0000315032-24-000008.txt : 20240212
0000315032-24-000008.hdr.sgml : 20240212
20240212152720
ACCESSION NUMBER: 0000315032-24-000008
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20240212
DATE AS OF CHANGE: 20240212
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: HNI CORP
CENTRAL INDEX KEY: 0000048287
STANDARD INDUSTRIAL CLASSIFICATION: OFFICE FURNITURE (NO WOOD) [2522]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 420617510
STATE OF INCORPORATION: IA
FISCAL YEAR END: 1230
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-15920
FILM NUMBER: 24619512
BUSINESS ADDRESS:
STREET 1: 600 EAST SECOND STREET - PO BOX 1109
CITY: MUSCATINE
STATE: IA
ZIP: 52761-7109
BUSINESS PHONE: 5632727400
MAIL ADDRESS:
STREET 1: 600 EAST SECOND STREET
STREET 2: P O BOX 1109
CITY: MUSCATINE
STATE: IA
ZIP: 52761
FORMER COMPANY:
FORMER CONFORMED NAME: HON INDUSTRIES INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: HOME O NIZE CO
DATE OF NAME CHANGE: 19681001
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: STATE FARM MUTUAL AUTOMOBILE INSURANCE CO
CENTRAL INDEX KEY: 0000315032
STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000]
ORGANIZATION NAME:
IRS NUMBER: 370533100
STATE OF INCORPORATION: IL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: ONE STATE FARM PLAZA
CITY: BLOOMINGTON
STATE: IL
ZIP: 61710
BUSINESS PHONE: 309-766-8411
MAIL ADDRESS:
STREET 1: ONE STATE FARM PLAZA
CITY: BLOOMINGTON
STATE: IL
ZIP: 61710
SC 13G/A
1
statefarm_hni.txt
Schedule 13G Page 1 of 9 Pages
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Under the Securities Exchange Act of 1934
(Amendment No. 46 )
HNI CORP
(Name of Issuer)
Common Stock
(Title of Class of Securities)
404251100
(CUSIP NUMBER)
December 31, 2023
(Date of Event which Requires Filing of Statement)
Check the appropriate box to designate the Rule pursuant to which this
Schedule is filed:
[x] Rule 13d - 1(b)
Rule 13d - 1(c)
Rule 13d - 1(d)
Schedule 13G Page 2 of 9 Pages
CUSIP No. 404251100
1. Name of Reporting Person and I.R.S. Identification No.
State Farm Mutual Automobile Insurance Company
37-0533100
2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) __X__
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
6. Shared Voting Power 0
7. Sole Dispositive Power 1,761,600
8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,761,600
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
NOT APPLICABLE
11. Percent of Class Represented by Amount in Row 9
3.78 %
12. Type of Reporting Person
IC
Schedule 13G Page 3 of 9 Pages
CUSIP No. 404251100
1. Name of Reporting Person and I.R.S. Identification No.
State Farm Fire and Casualty Company
37-0533080
2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) __X__
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
6. Shared Voting Power 0
7. Sole Dispositive Power 492,000
8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
492,000
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
NOT APPLICABLE
11. Percent of Class Represented by Amount in Row 9
1.06 %
12. Type of Reporting Person
IC
Schedule 13G Page 4 of 9 Pages
CUSIP No. 404251100
1. Name of Reporting Person and I.R.S. Identification No.
State Farm Investment Management Corp.
2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) __X__
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
6. Shared Voting Power 1,599,200
7. Sole Dispositive Power 0
8. Shared Dispositive Power 1,599,200
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,599,200
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
NOT APPLICABLE
11. Percent of Class Represented by Amount in Row 9
3.43 %
12. Type of Reporting Person
IA
Schedule 13G Page 5 of 9 Pages
CUSIP No. 404251100
1. Name of Reporting Person and I.R.S. Identification No.
State Farm Insurance Companies Employee Retirement Trust
36-6042145
2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) __X__
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 1,005,655
6. Shared Voting Power 0
7. Sole Dispositive Power 1,005,655
8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,005,655
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
NOT APPLICABLE
11. Percent of Class Represented by Amount in Row 9
2.16 %
12. Type of Reporting Person
EP
Schedule 13G Page 6 of 9 Pages
Item 1(a) Name of Issuer:
HNI CORP
Item 1(b) Address of Issuer's Principal Executive Offices:
600 EAST SECOND STREET
P.O. BOX 1109
MUSCATINE, IA 52761-0071
Item 2(a) Name of Person(s) Filing:
State Farm Mutual Automobile Insurance
Item 2(b) Address of Principal Business Office:
One State Farm Plaza
Bloomington, IL 61710
Item 2(c) Citizenship or Place of Organization:
Illinois
Item 2(d) Title of Class of Securities: COMMON STOCK
Item 2(e) Cusip Number:404251100
Item 3: This schedule is being filed in accordance with 240.13d-1(b).
See Exhibit A attached.
Item 4(a). Amount Beneficially Owned: 4,858,455 shares
Item 4(b). Percent of Class: 10.43 % pursuant to Rule 13d-3(d)(1).
Item 4(c). Number of shares as to which the person has:
(i) Sole Power to vote or to direct the vote: 3,259,255
(ii) Shared power to vote or to direct the vote: 1,599,200
(iii) Sole Power to dispose or to direct disposition of: 3,259,255
(iv) Shared Power to dispose or to direct disposition of: 1,599,200
Item 5: Ownership of Five Percent or Less of a Class
NOT APPLICABLE
Item 6: Ownership of More than Five 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.
NOT APPLICABLE
Item 8: Identification and Classification of Members of the Group
See Exhibit A attached.
Item 9: Notice of Dissolution of Group
NOT APPLICABLE
Schedule 13G Page 7 of 9 Pages
Item 10: Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired 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.
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.
Dated: February 7, 2024
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
STATE FARM LIFE INSURANCE COMPANY
STATE FARM LIFE AND ACCIDENT ASSURANCE COMPANY
STATE FARM FIRE AND CASUALTY COMPANY
STATE FARM INVESTMENT MANAGEMENT CORP.
STATE FARM INSURANCE COMPANIES EMPLOYEE RETIREMENT TRUST
/s/ Joseph P. Young /s/ Joseph P. Young
_____________________________ _______________________________
Joseph P. Young, Fiduciary of Joseph P. Young, Vice President
each of the above of each of the above
Schedule 13G Page 8 of 9 Pages
EXHIBIT A
This Exhibit 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. ("SFMIC"),
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.
Pursuant to Rule 13d-4 each person listed in the table below 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".
Schedule 13G Page 9 of 9 Pages
Number of
Shares based
Classification on Proceeds
Name Under Item 3 of Sale
____ ______________ ____________
State Farm Mutual Automobile Insurance Company IC 1,761,600 shares
State Farm Life Insurance Company IC 0 shares
State Farm Life and Accident Assurance Company IC 0 shares
State Farm Fire and Casualty Company IC 492,000 shares
State Farm Investment Management Corp. IA 1,599,200 shares
State Farm Insurance Companies Employee
Retirement Trust EP 1,005,655 shares
------------------
4,858,455 shares