Bradley J. Gross - 14 Mar 2023 Form 4 Insider Report for Stagwell Inc (STGW)

Role: Director
Signature: /s/ Jamison Yardley, Attorney-in-fact
Issuer symbol: STGW
Transactions as of: 14 Mar 2023
Net transactions value: -$25,717,600
Form type: 4
Filing time: 16 Mar 2023, 15:00:40 UTC
Previous filing: 10 Nov 2021
Next filing: 24 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STGW	Class A Common Stock	Sale	$25,717,600	-4,000,000	-19%	$6.43	17,099,784	14 Mar 2023	See Footnotes	F1

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

Explanation of Responses:

Id	Content
F1	The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). GS Group is the direct owner of BSPI, which directly holds 14,094,157 shares of Class A Common Stock of the Issuer, and Bridge Street Opportunity Advisors, L.L.C. ("Bridge Street") is the general partner of each of SB Employee Fund, which directly holds 425,953 shares of Class A Common Stock of the Issuer, and SB Employee Fund Offshore, which directly holds 2,428,636 shares of Class A Common Stock of the Issuer. Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 151,038 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.

Content

The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). GS Group is the direct owner of BSPI, which directly holds 14,094,157 shares of Class A Common Stock of the Issuer, and Bridge Street Opportunity Advisors, L.L.C. ("Bridge Street") is the general partner of each of SB Employee Fund, which directly holds 425,953 shares of Class A Common Stock of the Issuer, and SB Employee Fund Offshore, which directly holds 2,428,636 shares of Class A Common Stock of the Issuer. Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 151,038 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.