Mark Penn - Mar 7, 2025 Form 4 Insider Report for Stagwell Inc (STGW)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Mark Penn
Stock symbol
STGW
Transactions as of
Mar 7, 2025
Transactions value $
-$341,510
Form type
4
Date filed
3/11/2025, 06:30 PM
Previous filing
Apr 2, 2024
Next filing
Apr 2, 2025
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 Award $0 +192K +7.58% $0.00 2.72M Mar 7, 2025 Direct F1
transaction STGW Class A Common Stock Tax liability -$342K -54.8K -2.01% $6.23 2.67M Mar 8, 2025 Direct F2
holding STGW Class A Common Stock 130K Mar 7, 2025 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security represents restricted stock units awarded to the Reporting Person on March 7, 2025. Each restricted stock unit represents the right to receive one share of Class A common stock of the Issuer upon vesting. The restricted stock units will vest on March 7, 2026, subject to the Reporting Person's continued service through such date.
F2 Represents shares withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock units.
F3 Held by The Stagwell Group LLC ("Stagwell Group"). The Reporting Person is the controlling person of Stagwell Group. 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.