segment, which includes the sale of modern design furnishings and accessories to third-party retail distributors.