[144] HNI Corporation SEC Filing

Rhea-AI Filing Summary

HNI Corp. (HNI) director Miguel Calado has filed Form 144 for the planned sale of 1,743 common shares via Fidelity Brokerage on 24 Jul 2025. The filing lists an aggregate market value of $92,379; with 46,552,671 shares outstanding, the transaction equates to roughly 0.004 % of float, implying negligible dilution or control impact.

The shares were earned as board-fee compensation on 5 May 2015. Calado also sold 2,000 shares for $100,000 on 27 Jun 2025, signaling continued personal portfolio rebalancing. The notice contains no operational or financial guidance and expressly states the filer possesses no undisclosed material adverse information.

Positive

• None.

Negative

• Director intends to sell 1,743 shares and has recently sold another 2,000 shares, indicating ongoing insider selling activity.

Insights

Financial Analyst

TL;DR: Small insider sale (~$92k, 0.004% float) is immaterial; no new data on operations or outlook.

The filing flags a modest divestiture by director Miguel Calado. At $92k, the transaction is well below thresholds that typically move HNI’s $2.5-3 bn market cap. Insider sales can hint at sentiment, but the scale and context—shares earned a decade ago—look routine. Combined with a prior 2,000-share sale, total recent disposals remain under $200k. There is no accompanying negative disclosure, so valuation or outlook models remain unchanged.

Corporate Governance Expert

TL;DR: Governance impact negligible; sale follows disclosure rules and maintains transparency.

Calado’s Form 144 adheres to SEC Rule 144 timing and size limits. The director affirms no undisclosed MNPI, and use of Fidelity suggests an arms-length transaction. Because ownership changes are <0.5% and properly noticed, board independence and shareholder alignment appear intact. I view governance risk as unchanged.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1743	92379.00	46552671	07/24/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/05/2015	Board Fees	Issuer			1743	05/05/2015	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Miguel Calado 600 East Second Street P.O. Box 1109 Muscatine IA 52761-0071	Common	06/27/2025	2000	100000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many HNI (HNI) shares are covered by this Form 144?

The notice covers 1,743 common shares.

What is the estimated market value of the shares to be sold?

The aggregate market value is listed at $92,379.

When is the planned sale date for the HNI shares?

The approximate sale date disclosed is 24 July 2025.

What percentage of HNI’s outstanding shares does this sale represent?

It represents roughly 0.004 % of the 46.55 million shares outstanding.

Were there recent insider sales by the same individual?

Yes. On 27 June 2025 the same filer sold 2,000 shares for $100,000.