CFO David C Sylvester sells 75,000 SCS shares for $1.0M; holdings drop 12.0% to 549.8K shares
Sylvester David C, SVP and Chief Financial Officer of Steelcase, executed 2 separate sales totaling 75,000 shares for $1,037,591.26 across July 24–25, 2024, at an average price of $13.83. The sales reduced his holdings by 12.0% from 624.8K to 549.8K shares. The current stock price of $13.83 sits -2.0% from the 52-week high of $14.11, while the company faces headwinds with annual revenue growth of -2.3%. His prior cross-ticker track record shows 1 prior sell with an average 90-day return of -11.3% and a 90-day well-timed rate of 100.00%, indicating his past sells have been well-timed (stock fell post-sale); however, this single historical data point carries limited predictive weight for this specific ticker, where no detailed same-ticker history is measurable in this filing. The transaction itself is neither unusually large in absolute terms nor represents a complete exit from his holdings.