SCHEDULE 13G/A: BlackRock Discloses 15.1% Passive Stake in MillerKnoll, Inc. Common Stock

BlackRock, Inc. has filed an Amendment No. 18 to Schedule 13G, disclosing its beneficial ownership of 15.1% of MillerKnoll, Inc.'s common stock as of March 31, 2025.

Summary

• BlackRock, Inc. beneficially owns 10,275,688 shares of MillerKnoll, Inc. Common Stock.
• This ownership represents 15.1% of the total outstanding common stock of MillerKnoll, Inc.
• BlackRock holds sole voting power over 10,144,917 shares and sole dispositive power over 10,275,688 shares.
• No shared voting or dispositive power is reported by BlackRock.
• The filing is an Amendment No. 18 to a Schedule 13G, indicating a passive investment intent.
• One of BlackRock's entities, iShares Core S&P Small-Cap ETF, is noted to hold more than 5% of MillerKnoll, Inc.'s total outstanding common stock.

Sentiment

Score: 6

Explanation: The document is neutral in tone as it is a factual disclosure of ownership. The significant stake by BlackRock could be seen as a positive signal of institutional confidence, hence a slightly positive score.

Positives

• BlackRock, a prominent institutional investor, maintains a significant 15.1% passive stake in MillerKnoll, Inc., which may signal continued institutional confidence in the company.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of a passive investment stake by a major asset manager, BlackRock, in MillerKnoll, Inc. It does not provide specific industry insights or competitive analysis beyond confirming BlackRock's continued significant holding in the company.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's passive stake, which may offer some reassurance regarding institutional interest in the company.

Key Dates

Keywords

MillerKnoll Inc., BlackRock Inc., Schedule 13G, Common Stock, Beneficial Ownership, Institutional Investor, Passive Investment, SEC Filing, MLKN