Anthony Staniak - 01 Mar 2023 Form 4 Insider Report for Quad/Graphics, Inc. (QUAD)

Role: Chief Financial Officer
Signature: /s/ Sherilyn R. Whitmoyer, Attorney-in-fact for Anthony C. Staniak
Issuer symbol: QUAD
Transactions as of: 01 Mar 2023
Transactions value $: -$17,741
Form type: 4
Filing time: 02 Mar 2023, 11:05:02 UTC
Previous filing: 04 Jan 2023
Next filing: 08 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QUAD	Class A Common Stock	Tax liability	-$17,740	-3,628	-2.1%	$4.89	168,321	01 Mar 2023	Direct	F1
holding	QUAD	Class A Common Stock						569	01 Mar 2023	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	Reflects payment of tax liability by withholding shares of stock incident to the vesting of restricted stock previously issued.
F2	Shares acquired under the Company Savings Plan based on information furnished by the Plan Administrator as of 02/28/2023.