[Form 4] STEELCASE INC Insider Trading Activity

Rhea-AI Filing Summary

Steelcase insider acquisition recorded on Form 4: Sanjay Gupta, identified as a director of Steelcase Inc. (NYSE: SCS), reported an acquisition of 2,063 shares of Class A common stock with a transaction date of 09/10/2025. After this transaction he beneficially owns 42,341 shares in total. The filing was made individually and signed under power of attorney by Liesl A. Maloney on 09/12/2025.

The Form 4 shows no derivative transactions and lists the reporting relationship as Director. The form does not list a per-share price for the acquisition and includes the explanatory note "Not applicable."

Insights

Financial Analyst

TL;DR: Director increased holdings by 2,063 Class A shares to 42,341 shares; no derivatives, price not reported.

The filing documents an open-market or plan purchase of 2,063 Class A shares dated 09/10/2025, raising the reporting person's beneficial ownership to 42,341 shares. The transaction is presented as a non-derivative acquisition and the Form 4 indicates an individual filing by a director. The absence of a reported price in the table limits precise calculation of the dollar value and prevents assessment of the economic scale of the purchase relative to the director's holdings or company market cap. No exercise, grant, or disposition activity appears on this form.

Corporate Governance Expert

TL;DR: Routine director purchase disclosed; increases insider stake but offers limited disclosure on price and intent.

From a governance perspective, the Form 4 accomplishes the basic disclosure requirement for a director's change in beneficial ownership, specifying the transaction date, class of stock, and updated beneficial ownership. The filing is timely and signed by a power of attorney. However, the missing transaction price reduces transparency about economic exposure and whether the purchase aligns with a pre-established trading plan; the form does not indicate any rule 10b5-1 plan box checked.

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
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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^*

Gupta Sanjay

(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		2,063	A	(1)	42,341	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

Who filed the Form 4 for Steelcase Inc. (SCS)?

Sanjay Gupta, identified as a Director of Steelcase Inc., filed the Form 4; the filing was signed by Liesl A. Maloney by power of attorney on 09/12/2025.

What transaction is reported on the Steelcase Form 4 dated 09/10/2025?

The form reports a non-derivative acquisition of 2,063 Class A common shares on 09/10/2025.

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

Following the reported acquisition the reporting person beneficially owns 42,341 shares of Class A common stock.

Are there any derivative transactions disclosed in this Form 4 for SCS?

No. Table II shows no derivative securities acquired or disposed of in this filing.

Is the transaction price disclosed on the Form 4?

No. The table does not list a per-share price for the acquisition, so the dollar value is not reported.