State Farm discloses 9.43% passive stake in HNI on Schedule 13G/A

Rhea-AI Filing Summary

HNI Corporation: State Farm-affiliated entities filed an amended Schedule 13G reporting passive ownership. They report beneficial ownership of 4,320,023 shares of HNI common stock, representing 9.43% of the class as of the event date 09/30/2025.

The filing lists 2,924,923 shares with sole voting and dispositive power and 1,395,100 shares with shared voting and dispositive power. Reported holdings by entity include State Farm Mutual Automobile Insurance Company 1,761,600 shares (3.85%), State Farm Fire and Casualty Company 492,000 (1.07%), State Farm Investment Management Corporation with 1,395,100 (3.05%) shared power, and the State Farm Insurance Companies Employee Retirement Trust 671,323 (1.47%).

The certification states the securities were acquired and are held in the ordinary course and not for the purpose or effect of changing or influencing control. The filing also includes customary disclaimers regarding “beneficial ownership” and group status.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 47)

HNI Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

404251100

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 404251100

1

Names of Reporting Persons

State Farm Mutual Automobile Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,761,600.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,761,600.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,761,600.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.85 %

12

Type of Reporting Person (See Instructions)

IC

SCHEDULE 13G

CUSIP No. 404251100

1

Names of Reporting Persons

State Farm Fire and Casualty Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 492,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 492,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

492,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.07 %

12

Type of Reporting Person (See Instructions)

IC

SCHEDULE 13G

CUSIP No. 404251100

1

Names of Reporting Persons

State Farm Investment Management Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,395,100.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,395,100.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,395,100.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.05 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 404251100

1

Names of Reporting Persons

State Farm Insurance Companies Employee Retirement Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 671,323.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 671,323.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

671,323.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.47 %

12

Type of Reporting Person (See Instructions)

EP

SCHEDULE 13G

Item 1.
(a)	Name of issuer: HNI Corporation
(b)	Address of issuer's principal executive offices: 600 East Second Street, P.O. Box 1109, Muscatine, Iowa 52761-0071
Item 2.
(a)	Name of person filing: State Farm Mutual Automobile Insurance Company
(b)	Address or principal business office or, if none, residence: One State Farm Plaza, Bloomington, Illinois 61710
(c)	Citizenship: Illinois
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 404251100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,320,023
(b)	Percent of class: 9.43%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,924,923
	(ii) Shared power to vote or to direct the vote: 1,395,100
	(iii) Sole power to dispose or to direct the disposition of: 2,924,923
	(iv) Shared power to dispose or to direct the disposition of: 1,395,100
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. State Farm Mutual Automobile Insurance Company (IC) State Farm Fire and Casualty Company (IC) State Farm Investment Management Company (IA) State Farm Insurance Companies Employee Retirement Trust (EP) Pursuant to Rule 13d-4 each person listed in the table above expressly disclaims "beneficial ownership" as to all shares as to which such person has no right to receive the proceeds of sale of the security and disclaims that it is part of "group". The following lists the entities affiliated with State Farm Mutual Automobile Insurance Company ("State Farm Mutual") which might be deemed to constitute a "group" with regard to the ownership of shares reported herein. State Farm Mutual, an Illinois-domiciled insurance company, is the parent company of multiple wholly-owned insurance company subsidiaries, including State Farm Life Insurance Company, State Farm Life and Accident Assurance Company, and State Farm Fire and Casualty Company. State Farm Mutual is also the indirect parent company of State Farm Investment Management Corp. ("SFIMC"), which is a wholly-owned subsidiary of State Farm Life Insurance Company. SFIMC is a registered investment advisor under the Investment Advisors Act of 1940 and serves as investment advisor to Advisers Investment Trust, a Delaware Statutory Trust that is a registered investment company under the Investment Company Act of 1940. State Farm Mutual also sponsors a qualified retirement plan for the benefit of its employees, which plan is named the State Farm Insurance Companies Employee Retirement Trust. As part of its corporate structure, State Farm Mutual has established a Finance and Investment Committee of its Board of Directors and each of the other insurance companies included in this report has established an Investment Committee of its respective Board of Directors. Each of the foregoing board committees oversees the investment and management of such company's assets. The Pension Investment Committee of the State Farm Insurance Companies Employee Retirement Trust performs a similar role in overseeing the investment and management of the trust's assets.
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

State Farm Mutual Automobile Insurance Company

Signature:	/s/ Joseph P. Young
Name/Title:	Vice President
Date:	10/15/2025

State Farm Fire and Casualty Company

Signature:	/s/ Joseph P. Young
Name/Title:	Vice President
Date:	10/15/2025

State Farm Investment Management Corporation

Signature:	/s/ Joseph P. Young
Name/Title:	Vice President
Date:	10/15/2025

State Farm Insurance Companies Employee Retirement Trust

Signature:	/s/ Joseph P. Young
Name/Title:	Vice President
Date:	10/15/2025

FAQ

What stake in HNI (HNI) do State Farm entities report on Schedule 13G/A?

They report 4,320,023 shares, representing 9.43% of HNI common stock as of 09/30/2025.

How is voting power over HNI shares allocated in the filing?

Sole voting and dispositive power over 2,924,923 shares; shared voting and dispositive power over 1,395,100 shares.

Which State Farm entities are included and what are their reported holdings?

State Farm Mutual 1,761,600 (3.85%); State Farm Fire and Casualty 492,000 (1.07%); SFIMC shared 1,395,100 (3.05%); Employee Retirement Trust 671,323 (1.47%).

Is the HNI stake filed as passive or active?

The certification states the holdings were acquired and are held in the ordinary course and not to change or influence control.

What is the event date tied to the HNI ownership figures?

The date of event is 09/30/2025.

Do the State Farm entities claim group status in relation to HNI shares?

They expressly disclaim being part of a “group” and disclaim “beneficial ownership” where they lack rights to sale proceeds.