Anne M. Bauer - 01 Jan 2026 Form 4 Insider Report for Quad/Graphics, Inc. (QUAD)

Role: VP, Chief Accounting Officer
Signature: /s/ Alexander N. Pyke, attorney-in-fact for Anne M. Bauer
Issuer symbol: QUAD
Transactions as of: 01 Jan 2026
Net transactions value: $0
Form type: 4
Filing time: 05 Jan 2026, 12:28:39 UTC
Previous filing: 04 Mar 2025
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BAUER ANNE M	VP, Chief Accounting Officer	C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX	/s/ Alexander N. Pyke, attorney-in-fact for Anne M. Bauer	05 Jan 2026	0001235538

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QUAD	Class A Common Stock	Award	$0	+11,500	+24%	$0.000000	58,807	01 Jan 2026	Direct	F1
holding	QUAD	Class A Common Stock						339	01 Jan 2026	By 401(a) Plan	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 11,500 shares of restricted stock, granted under the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan, that will vest on March 1, 2029.
F2	Shares acquired under the Company Savings Plan based on information furnished by the Plan Administrator as of 12/31/2025.