Welcome to our dedicated page for HNI SEC filings (Ticker: HNI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
HNI Corporation filings document the formal disclosures of a NYSE-listed manufacturer of workplace furnishings and residential building products. The record includes Form 8-K reports for operating results, financial condition, material events, and exhibits tied to quarterly and annual earnings releases.
HNI filings also cover the completed Steelcase acquisition, including merger-related material-event reports, acquired-business financial statements, and unaudited pro forma combined financial information. Proxy materials disclose annual meeting matters such as director elections, auditor ratification, and executive compensation votes. Other filings address capital-structure matters, common stock registration information, operational improvement costs, material impairments, governance, and shareholder voting matters.
HNI Corporation President & CEO Jeffrey D. Lorenger exercised 45,850.0000 stock options at $46.6200 per share on August 3, 2026, receiving an equal number of common shares, then sold 45,850.0000 shares at weighted-average prices of $47.4800 and $47.7800 pursuant to a Rule 10b5-1 plan adopted on February 27, 2026. On March 17, 2026, he contributed 96,007.0000 shares to a revocable trust for the benefit of himself and his family and reports indirect holdings of 313,061.4620 shares by that trust plus 7,674.1930 shares through a profit sharing retirement plan.
HNI Corporation delivered Q2 2026 results shaped by its December 2025 acquisition of Steelcase. Consolidated net sales reached $1,472.4 million, up 121% from Q2 2025, including $806.9 million from Steelcase. Gross margin improved to 44.0% from 42.9%, while net income attributable to HNI edged up to $51.1 million versus $48.2 million. Diluted EPS was $0.70 compared with $1.02 a year earlier, reflecting higher share count and acquisition-related costs.
For the first six months of 2026, net sales were $2,819.9 million, up 123%, but net income fell to $12.3 million from $62.2 million as operating margin declined to 2.0% from 7.3%. Results were pressured by $86.1 million of purchase accounting related to Steelcase (inventory step-up and intangible amortization), $35.9 million of restructuring and impairment charges, and sharply higher interest expense, partly offset by favorable tariff refunds that added 150 basis points to operating income and improved productivity.
As of July 4, 2026, HNI held $105.0 million of cash and cash equivalents and total debt of $1,375.2 million, including a $103.0 million draw on its $425 million revolving credit facility; the company remained in compliance with leverage and interest coverage covenants. Operating cash flow for the first half was a use of $32.0 million versus a $43.7 million source a year earlier amid higher working capital and acquisition-related payments. Workplace Furnishings net sales rose 162% year-to-date on Steelcase, though margins contracted, while Residential Building Products revenue was flat with modest margin expansion. HNI paid $0.69 per share in dividends in the first half and executed no share repurchases.
Vanguard Capital Management reports a significant passive ownership position in HNI Corp common stock. As of June 30, 2026, it beneficially owned 3,764,330 shares, representing 5.22% of the class. Vanguard has sole voting power over 547,027 shares and sole dispositive power over all 3,764,330 shares, with no shared voting or dispositive power.
The position is aggregated across Vanguard Capital Management LLC and specified affiliates and business divisions, including investment companies and other managed accounts for which these entities exercise voting and/or dispositive authority. No other single person’s interest in the reported securities exceeds 5% of the class.
HNI Corporation reported second quarter 2026 net sales of $1,472.4 million, up 121% from $667.1 million, driven primarily by the December 2025 Steelcase acquisition; organic net sales rose 0.1%. Net income was $51.1 million. GAAP diluted EPS was $0.70, down 31.4%, while non-GAAP diluted EPS was $1.27, up 14.4%.
Workplace Furnishings net sales increased to $1,323.7 million (157% growth; 0.6% organic), with GAAP operating margin contracting to 7.7% and non-GAAP margin to 10.7% due to Steelcase-related costs, purchase accounting, and restructuring. Residential Building Products net sales declined 1.6% to $148.7 million, but non-GAAP operating margin expanded to 20.4%.
The company highlights net tariff benefits, productivity gains, and ongoing cost actions. Management now expects 2026 non-GAAP EPS growth of 20–25% including net tariff impacts, and projects nearly $30 million in network optimization savings through 2028 plus at least $120 million of Steelcase-related synergies at full maturity, supported by improving order trends and reduced net debt.
HNI Corporation refinanced its term debt by entering into Amendment No. 3 to its Credit Agreement, creating a new $498.75 million tranche of term loans maturing in 2032. The proceeds were used to repay all outstanding Initial Tranche B Term Loans.
The new Replacement Term Loans amortize at 1.00% per year, with the first principal installment due on or about September 30, 2026. Interest margins under the amended facility are set at 1.75% for SOFR-based loans and 0.75% for Alternate Base Rate loans, reflecting the updated pricing on HNI’s long-term borrowing.
HNI Corporation updated its change in control protections for Executive Vice President and Chief Financial Officer Vincent P. Berger II and reported voting results from its 2026 annual shareholder meeting. A new Change in Control Employment Agreement, effective June 1, 2026, replaces a similar agreement that expires the same day and continues the existing “double trigger” structure, requiring both a change in control and a qualifying termination before severance benefits are paid, without any excise tax gross-up. At the annual meeting, shareholders elected directors John R. Hartnett, Larry B. Porcellato, and Dhanusha Sivajee to terms expiring at the 2029 meeting, with support ranging from about 54.9 million to 56.2 million votes. Shareholders also ratified KPMG LLP as independent auditor and approved, on an advisory basis, the Corporation’s named executive officer compensation. The meeting was held with 71,992,908 shares eligible to vote and 63,426,629 shares present or represented by proxy.
Williams Linda K reported acquisition or exercise transactions in this Form 4 filing.
HNI Corporation director Linda K. Williams received an equity award of 4,786 shares of Common Stock. The shares were granted under HNI Corporation's 2017 Equity Plan for Non-Employee Directors at no cash cost to her. Following this grant, she directly holds 19,563 shares of HNI common stock. This is a compensation-related stock grant, not an open-market purchase or sale.
Sivajee Dhanusha reported acquisition or exercise transactions in this Form 4 filing.
HNI Corporation director Dhanusha Sivajee received a stock grant of 4,786 shares of Common Stock as compensation. The award was granted at no cash cost to the director under HNI Corporation's 2017 Equity Plan for Non-Employee Directors. Following this grant, Sivajee directly holds 28,620 shares of HNI common stock, reflecting increased equity-based alignment with shareholders through the company’s director equity program.
HNI Corporation director David Martin Roberts reported stock-based compensation rather than open-market trading. On May 19, 2026, he acquired 427 shares of common stock at $29.25 per share, granted under HNI Corporation's 2017 Equity Plan for Non-Employee Directors. On the same date, he also acquired 4,786 common shares under the corporation's 2017 Plan for Non-Employee Directors in lieu of quarterly board retainer fees of $12,500. Both transactions are classified as grants or awards, not discretionary market purchases or sales.