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[Form 4] STEELCASE INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Steelcase Inc. (SCS) director Kelsey Todd P. reported a purchase of Class A common stock. The Form 4 shows a non-derivative acquisition of 2,287 shares on 09/10/2025, bringing the director's beneficial ownership to 50,851 shares. The filing identifies the reporting person as a director and was signed by a power of attorney on 09/12/2025. The transaction details list the acquisition code but do not state a purchase price. No derivative transactions or additional explanations are included.

Positive

  • Director acquisition of 2,287 Class A shares indicates insider buying and increases beneficial ownership to 50,851 shares
  • No derivative or disposal activity reported, simplifying the ownership change picture

Negative

  • Transaction price not disclosed, preventing assessment of monetary scale or price-related signaling
  • Form lacks explanatory detail about the purpose or funding of the purchase

Insights

TL;DR: Director purchased 2,287 Class A shares, increasing ownership to 50,851 shares; price not disclosed.

The Form 4 documents a straightforward insider purchase by a director on 09/10/2025. The increase to 50,851 shares is a clear update to beneficial ownership levels but the absence of a disclosed price limits assessment of economic scale and potential signaling. No derivative activity or sales are reported, and the filing was executed via power of attorney.

TL;DR: Routine insider acquisition filing; material only as an ownership update with incomplete pricing details.

This Form 4 meets disclosure requirements by reporting an acquisition and updated share count. The reporting person is identified as a director, and the signature by a power of attorney is noted. Because the filing omits the transaction price, investors cannot determine transaction value or judge whether the purchase followed a trading plan disclosed elsewhere.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kelsey Todd P.

(Last) (First) (Middle)
STEELCASE INC.
901 44TH ST SE

(Street)
GRAND RAPIDS MI 49508

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
STEELCASE INC [ NYSE: SCS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/10/2025 A 2,287 A (1) 50,851 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Not applicable.
Remarks:
Liesl A. Maloney, by power of attorney 09/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did the Form 4 for SCS report?

The Form 4 reports a non-derivative acquisition of 2,287 Class A common shares on 09/10/2025 by the reporting person.

How many shares does the reporting person own after the transaction?

The reporting person beneficially owns 50,851 shares following the reported acquisition.

Is the purchase price included in the filing?

No. The filing does not disclose a transaction price for the acquired shares.

Who filed the Form 4 and what is their relationship to Steelcase?

The reporting person is Kelsey Todd P., identified as a director of Steelcase Inc.; the signature was submitted by a power of attorney on 09/12/2025.

Were any derivative securities reported on the Form 4?

No. Table II shows no derivative securities acquired, disposed of, or beneficially owned.
Steelcase

NYSE:SCS

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SCS Stock Data

1.87B
98.74M
12.52%
82.39%
1.87%
Furnishings, Fixtures & Appliances
Office Furniture (no Wood)
Link
United States
GRAND RAPIDS