AGÕæÈ˹ٷ½

STOCK TITAN

[8-K] Steelcase, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Steelcase completed a voluntary conversion tied to its merger process: Mr. Robert C. Pew III converted 2,216,114 shares of Company Class B common stock into 2,216,114 shares of Company Class A common stock, which triggered an Event of Automatic Conversion and resulted in the automatic one-for-one conversion of all Company Class B shares into Class A shares. Following the Conversion there were 114,717,466 shares of Company Class A common stock outstanding and no shares of Company Class B common stock outstanding. Converted Class B shares will be retired and canceled and holders must deliver certificates, duly endorsed or with proper instruments of transfer, to receive Class A certificates.

The Conversion is described as occurring in connection with a Merger Agreement among Steelcase, HNI Corporation and related parties and associated Letter and Voting Agreements. HNI will file a Registration Statement on Form S-4 and a definitive joint proxy statement/prospectus to register HNI shares to be issued in the transaction; those materials will be sent to shareholders.

Steelcase ha completato una conversione volontaria collegata al processo di fusione: il Sig. Robert C. Pew III ha convertito 2,216,114 azioni di Company Class B in 2,216,114 azioni di Company Class A, fatto che ha generato un evento di conversione automatica e ha comportato la conversione automatica, in rapporto uno a uno, di tutte le azioni Class B in azioni Class A. A seguito della conversione risultavano in circolazione 114,717,466 azioni di Company Class A e nessuna azione di Company Class B. Le azioni Class B convertite saranno ritirate e cancellate; i titolari dovranno consegnare i certificati, debitamente girati o corredati dei relativi strumenti di trasferimento, per ricevere i certificati di Class A.

La conversione è descritta come avvenuta nell'ambito di un Accordo di Fusione (Merger Agreement) tra Steelcase, HNI Corporation e parti correlate e dei relativi accordi di lettera e di voto. HNI depositerà una dichiarazione di registrazione sul Modulo S-4 (Registration Statement on Form S-4) e un prospetto/statement congiunto definitivo (definitive joint proxy statement/prospectus) per registrare le azioni HNI che saranno emesse nell'operazione; tali documenti saranno inviati agli azionisti.

Steelcase completó una conversión voluntaria vinculada a su proceso de fusión: el Sr. Robert C. Pew III convirtió 2,216,114 acciones de Company Class B en 2,216,114 acciones de Company Class A, lo que desencadenó un Evento de Conversión Automática y dio lugar a la conversión automática, a razón de una por una, de todas las acciones Class B en acciones Class A. Tras la conversión había 114,717,466 acciones de Company Class A en circulación y ninguna acción de Company Class B. Las acciones Class B convertidas serán retiradas y canceladas; los titulares deberán entregar los certificados, debidamente endosados o acompañados de los instrumentos de transferencia apropiados, para recibir los certificados de Class A.

La conversión se describe como realizada en relación con un Acuerdo de Fusión (Merger Agreement) entre Steelcase, HNI Corporation y partes relacionadas, así como con los acuerdos de carta y de votación asociados. HNI presentará una Declaración de Registro en el Formulario S-4 (Registration Statement on Form S-4) y un prospecto/declaraación conjunta definitivo (definitive joint proxy statement/prospectus) para registrar las acciones de HNI que se emitirán en la transacción; esos materiales se enviarán a los accionistas.

SteelcaseëŠ� 합병 절차와 ê´€ë ¨ëœ ìžë°œì � 전환ì� 완료했습니다: Robert C. Pew III 씨가 회사 Class B 보통ì£� 2,216,114주를 회사 Class A 보통ì£� 2,216,114주로 전환했으ë©�, ì´ëŠ” ìžë™ì „환 사건ì� 촉발하여 모든 Class B 주ì‹ì� 1대1ë¡� ìžë™ 전환ë˜ë„ë¡� 했습니다. 전환 í›� 회사 Class A 보통주는 114,717,466주가 발행ë˜ì–´ 있었ê³� 회사 Class B 보통주는 ì—†ìŒìœ¼ë¡œ 남았습니ë‹�. 전환ë� Class B 주ì‹ì€ 소ê°Â·ì·¨ì†Œë� 예정ì´ë©°, 주주ëŠ� Class A ì¦ì„œë¥� 받기 위해 ì ë²•하게 배서ë˜ì—ˆê±°ë‚˜ ì ì ˆí•� ì–‘ë„ì¦ì„œê°€ 첨부ë� ì¦ì„œë¥� 제출해야 합니ë‹�.

ì� ì „í™˜ì€ Steelcase와 HNI Corporation ë°� ê´€ë � 당사ìžë“¤ ê°„ì˜ í•©ë³‘ê³„ì•½(Merger Agreement)ê³� ê´€ë ¨ëœ ì„œí•œ ë°� ì˜ê²°ê¶� 계약ê³� 연관하여 ì´ë£¨ì–´ì§„ 것으ë¡� 설명ë˜ì–´ 있습니다. HNIëŠ� 거래ì—서 발행ë� HNI 주ì‹ì� 등ë¡í•˜ê¸° 위해 Form S-4ì� 등ë¡ëª…세ì„�(Registration Statement on Form S-4)와 확정ë� í•©ë™ ëŒ€ë¦�/투ìžì„¤ëª…ì„�(definitive joint proxy statement/prospectus)ë¥� 제출í•� 예정ì´ë©°, 해당 ìžë£ŒëŠ� 주주들ì—ê²� 발송ë� 것입니다.

Steelcase a achevé une conversion volontaire liée à son processus de fusion : M. Robert C. Pew III a converti 2,216,114 actions de Company Class B en 2,216,114 actions de Company Class A, ce qui a déclenché un événement de conversion automatique et entraîné la conversion automatique, à raison d'une pour une, de toutes les actions Class B en actions Class A. Après la conversion, 114,717,466 actions de Company Class A étaient en circulation et aucune action de Company Class B. Les actions Class B converties seront retirées et annulées ; les titulaires devront remettre les certificats, dûment endossés ou accompagnés des instruments de transfert appropriés, afin de recevoir les certificats Class A.

La conversion est décrite comme étant intervenue dans le cadre d'un accord de fusion (Merger Agreement) entre Steelcase, HNI Corporation et des parties liées, ainsi que des accords de lettre et de vote associés. HNI déposera une déclaration d'enregistrement sur le formulaire S-4 (Registration Statement on Form S-4) et un projet définitif de circulaire/prospectus conjoint (definitive joint proxy statement/prospectus) pour enregistrer les actions HNI qui seront émises dans le cadre de la transaction ; ces documents seront envoyés aux actionnaires.

Steelcase hat eine freiwillige Umwandlung im Zusammenhang mit seinem Fusionsprozess abgeschlossen: Herr Robert C. Pew III hat 2,216,114 Aktien der Company Class B in 2,216,114 Aktien der Company Class A umgewandelt, was ein Ereignis der automatischen Umwandlung auslöste und zur automatischen Eins-zu-Eins-Umwandlung aller Class B-Aktien in Class A führte. Nach der Umwandlung bestanden 114,717,466 Aktien der Company Class A und keine Aktien der Company Class B. Die umgewandelten Class B-Aktien werden zurückgezogen und annulliert; Inhaber müssen ihre Zertifikate, ordnungsgemäß indossiert oder mit den geeigneten Übertragungsunterlagen versehen, einreichen, um Class A-Zertifikate zu erhalten.

Die Umwandlung wird als im Zusammenhang mit einem Fusionsvertrag (Merger Agreement) zwischen Steelcase, der HNI Corporation und verbundenen Parteien sowie den zugehörigen Letter- und Voting-Vereinbarungen stehend beschrieben. HNI wird eine Registrierungserklärung auf Formular S-4 (Registration Statement on Form S-4) einreichen und eine endgültige gemeinsame Vollmachts-/Prospekterklärung (definitive joint proxy statement/prospectus) zur Registrierung der im Geschäft auszugebenden HNI-Aktien erstellen; diese Unterlagen werden den Aktionären zugesandt.

Positive
  • Completed conversion: 2,216,114 Class B shares converted into Class A shares, triggering automatic one-for-one conversion of all Class B into Class A.
  • Single class outstanding: Following the Conversion there are 114,717,466 Class A shares outstanding and no Class B shares outstanding.
  • Merger disclosure in progress: HNI will file a Form S-4 and a definitive joint proxy/prospectus to register shares to be issued in the transaction.
Negative
  • None.

Insights

TL;DR: Conversion completed; all Class B shares converted to Class A, simplifying outstanding share classes ahead of the HNI transaction.

The filing confirms a procedural but material equity restructuring: 2,216,114 Class B shares were voluntarily converted and all remaining Class B shares automatically converted one-for-one into Class A, leaving 114,717,466 Class A shares outstanding and no Class B shares. This changes the company's outstanding capital stock composition and clarifies the share registry prior to the pending merger with HNI, which will be further detailed in HNI's Form S-4 and joint proxy/prospectus.

TL;DR: The conversion ends dual-class share holdings described in the Articles and terminates Class B shareholder rights upon issuance of Class A certificates.

The document states converted certificates will represent the same number of Class A shares and that holders will be treated as record holders at the time of Conversion; converted Class B rights cease at that time and converted shares are retired and canceled. The filing also outlines transfer procedures for issuance and registration of Class A certificates, ensuring administrative steps for ownership recognition are specified ahead of the merger disclosure process.

Steelcase ha completato una conversione volontaria collegata al processo di fusione: il Sig. Robert C. Pew III ha convertito 2,216,114 azioni di Company Class B in 2,216,114 azioni di Company Class A, fatto che ha generato un evento di conversione automatica e ha comportato la conversione automatica, in rapporto uno a uno, di tutte le azioni Class B in azioni Class A. A seguito della conversione risultavano in circolazione 114,717,466 azioni di Company Class A e nessuna azione di Company Class B. Le azioni Class B convertite saranno ritirate e cancellate; i titolari dovranno consegnare i certificati, debitamente girati o corredati dei relativi strumenti di trasferimento, per ricevere i certificati di Class A.

La conversione è descritta come avvenuta nell'ambito di un Accordo di Fusione (Merger Agreement) tra Steelcase, HNI Corporation e parti correlate e dei relativi accordi di lettera e di voto. HNI depositerà una dichiarazione di registrazione sul Modulo S-4 (Registration Statement on Form S-4) e un prospetto/statement congiunto definitivo (definitive joint proxy statement/prospectus) per registrare le azioni HNI che saranno emesse nell'operazione; tali documenti saranno inviati agli azionisti.

Steelcase completó una conversión voluntaria vinculada a su proceso de fusión: el Sr. Robert C. Pew III convirtió 2,216,114 acciones de Company Class B en 2,216,114 acciones de Company Class A, lo que desencadenó un Evento de Conversión Automática y dio lugar a la conversión automática, a razón de una por una, de todas las acciones Class B en acciones Class A. Tras la conversión había 114,717,466 acciones de Company Class A en circulación y ninguna acción de Company Class B. Las acciones Class B convertidas serán retiradas y canceladas; los titulares deberán entregar los certificados, debidamente endosados o acompañados de los instrumentos de transferencia apropiados, para recibir los certificados de Class A.

La conversión se describe como realizada en relación con un Acuerdo de Fusión (Merger Agreement) entre Steelcase, HNI Corporation y partes relacionadas, así como con los acuerdos de carta y de votación asociados. HNI presentará una Declaración de Registro en el Formulario S-4 (Registration Statement on Form S-4) y un prospecto/declaraación conjunta definitivo (definitive joint proxy statement/prospectus) para registrar las acciones de HNI que se emitirán en la transacción; esos materiales se enviarán a los accionistas.

SteelcaseëŠ� 합병 절차와 ê´€ë ¨ëœ ìžë°œì � 전환ì� 완료했습니다: Robert C. Pew III 씨가 회사 Class B 보통ì£� 2,216,114주를 회사 Class A 보통ì£� 2,216,114주로 전환했으ë©�, ì´ëŠ” ìžë™ì „환 사건ì� 촉발하여 모든 Class B 주ì‹ì� 1대1ë¡� ìžë™ 전환ë˜ë„ë¡� 했습니다. 전환 í›� 회사 Class A 보통주는 114,717,466주가 발행ë˜ì–´ 있었ê³� 회사 Class B 보통주는 ì—†ìŒìœ¼ë¡œ 남았습니ë‹�. 전환ë� Class B 주ì‹ì€ 소ê°Â·ì·¨ì†Œë� 예정ì´ë©°, 주주ëŠ� Class A ì¦ì„œë¥� 받기 위해 ì ë²•하게 배서ë˜ì—ˆê±°ë‚˜ ì ì ˆí•� ì–‘ë„ì¦ì„œê°€ 첨부ë� ì¦ì„œë¥� 제출해야 합니ë‹�.

ì� ì „í™˜ì€ Steelcase와 HNI Corporation ë°� ê´€ë � 당사ìžë“¤ ê°„ì˜ í•©ë³‘ê³„ì•½(Merger Agreement)ê³� ê´€ë ¨ëœ ì„œí•œ ë°� ì˜ê²°ê¶� 계약ê³� 연관하여 ì´ë£¨ì–´ì§„ 것으ë¡� 설명ë˜ì–´ 있습니다. HNIëŠ� 거래ì—서 발행ë� HNI 주ì‹ì� 등ë¡í•˜ê¸° 위해 Form S-4ì� 등ë¡ëª…세ì„�(Registration Statement on Form S-4)와 확정ë� í•©ë™ ëŒ€ë¦�/투ìžì„¤ëª…ì„�(definitive joint proxy statement/prospectus)ë¥� 제출í•� 예정ì´ë©°, 해당 ìžë£ŒëŠ� 주주들ì—ê²� 발송ë� 것입니다.

Steelcase a achevé une conversion volontaire liée à son processus de fusion : M. Robert C. Pew III a converti 2,216,114 actions de Company Class B en 2,216,114 actions de Company Class A, ce qui a déclenché un événement de conversion automatique et entraîné la conversion automatique, à raison d'une pour une, de toutes les actions Class B en actions Class A. Après la conversion, 114,717,466 actions de Company Class A étaient en circulation et aucune action de Company Class B. Les actions Class B converties seront retirées et annulées ; les titulaires devront remettre les certificats, dûment endossés ou accompagnés des instruments de transfert appropriés, afin de recevoir les certificats Class A.

La conversion est décrite comme étant intervenue dans le cadre d'un accord de fusion (Merger Agreement) entre Steelcase, HNI Corporation et des parties liées, ainsi que des accords de lettre et de vote associés. HNI déposera une déclaration d'enregistrement sur le formulaire S-4 (Registration Statement on Form S-4) et un projet définitif de circulaire/prospectus conjoint (definitive joint proxy statement/prospectus) pour enregistrer les actions HNI qui seront émises dans le cadre de la transaction ; ces documents seront envoyés aux actionnaires.

Steelcase hat eine freiwillige Umwandlung im Zusammenhang mit seinem Fusionsprozess abgeschlossen: Herr Robert C. Pew III hat 2,216,114 Aktien der Company Class B in 2,216,114 Aktien der Company Class A umgewandelt, was ein Ereignis der automatischen Umwandlung auslöste und zur automatischen Eins-zu-Eins-Umwandlung aller Class B-Aktien in Class A führte. Nach der Umwandlung bestanden 114,717,466 Aktien der Company Class A und keine Aktien der Company Class B. Die umgewandelten Class B-Aktien werden zurückgezogen und annulliert; Inhaber müssen ihre Zertifikate, ordnungsgemäß indossiert oder mit den geeigneten Übertragungsunterlagen versehen, einreichen, um Class A-Zertifikate zu erhalten.

Die Umwandlung wird als im Zusammenhang mit einem Fusionsvertrag (Merger Agreement) zwischen Steelcase, der HNI Corporation und verbundenen Parteien sowie den zugehörigen Letter- und Voting-Vereinbarungen stehend beschrieben. HNI wird eine Registrierungserklärung auf Formular S-4 (Registration Statement on Form S-4) einreichen und eine endgültige gemeinsame Vollmachts-/Prospekterklärung (definitive joint proxy statement/prospectus) zur Registrierung der im Geschäft auszugebenden HNI-Aktien erstellen; diese Unterlagen werden den Aktionären zugesandt.

STEELCASE INC false 0001050825 0001050825 2025-08-08 2025-08-08
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 8, 2025

 

 

STEELCASE INC.

(Exact name of registrant as specified in its charter)

 

 

 

Michigan   1-13873   38-0819050
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

901 44th Street SE
Grand Rapids, Michigan
  49508
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (616) 247-2710

None

(Former name, former address and former fiscal year, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to section 12(b) of the Act:

 

Title of each class

 

Trading

symbol(s)

 

Name of each exchange
on which registered

Class A Common Stock   SCS   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 8.01 Other Events.

On August 8, 2025, in connection with (i) the Agreement and Plan of Merger, by and among Steelcase Inc. (the “Company” or “Steelcase”), HNI Corporation (“HNI”), Geranium Merger Sub I, Inc. and Geranium Merger Sub II, LLC, dated as of August 3, 2025 (the “Merger Agreement”), (ii) the Letter Agreement, dated August 3, 2025, between Robert C. Pew III and the Company (the “Letter Agreement”) and (iii) the Voting and Support Agreement, dated as of August 3, 2025, by and among HNI, Mr. Pew and Susan H. Taylor (the “Voting Agreement”), Mr. Pew converted 2,216,114 shares of Class B common stock, no par value, of the Company (the “Company Class B Common Stock”) into 2,216,114 shares of Class A common stock, no par value, of the Company (the “Company Class A Common Stock”) pursuant to the voluntary conversion procedure under the Company’s Second Restated Articles of Incorporation, dated as of July 13, 2011, as amended (the “Articles”), resulting in an Event of Automatic Conversion (as defined in the Articles) and the automatic conversion of all shares of Company Class B Common Stock into shares of Company Class A Common Stock on a one-for-one basis (the “Conversion”). After the Conversion, shares of Company Class B Common Stock that were converted into shares of Company Class A Common Stock will be retired and canceled. As of August 8, 2025, following the Conversion, there were 114,717,466 shares of Company Class A Common Stock outstanding and no shares of Company Class B Common Stock outstanding.

Pursuant to the Articles, (a) the certificates that represented shares of Company Class B Common Stock immediately prior to the Conversion shall, upon the Conversion, represent the same number of shares of Company Class A Common Stock; (b) a person entitled to receive shares of Company Class A Common Stock issuable upon the Conversion will be treated for all purposes as the record holder of such shares of Company Class A Common Stock at and as of the time of the Conversion; and (c) the rights of such person as a holder of shares of Company Class B Common Stock that have been converted in the Conversion shall cease and terminate at and as of the time of the Conversion.

The Articles provide that holders of converted Company Class B Common Stock shall deliver their certificates, duly endorsed in blank or accompanied by proper instruments of transfer, to the principal office of the Company or the office of any transfer agent for shares of the Company Class A Common Stock, together with a notice setting out the name or names (with addresses) and denominations in which the certificate or certificates representing such shares of Company Class A Common Stock are to be issued and including instructions for delivery thereof. Pursuant to the Articles, upon such delivery in connection with the Conversion, the Company or its transfer agent will promptly issue and deliver at the stated address to the holder of shares of Company Class A Common Stock a certificate or certificates representing the number of shares of Company Class A Common Stock to which the holder is entitled by reason of the Conversion, and will cause such shares of Company Class A Common Stock to be registered in the name of such holder.

No Offer or Solicitation

This communication is not an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Important Information and Where to Find It

In connection with the transaction between HNI and Steelcase (the “Transaction”), HNI will file with the U.S. Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4 to register the shares of HNI common stock to be issued in connection with the Transaction. The Registration Statement will include a joint proxy statement of HNI and Steelcase that also constitutes a prospectus of HNI. The definitive joint proxy statement/prospectus will be sent to the shareholders of each of HNI and Steelcase.


INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE JOINT PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION OR INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION REGARDING HNI, STEELCASE, THE TRANSACTION AND RELATED MATTERS.

Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by HNI or Steelcase through the website maintained by the SEC at http://www.sec.gov or from HNI at its website, www.hnicorp.com, or from Steelcase at its website, www.steelcase.com (information included on or accessible through either of HNI’s or Steelcase’s website is not incorporated by reference into this communication).

Participants in the Solicitation

HNI, Steelcase, their respective directors and certain of their respective executive officers may be deemed to be participants in the solicitation of proxies in connection with the Transaction under the rules of the SEC. Information about the interests of the directors and executive officers of HNI and Steelcase and other persons who may be deemed to be participants in the solicitation of proxies in connection with the Transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the joint proxy statement/prospectus related to the Transaction, which will be filed with the SEC. Information about the directors and executive officers of HNI and their ownership of HNI common stock is set forth in the definitive proxy statement for HNI’s 2025 Annual Meeting of Shareholders, filed with the SEC on March 11, 2025; in Table I (Information about our Executive Officers) at the end of Part I of HNI’s Annual Report on Form 10 K for the fiscal year ended December 28, 2024, filed with the SEC on February 25, 2025; in HNI’s Current Report on Form 8 K filed with the SEC on June 20, 2025; in the Form 3 and Form 4 statements of beneficial ownership and statements of changes in beneficial ownership filed with the SEC by HNI’s directors and executive officers; and in other documents filed by HNI with the SEC. Information about the directors and executive officers of Steelcase common stock can be found in Steelcase’s definitive proxy statement in connection with its 2025 Annual Meeting of Shareholders, filed with the SEC on May 28, 2025; under the heading “Supplementary Item. Information About Our Executive Officers” in Steelcase’s Annual Report on Form 10 K for the fiscal year ended February 28, 2025, filed with the SEC on April 18, 2025; in Steelcase’s Amendment No. 1 to Current Report on Form 8-K/A filed with the SEC on July 11, 2025; in the Form 3 and Form 4 statements of beneficial ownership and statements of changes in beneficial ownership filed with the SEC by Steelcase’s directors and executive officers; and in other documents filed by Steelcase with the SEC. Free copies of the documents referenced in this paragraph may be obtained as described above under the heading “Important Information and Where to Find It.”


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    STEELCASE INC.
Date: August 8, 2025     By:  

/s/ David C. Sylvester

            David C. Sylvester
            Senior Vice President, Chief Financial Officer

FAQ

What exactly converted in the Steelcase (SCS) 8-K?

Mr. Robert C. Pew III converted 2,216,114 shares of Company Class B common stock into 2,216,114 shares of Company Class A common stock, triggering automatic conversion of all Class B shares into Class A on a one-for-one basis.

How many Class A shares are outstanding after the conversion?

Following the Conversion there are 114,717,466 shares of Company Class A common stock outstanding and no shares of Company Class B common stock outstanding.

Will converted Class B shares remain outstanding?

No. Shares of Company Class B common stock that were converted into Class A common stock will be retired and canceled.

What must holders of converted Class B certificates do to receive Class A certificates?

Holders must deliver their Class B certificates, duly endorsed in blank or with proper instruments of transfer, to the Company's principal office or a transfer agent with a notice specifying names, addresses and denominations for issuance of Class A certificates.

What further filings are expected related to the Steelcase–HNI transaction?

HNI will file a Registration Statement on Form S-4 that will include a definitive joint proxy statement/prospectus, which will be sent to shareholders to register HNI common stock to be issued in the transaction.
Steelcase

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