---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-006800"
form_type: "8-K/A"
ticker: "HNI"
cik: "0000048287"
company_name: "HNI CORP"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:32:25.346203+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# HNI closes $1.92B acquisition of Steelcase; pro forma net sales $5.69B in FY2024

## Summary
- Total purchase consideration $1.92B; Steelcase shareholders got $7.20 cash + 0.2192 HNI shares per share.
- Pro forma combined net sales $5.69B (FY2024) and $4.41B (nine months ended Sep 27, 2025).
- Pro forma net income $75.5M (FY2024 diluted EPS $1.00) and $143.0M (nine-month diluted EPS $1.93).
- Recorded $497.7M goodwill and $590M fair value of identifiable intangible assets.
- HNI issued $935.9M in 5.125% Notes due 2029 to finance the deal; transaction costs $124.5M.

## SEC filing metadata
- accession: 0001140361-26-006800
- form_type: 8-K/A
- ticker: HNI
- cik: 0000048287
- company_name: HNI CORP
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/48287/000114036126006800/0001140361-26-006800-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/48287/000114036126006800/ef20066501_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-006800
- JSON: https://secwatch.observer/filing/0001140361-26-006800.json
- Plain text: https://secwatch.observer/filing/0001140361-26-006800.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.