Eli Samaha - 10 Mar 2023 Form 4 Insider Report for Stagwell Inc (STGW)

Reporting relationship: Director
Issuer ticker: STGW
Reported as of: 10 Mar 2023
Net transaction value: +$5,062,500
SEC form: 4
Accepted by SEC: 14 Mar 2023, 17:01:23 UTC
Prior SEC filing: 30 Dec 2022
Next SEC filing: 16 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Edmund Graff, attorney-in-fact

Key filing fact

Eli Samaha filed Form 4 for Stagwell Inc (STGW) on 14 Mar 2023.

Key facts

This page summarizes Eli Samaha's Form 4 filing for Stagwell Inc (STGW).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 14 Mar 2023, 17:01.

Change

Previous filing in this sequence was filed on 30 Dec 2022.
Current net transaction value: +$5,062,500.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STGW transaction

Class A Common Stock

Purchase

Transaction value: $5,062,500
Shares: +750,000
Change %: +12%
Price: $6.75
Shares after: 7,147,662
Date: 10 Mar 2023
Ownership: See footnote
Footnotes: F1, F2

STGW holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 46,008
Date: 10 Mar 2023
Ownership: Direct

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The reported securities were purchased by funds managed by Madison Avenue Partners, LP in an underwritten public offering at $6.75 per share.

Footnote F2

These shares are held by funds managed by Madison Avenue Partners, LP. The Reporting Person is the managing partner of Madison Avenue Partners, LP. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of such securities.