[Form 4] STEELCASE INC Insider Trading Activity
Rhea-AI Filing Summary
Linda K. Williams, a director of Steelcase Inc. (NYSE: SCS), reported a Section 16 Form 4 disclosing an open-market purchase on 09/10/2025. The filing shows 2,063 shares of Class A common stock were acquired, bringing her total beneficial ownership to 60,907 shares following the transaction. The report was executed via power of attorney by Liesl A. Maloney on 09/12/2025. The form does not state a per-share purchase price; the filing provides a standard explanatory note that item 1 is not applicable.
Positive
- Director purchased shares, increasing her stake by 2,063 Class A shares
- Beneficial ownership rose to 60,907 shares, disclosed on Form 4
Negative
- Transaction price not stated in the provided content, preventing dollar-value assessment
- Limited detail about the purchase mechanism beyond a power-of-attorney signature
Insights
TL;DR: A company director increased her stake by 2,063 Class A shares, raising total beneficial holdings to 60,907 shares.
This Form 4 documents a straightforward insider purchase by Director Linda K. Williams. The acquisition date is 09/10/2025 and the filing indicates beneficial ownership of 60,907 shares after the transaction. The absence of a reported price in the visible content limits assessment of trade size in dollar terms and prevents calculation of proportional ownership or cost basis. The filing was submitted under power of attorney on 09/12/2025.
TL;DR: Insider buy noted; procedural filing appears routine and properly executed by POA.
The disclosure meets basic Section 16 reporting elements: reporting person identity, relationship (Director), transaction date, share amount acquired, and post-transaction beneficial ownership. The record includes a power-of-attorney signature, which is common for timely filings. Because the provided content omits the transaction price, one cannot evaluate the economic scale or signaling intensity of the purchase from this text alone.