Brandt A. Vaughan - 01 Jul 2024 Form 4 Insider Report for Stagwell Inc (STGW)

Role
Director
Signature
/s/ Edmund Graff, attorney-in-fact
Issuer symbol
STGW
Transactions as of
01 Jul 2024
Net transactions value
+$17,500
Form type
4
Filing time
03 Jul 2024, 13:30:13 UTC
Previous filing
14 Jun 2024
Next filing
03 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STGW Class A Common Stock Award $17,500 +2,566 +1.8% $6.82 143,776 01 Jul 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's Non-Employee Director Compensation Policy, the reporting person elected to receive payment of quarterly fees for service on the Issuer's Board of Directors in shares of fully vested Class A Common Stock in lieu of a cash payment. The number of shares was calculated based on a $17,500 fee divided by the closing price of the Class A Common Stock on the trading day immediately preceding the date of payment.