Steelcase (SCS) Director Robert Pew Purchases 3,095 Shares
Robert C. Pew III, a director of Steelcase Inc. (NYSE: SCS), reported a purchase of 3,095 shares of Class A common stock on 09/10/2025.
Rhea-AI Filing Summary
Robert C. Pew III, a director of Steelcase Inc. (NYSE: SCS), reported a purchase of 3,095 shares of Class A common stock on 09/10/2025. After the reported transaction he is shown as beneficially owning 1,868,267 shares directly. The filing also discloses 500 shares held indirectly by his wife and 2,216,114 shares held indirectly by trusts for his children for which he is co-trustee. The Form 4 was signed by Liesl A. Maloney by power of attorney on 09/12/2025. The filing contains only changes in beneficial ownership and no derivative transactions.
Positive
- Director acquisition reported: Robert C. Pew III purchased 3,095 Class A shares on 09/10/2025, disclosed on Form 4
Negative
- None.
Insights
TL;DR: Director purchased a small number of shares; filing updates substantial long-term family and trust holdings.
The Form 4 documents a routine open-market acquisition of 3,095 Class A shares by director Robert C. Pew III on 09/10/2025. The report clarifies his direct beneficial ownership at 1,868,267 shares and significant indirect holdings via spouse and family trusts totaling 2,216,614 shares reported across two categories. No options, warrants, or other derivative instruments were reported. This is a standard Section 16 disclosure updating insider ownership and recent non-derivative activity.
TL;DR: Disclosure aligns with Section 16 reporting requirements; transaction appears procedural and fully reported.
The filing meets Section 16(a) disclosure expectations by reporting the 09/10/2025 acquisition and detailing direct and indirect beneficial ownership, including trusts for Mr. Pew's children where he is co-trustee. The use of a power of attorney for signature is noted. There are no amendments or derivative transactions disclosed. The record provides transparency about the director's holdings without revealing any additional compensatory or grant-based activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,095 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Not applicable.
- F2. Represents shares held by trusts for the benefit of Mr. Pew's children for which Mr. Pew serves as co-trustee.
FAQ
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What transaction did Robert C. Pew III report on the Steelcase (SCS) Form 4?
Were any derivative securities reported in the Steelcase (SCS) Form 4?
Who signed the Form 4 for Robert C. Pew III?
Does the Form 4 indicate any change in control or amendment?
AI-generated analysis. How Rhea-AI works. Not financial advice.