Form 4: Steelcase Executive Steven Douglas Miller Reports Stock Disposal
SEC Form 4 Filing
VP and Chief Technology Officer of Steelcase Inc., Steven Douglas Miller, reports disposing of 3,522 shares of Class A Common Stock to cover tax obligations.
Summary
- On September 22, 2024, Steven Douglas Miller, VP and Chief Technology Officer of Steelcase Inc., disposed of 3,522 shares of Class A Common Stock.
- The transaction was executed at a price of $12.92 per share.
- Following the transaction, Miller beneficially owns 76,979 shares of Steelcase Inc.
- The disposal was related to tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock disposal for tax obligations, which is a neutral event.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company executives and their confidence in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/22/2024 | Date of stock disposal transaction |
| 09/24/2024 | Date of signature on the report |
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