Form 4: Steelcase Director Robert C. Pew III Reports Changes in Beneficial Ownership
SEC Form 4
Director Robert C. Pew III reports transactions involving Steelcase Inc. Class A and Class B Common Stock.
Summary
- On July 31, 2024, Robert C. Pew III acquired 73,300 shares of Class A Common Stock and disposed of 73,300 shares of Class B Common Stock.
- On August 1, 2024, he disposed of 74,066 shares of Class A Common Stock.
- Following these transactions, Mr. Pew directly owns 186,355 shares of Class A Common Stock and indirectly owns 500 shares through his wife and 2,216,114 shares through a trust.
- He also directly owns 1,662,136 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into their perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Acquisition of 73,300 shares of Class A Common Stock and disposal of 73,300 shares of Class B Common Stock |
| 08/01/2024 | Disposal of 74,066 shares of Class A Common Stock |
| 08/02/2024 | Date of signature for the Form 4 filing |
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