Key facts
- This page summarizes GOLDMAN SACHS GROUP INC's Form 4 filing for Stagwell Inc (STGW).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 17 Jun 2024, 20:51.
GOLDMAN SACHS GROUP INC - 13 Jun 2024 Form 4 Insider Report for Stagwell Inc (STGW)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- STGW
- Reported as of
- 13 Jun 2024
- Net transaction value
- -$25,360,000
- SEC form
- 4
- Accepted by SEC
- 17 Jun 2024, 20:51:09 UTC
- Prior SEC filing
- 26 Dec 2023
- Next SEC filing
- 04 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- The Goldman Sachs Group, Inc., By: /s/ Crystal Orgill, Name: Crystal Orgill, Title: Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
GOLDMAN SACHS GROUP INC filed Form 4 for Stagwell Inc (STGW) on 17 Jun 2024.
Change
- Previous filing in this sequence was filed on 26 Dec 2023.
- Current net transaction value: -$25,360,000.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
STGW
transaction
Class A Common Stock
Sale
- Transaction value
- $25,360,000
- Shares
- -4,000,000
- Change %
- -24%
- Price
- $6.34
- Shares after
- 12,981,022
- Date
- 13 Jun 2024
- Ownership
- See Footnotes
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Reflects a repurchase of shares by Stagwell Inc. (the "Issuer") pursuant to a Share Repurchase Agreement, dated June 13, 2024.
Footnote F2
This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group"), Goldman, Sachs & Co. LLC ("Goldman Sachs"), Broad Street Principal Investments, L.L.C. ("BSPI"), StoneBridge 2017, L.P. ("SB Employee Fund"), StoneBridge 2017 Offshore, L.P. ("SB Employee Fund Offshore," and together with SB Employee Fund, the "Employee Funds") and Bridge Street Opportunity Advisors, L.L.C ("Bridge Street"). Goldman Sachs is a subsidiary of GS Group. Goldman Sachs is the manager of BSPI and Bridge Street and the investment manager of the Employee Funds. GS Group is the direct owner of Bridge Street. Bridge Street is the general partner of each Employee Fund.
Footnote F3
Because of the relationship by and between GS Group, Goldman Sachs, BSPI and the Employee Funds, GS Group and Goldman Sachs may be deemed (for purposes of Rule 13d-3(a) and Rule 16a-1(a) only and not for any other applicable purpose) to beneficially own an aggregate of 12,981,022 shares of Class A Common Stock, consisting of (i) 10,683,430 shares of Class A Common Stock directly held by BSPI, (ii) 1,597,531 shares of Class A Common Stock directly held by SB Employee Fund, (iii) 566,259 shares of Class A Common Stock directly held by SB Employee Fund Offshore and (iv) 133,802 shares of Class A Common Stock of the Issuer held directly by Goldman Sachs.
SEC remarks
Exhibit List: Exhibit 24 - Powers of Attorney relating to The Goldman Sachs Group, Inc., Goldman Sachs & Co. LLC, Broad Street Principal Investments, L.L.C., StoneBridge 2017, L.P., StoneBridge 2017 Offshore, L.P. and Bridge Street Opportunity Advisors, L.L.C.