[144] Steelcase, Inc. SEC Filing

Rhea-AI Filing Summary

Steelcase, Inc. (NYSE:SCS) has filed a Form 144 indicating that insider Robert Krestakos intends to sell 12,000 common shares through Morgan Stanley Smith Barney on or about 11 July 2025. The planned sale is valued at roughly $127,546, a negligible 0.011% of the 114.7 million shares outstanding. These shares were acquired via performance and restricted stock awards granted between 2018 and 2021. Over the last three months the same insider sold an additional 6,000 shares for proceeds of approximately $61,000. No operational, earnings, or strategic disclosures accompany this filing, making it chiefly an administrative notice of modest insider selling.

Positive

• None.

Negative

• Insider selling: Proposed disposal of 12,000 shares (~$128k) could be viewed as a mild bearish indicator, although scale is immaterial.

Insights

Securities Analyst

TL;DR: Minor insider sale; immaterial to valuation.

The 12,000-share sale equates to less than 0.02 days’ average volume and under 0.01% of outstanding shares, so liquidity impact is negligible. Dollar value is small relative to management compensation and market cap. Insider exercised and is monetising equity awards, a commonplace event that offers limited information about future fundamentals. With no concurrent negative disclosures and a history of similar routine sales, the filing is neutral for investors.

Corporate Governance Expert

TL;DR: Routine Rule 144 filing; no governance red flags.

The sale follows proper Rule 144 notice procedures and utilises a major brokerage, suggesting compliance with insider-trading rules. Shares stem from equity compensation and the seller certified absence of undisclosed adverse information. Frequency and scale of recent sales remain within normal guidelines, so the action does not signal governance concerns. Overall impact on perception of insider confidence is minimal.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	12000	127545.60	114708001	07/11/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/26/2021	Performance Shares	Issuer			6403	02/26/2021	Not Applicable
Common	03/03/2020	Restricted Stock	Issuer			3722	03/03/2020	Not Applicable
Common	02/22/2019	Restricted Stock	Issuer			88	02/22/2019	Not Applicable
Common	02/26/2021	Restricted Stock	Issuer			506	02/26/2021	Not Applicable
Common	02/23/2018	Restricted Stock	Issuer			1281	02/23/2018	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ROBERT KRESTAKOS 901 44TH STREET SE GRAND RAPIDS MI 49508	Common	04/14/2025	510	5164.26
ROBERT KRESTAKOS 901 44TH STREET SE GRAND RAPIDS MI 49508	Common	04/14/2025	1393	14105.52
ROBERT KRESTAKOS 901 44TH STREET SE GRAND RAPIDS MI 49508	Common	04/14/2025	4097	41486.22

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Steelcase (SCS) shares are being sold under this Form 144?

The filing covers a planned sale of 12,000 common shares.

What is the estimated value of the shares to be sold by the insider?

At the filing price, the shares are worth approximately $127,546.

Who is the insider selling Steelcase shares?

The shares are being sold for the account of Robert Krestakos, according to the filing.

When is the anticipated sale date for the shares?

The approximate sale date listed is July 11, 2025.

What percentage of Steelcase's outstanding shares does this sale represent?

The 12,000 shares equal roughly 0.011% of the 114.7 million shares outstanding.

Which broker will execute the transaction?

The filing names Morgan Stanley Smith Barney LLC as the broker.