FMR LLC discloses 4.8% HNI (NYSE: HNI) ownership stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 3,413,755.90 shares of HNI CORP common stock, representing 4.8% of the outstanding class as of December 31, 2025.
Abigail P. Johnson is also reported as a beneficial owner with sole dispositive power over the same 3,413,755.90 shares and no voting power. The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of HNI CORP.
Positive
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Negative
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FAQ
How much of HNI (HNI) does FMR LLC beneficially own?
FMR LLC beneficially owns 3,413,755.90 shares of HNI CORP common stock, representing 4.8% of the outstanding class as of December 31, 2025. This ownership is reported on an amended Schedule 13G as passive, ordinary-course investment holding.
Is FMR LLC seeking to influence control of HNI CORP (HNI)?
No. The certification states the HNI CORP securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control, nor in connection with any transaction having that control-related purpose or effect.
Why does the HNI (HNI) Schedule 13G/A mention ownership of 5 percent or less?
The ownership section notes "Ownership of 5 percent or less of a class", consistent with the reported 4.8% stake. This language signals that FMR LLC’s and Abigail P. Johnson’s beneficial ownership is below the 5% threshold that often triggers different disclosure obligations.
Who signed the HNI CORP (HNI) Schedule 13G/A on behalf of FMR LLC and Abigail Johnson?
Both signatures were executed by Stephanie J. Brown, acting under powers of attorney. She signed as duly authorized for FMR LLC under a power effective January 3, 2023, and for Abigail P. Johnson under a power effective January 26, 2023.