Form 4: Steelcase CFO David C. Sylvester Reports Changes in Beneficial Ownership
SEC Filing
David C. Sylvester, SVP and CFO of Steelcase Inc., reports acquisition and disposal of Class A Common Stock.
Summary
- David C. Sylvester, the SVP and Chief Financial Officer of Steelcase Inc., filed a Form 4 with the SEC on March 21, 2024.
- The report details changes in his beneficial ownership of Steelcase's Class A Common Stock.
- On March 19, 2024, Sylvester acquired 35,405 shares of Class A Common Stock.
- Also on March 19, 2024, he disposed of 10,844 shares at a price of $12.87.
- Following these transactions, Sylvester directly owns 582,776 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard SEC filing reporting changes in beneficial ownership.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CFO's stock transactions.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of stock acquisition and disposal. |
| 03/21/2024 | Date of Form 4 filing. |
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