Key facts
- This page summarizes Mark Jeffery Penn's Form 4 filing for Stagwell Inc (STGW).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 02 Apr 2025, 19:05.
Mark Jeffery Penn - 31 Mar 2025 Form 4 Insider Report for Stagwell Inc (STGW)
- Reporting relationship
- Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- STGW
- Reported as of
- 31 Mar 2025
- Net transaction value
- -$1,134,729
- SEC form
- 4
- Accepted by SEC
- 02 Apr 2025, 19:05:32 UTC
- Prior SEC filing
- 11 Mar 2025
- Next SEC filing
- 08 Apr 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Penn
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mark Jeffery Penn filed Form 4 for Stagwell Inc (STGW) on 02 Apr 2025.
Change
- Previous filing in this sequence was filed on 11 Mar 2025.
- Current net transaction value: -$1,134,729.
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
Disposed to Issuer
- Transaction value
- $0
- Shares
- -106,746
- Change %
- -4%
- Price
- $0.000000
- Shares after
- 2,559,008
- Date
- 31 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
STGW
transaction
Class A Common Stock
Tax liability
- Transaction value
- $1,134,729
- Shares
- -191,354
- Change %
- -7.5%
- Price
- $5.93
- Shares after
- 2,367,654
- Date
- 31 Mar 2025
- Ownership
- Direct
- Footnotes
- F2
STGW
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +151,648,741
- Change %
- +116653%
- Price
- Shares after
- 151,778,741
- Date
- 02 Apr 2025
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5, F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
STGW
transaction
Derivative
Class C Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- -151,648,741
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 02 Apr 2025
- Ownership
- See Footnote
- Underlying class
- Class A Common
- Underlying amount
- 151,648,741
- Exercise price
- Footnotes
- F3, F4, F6, F7, F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote F1
Represents shares of restricted stock forfeited to the Issuer in connection with the partial vesting of a restricted stock award.
Footnote F2
Represents shares withheld by the Issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock.
Footnote F3
On April 2, 2025, Stagwell Media (as defined and discussed in footnote 4 hereto) exchanged all of its 151,648,741 Paired Equity Interests (as defined and discussed in footnote 7 hereto) for an equal number of shares of Class A Common Stock of the Issuer.
Footnote F4
The Reporting Person is the controlling person of Stagwell Media LP ("Stagwell Media"). Following the reported transaction, Stagwell Media holds directly 151,648,741 shares of Class A Common Stock and zero shares of Class C Common Stock.
Footnote F5
The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell Group"). Stagwell Group holds directly 130,000 shares of Class A Common Stock of the Issuer.
Footnote F6
The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Footnote F7
A holder of shares of Class C Common Stock may, at its option, exchange its shares of Class C Common Stock, together with its corresponding interest in a subsidiary of the Issuer (collectively, a "Paired Equity Interest"), for shares of Class A Common Stock on a one-for-one basis (i.e., one Paired Equity Interest for one share of Class A Common Stock).
Footnote F8
The right of a holder of shares of Class C Common Stock to exchange such shares for Class A Common Stock is not subject to a date exercisable or an expiration date.