{"url_path":"/sec/mlkn/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 Market for the Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities and Dividend Market Information","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-20","source_url":"https://www.sec.gov/Archives/edgar/data/66382/0000066382-26-000092-index.html","accession_number":"0000066382-26-000092","cik":"0000066382","ticker":"MLKN","issuer_name":"MILLERKNOLL, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/66382/0000066382-26-000092-index.html","primary_entity_key":"0000066382","primary_entity_name":"MILLERKNOLL, INC."},"word_count":818,"has_tables":true,"body_markdown":"Item 5 Market for the Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities and Dividend Market Information\n\nMillerKnoll, Inc.'s common stock is traded on the Nasdaq Global Select Market System (Symbol: MLKN). As of July 16, 2026, there were approximately 36,000 shareholders of record, including individual participants in security position listings, of the Company's common stock.\n\nDividends were declared and paid quarterly for fiscal 2026 as approved by the Board of Directors. On April 14, 2026, the Company's Board of Directors approved a quarterly cash dividend of 18.75 cents ($0.1875) per share that was paid on July 15, 2026, to shareholders of record on May 30, 2026. While it is anticipated that the Company will continue to pay quarterly cash dividends, the amount and timing of such dividends is subject to the discretion of the Board depending on the Company's future results of operations, financial condition, capital requirements and other relevant factors. In addition, the Company’s ability to pay dividends and repurchase shares is subject to restrictions under the Company’s credit agreements. Refer to Item 1A, “Risk Factors - Financial Related Risks,” and Note 5 to the Consolidated Financial Statements for additional information regarding these restrictions.\n\nDuring the period covered by this report, the Company did not sell any equity securities that were not registered under the Securities Act of 1933, other than transactions previously reported, if applicable.\n\nIssuer Purchases of Equity Securities\n\nOn January 16, 2019, the Company announced a share repurchase plan authorized by the Board of Directors providing for a share repurchase authorization of $250.0 million with no specified expiration date. On July 16, 2024, the Company announced that the Board of Directors approved an increase to this repurchase plan to authorize an additional $200.0 million to fund share repurchases.\n\nThe following is a summary of share repurchase activity during the fiscal quarter ended May 30, 2026:\n\nPeriod\n(a) Total Number of Shares Purchased(1)\n(b) Average Price Paid per Share(c ) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs\n(d) Approximate Dollar Value of Shares that may yet be Purchased Under the Plans or Programs (in millions) (2)\n\n3/1/26-3/28/268,401 $14.86 8,401 $168.9 \n\n3/29/26-4/25/26123,869 $15.48 123,869 $167.0 \n\n4/26/26-5/30/26128,495 $15.76 128,495 $164.9 \n\nTotal260,765 260,765  \n\n(1) Includes shares withheld (if any), at the election of participants, to satisfy tax withholding obligations incurred upon the vesting of restricted stock.\n\n(2) Amounts are as of the end of the period indicated.\n\n                                         17\n\nUnder the repurchase program, the Company may repurchase shares from time to time in any manner management believes to be in the best interests of the Company and its shareholders, including through privately negotiated transactions and open market purchases, which may be made pursuant to a trading plan adopted in accordance with Rule 10b5-1. Repurchases will be made at management’s discretion, subject to general market conditions, alternative uses for capital, the Company’s financial performance, and other factors. The Company currently expects to fund any repurchases of its shares through existing cash on hand and future cash flows.\n\nThe repurchase program may be suspended, terminated, or modified at any time and from time to time, and for any reason, including market conditions, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any shares.\n\nIn accordance with the Inflation Reduction Act of 2022, our fiscal year 2025 share repurchases in excess of issuances are subject to a 1% excise tax. The excise tax is recognized as part of the cost basis of shares acquired in the Consolidated Statements of Stockholders' Equity for fiscal year 2025 but is excluded from amounts presented above.\n\n                                         18\n\nStockholder Return Performance Graph\n\nSet forth below is a line graph comparing the yearly percentage change in the cumulative total stockholder return on the Company's common stock with that of the cumulative total return of the Standard & Poor's 500 Stock Index and the Company's Peer Group for the five-year period ended May 30, 2026. The Peer Group consists of HNI Corporation and Steelcase Inc. During the period, Steelcase Inc. was acquired by HNI Corporation. The performance graph reflects Steelcase’s total shareholder return through the acquisition date, after which proceeds were assumed to be reinvested in the peer group consistent with total return methodology. These companies also manufacture office furniture and have industry characteristics that we believe are similar to MillerKnoll, Inc.\n\nThe graph assumes an investment of $100 on May 29, 2021, in the Company's common stock, the Standard & Poor's 500 Stock Index and the Peer Group, with dividends reinvested.\n\n2021 2022 2023 202420252026\n\nMillerKnoll, Inc.$100  $66  $32  $64 $41 $41 \n\nS&P 500 Index100  99  102  126 141 180 \n\nPeer Group100  85  68  93 89 77 \n\nInformation required by this item is also contained in Item 12 of this report.\n\n                                         19"}