重大事件
即時報告
8-K
2026-05-21
HNI Corporation（HNI）於2026年5月18日提交8-K申報，披露兩項重大事項：與財務總監簽訂新控制權變更協議，以及2026年股東年會投票結果。
AI 繁中摘要
HNI Corporation（HNI）於2026年5月18日提交8-K申報，披露兩項重大事項：與財務總監簽訂新控制權變更協議，以及2026年股東年會投票結果。
📄 **控制權變更協議（Item 5.02）**
董事會於5月18日批准與執行副總裁兼財務總監 Vincent P. Berger II 簽訂新的控制權變更僱傭協議（CIC Agreement），2026年6月1日起生效，取代原有於同日到期的舊協議。新條款與舊版大致相同，旨在保障管理層在控制權變更威脅下的客觀判斷，維護股東利益。
主要條款：
- **雙重觸發機制**：須同時發生控制權變更及Berger被解僱（公司無故或Berger有「正當理由」辭職），方可領取遣散福利。
- **遣散福利**：一筆過支付相等於兩倍（年薪+過去兩年平均年度獎金）；另付截至解僱日的薪資及等同過去兩年平均獎金的年度獎金；延續醫療牙科福利最多18個月、團體人壽保險最多兩年；另額外支付6個月醫療牙科保費及兩年殘疾福利計劃費用。
- **限制條款**：Berger須遵守保密及不競爭條款，為期一年。
- **控制權變更定義**：第三方持有20%或以上股份、超過三分之一董事未經現任董事會推薦、特定業務合併、股東批准清算解散等。
- **無稅務補償**：協議不設「粗整」（gross-up）條款，即Berger須自行承擔超額降落傘付款的消費稅。
- **合約期限**：十年，董事會可於非控制權變更期間終止協議。
📊 **股東年會投票結果（Item 5.07）**
年會於2026年5月20日舉行，共有71,992,908股合資格投票，出席63,426,629股。
- **董事選舉**：三位候選人John R. Hartnett、Larry B. Porcellato、Dhanusha Sivajee均獲通過，任期至2029年年會。贊成票分別約5,590萬、5,491萬、5,617萬，反對票各約170萬、269萬、142萬。
- **核數師任命**：批准KPMG LLP為2026財政年度獨立註冊會計師事務所，贊成約6,301萬票，反對約37萬票。
- **高管薪酬諮詢投票**：以約5,611萬票贊成、145萬票反對通過。
💡 **對投資者的潛在意義**
控制權變更協議有助挽留關鍵管理層，減少潛在收購期間的管理層動盪，但同時可能增加收購成本（因觸發遣散福利）。年會投票結果顯示股東普遍支持現有董事會及高管薪酬安排，反映公司治理穩定。
展開英文正文
false000004828700000482872026-05-182026-05-18 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 18, 2026 HNI Corporation (Exact name of registrant as specified in its charter) Iowa 1-14225 42-0617510 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 600 East Second Street P. O. Box 1109 Muscatine, Iowa 52761-0071 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (563) 272-7400 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock HNI New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (e) On May 18, 2026, the Board approved the Corporation’s entry into a Change in Control Employment Agreement, to be dated and effective as of June 1, 2026, with Vincent P. (VP) Berger II, who serves as Executive Vice President and Chief Financial Officer of the Corporation (the “CIC Agreement”). The CIC Agreement will replace the existing Change in Control Employment Agreement, dated as of June 1, 2016, between the Corporation and Mr. Berger (the “Prior CIC Agreement”), which will terminate in accordance with its terms on the tenth anniversary thereof on June 1, 2026. The terms of the CIC Agreement are substantially identical to the terms of the Prior CIC Agreement, which is the form of Change in Control Employment Agreement which the Corporation has entered into with selected senior executives. The CIC Agreement is intended to assure continuity of executive management during a threatened change in control of the Company (“CIC”) and to ensure that executive management can objectively evaluate any CIC proposal and act in the best interests of the Corporation’s shareholders. Under the CIC Agreement, Mr. Berger is eligible for severance benefits in the event there is a “double trigger,” which includes both a CIC and termination of employment if termination was by Mr. Berger for “good reason” or by the Corporation for any reason other than “cause” or disability. The termination must occur (i) during the two years following a CIC or (ii) prior to the CIC where Mr. Berger’s termination is directly related to the CIC. The benefits payable to Mr. Berger under the CIC Agreement in such an event consist of the following: • a lump-sum severance payment equal to two times the sum of (i) the Mr. Berger’s annual base salary and (ii) the average of his annual incentive compensation awards for the prior two years; • annual salary through the date of termination and a bonus equal to the average of Mr. Berger’s annual incentive compensation awards for the prior two years; • continuation of certain medical and dental benefits for up to 18 months and group life insurance benefits for up to two years; and • a lump-sum payment for the cost of health and dental coverage for an additional six months and a lump-sum payment for two years of continued participation in disability benefit plans. In exchange for the CIC severance benefits, Mr. Berger would be subject to confidentiality and non-competition provisions for one year from the date of termination. The Corporation will provide disability and certain other benefits after the date of termination if Mr. Berger is terminated by reason of disability. The CIC Agreement defines a CIC as having occurred: • when a third person or entity becomes the beneficial owner of 20% or more of the Corporation’s outstanding common stock, subject to certain exceptions; • when more than one-third of the Board is composed of persons not recommended by at least three-fourths of the incumbent Board; • upon the occurrence of certain business combinations involving the Corporation; or • upon approval by shareholders of a complete liquidation or dissolution of the Corporation. The CIC Agreement defines “cause” as acts of dishonesty resulting in substantial personal enrichment at the Corporation’s expense or repeated willful or deliberate violations of obligations under the CIC Agreement resulting in material injury to the Corporation. The CIC Agreement defines “good reason” as: • a substantially adverse change in Mr. Berger’s position, authority, or responsibilities; • the Corporation’s failure to comply with the CIC Agreement; • a change of more than 50 miles in Mr. Berger’s principal place of work; • a purported termination of Mr. Berger’s employment not permitted by the CIC Agreement; and • a successor company not assuming the CIC Agreement. The CIC Agreement does not obligate the Corporation to “gross up” Mr. Berger’s compensation for any excise tax, for any federal, state, and local income taxes applicable to the excise tax “gross up,” or for tax penalties and interest imposed on “excess parachute payments” (involving excess severance or CIC payments), as defined in Section 280G of the Internal Revenue Code. The CIC Agreement has a ten-year term. The Board may terminate the CIC Agreement if the Board determines Mr. Berger is no longer a key executive, except that such a determination may not be made, and if made will have no effect, within two years after the occurrence of a CIC. The foregoing description of the CIC Agreement is qualified by reference to the full text of the form of Change of Control Employment Agreement filed by the Corporation as Exhibit 10.15 to its Annual Report on Form 10-K for the fiscal year ended January 3, 2026. Item 5.07 Submission of Matters to a Vote of Security Holders. At the Corporation’s annual meeting of shareholders held on May 20, 2026 (the “2026 Annual Meeting”), the proposals listed below were submitted to a vote of the shareholders. The proposals are described in the Corporation’s definitive proxy statement filed with the Securities and Exchange Commission on March 25, 2026 (the “Proxy Statement”). As of March 24, 2026, the record date for the 2026 Annual Meeting, there were 71,992,908 outstanding shares of the Corporation’s common stock eligible to vote, and 63,426,629 shares were present virtually or represented by proxy at the 2026 Annual Meeting. The final voting results with respect to each proposal voted upon at the 2026 Annual Meeting are set forth below. Proposal No. 1 – Election of Directors. The Corporation’s shareholders approved three nominees, John R. Hartnett, Larry B. Porcellato, and Dhanusha Sivajee, for election to the Board of Directors of the Corporation for a term expiring at the Corporation’s 2029 Annual Meeting of Shareholders and until their respective successors are elected and qualified, subject to their prior death, resignation, or removal, with votes as follows: Director For Against Abstain Broker Non-Votes John R. Hartnett 55,897,303 1,702,351 26,741 5,800,232 Larry B. Porcellato 54,914,744 2,685,311 26,340 5,800,232 Dhanusha Sivajee 56,170,539 1,421,163 34,694 5,800,232 Proposal No. 2 – Ratification of KPMG LLP as the Corporation’s Independent Registered Public Accounting Firm for Fiscal 2026. The Corporation’s shareholders ratified the selection of KPMG LLP as the Corporation’s independent registered public accounting firm for the fiscal year ending January 2, 2027, with votes as follows: For Against Abstain 63,007,838 370,208 48,582 Proposal No. 3 – Advisory Vote to Approve Named Executive Officer Compensation. The Corporation’s shareholders approved, on an advisory basis, the compensation awarded by the Corporation to its named executive officers disclosed in the Proxy Statement, with votes as follows: For Against Abstain Broker Non-Votes 56,108,616 1,453,871 63,909 5,800,232 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HNI CORPORATION Date: May 21, 2026 By: /s/ Steven M. Bradford Steven M. Bradford Senior Vice President, General Counsel, and Secretary