Form 4: Steelcase CFO David C. Sylvester Reports Stock Transaction
SEC Form 4 Filing
David C. Sylvester, SVP and CFO of Steelcase Inc., reports the disposition of 12,594 shares of Class A Common Stock to cover tax obligations.
Summary
- On February 23, 2024, David C. Sylvester, the SVP and Chief Financial Officer of Steelcase Inc., disposed of 12,594 shares of Class A Common Stock.
- The transaction was related to covering tax obligations.
- The price per share was $12.8.
- Following the transaction, Sylvester directly owns 558,215 shares of Steelcase Inc.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction related to tax obligations, and doesn't necessarily indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transaction |
| 02/27/2024 | Date of signature on the report |
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