Bradley J. Gross - Jun 13, 2024 Form 4 Insider Report for Stagwell Inc (STGW)

Role
Director
Signature
/s/ Crystal Orgill, Attorney-in-fact
Stock symbol
STGW
Transactions as of
Jun 13, 2024
Transactions value $
-$25,360,000
Form type
4
Date filed
6/17/2024, 08:51 PM
Previous filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STGW Class A Common Stock Sale -$25.4M -4M -23.56% $6.34 13M Jun 13, 2024 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a repurchase of shares by Stagwell Inc. (the "Issuer") pursuant to a Share Repurchase Agreement, dated June 13, 2024.
F2 The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). GS Group is the direct owner of Broad Street Principal Investments, L.L.C., which directly holds 10,683,430 shares of Class A Common Stock of the Issuer, and Bridge Street Opportunity Advisors, L.L.C. is the general partner of each of StoneBridge 2017, L.P., which directly holds 1,597,531 shares of Class A Common Stock of the Issuer, and StoneBridge 2017 Offshore, L.P., which directly holds 566,259 shares of Class A Common Stock of the Issuer. Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 133,802 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.

Remarks:

Exhibit List- Exhibit 24 Power of Attorney