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