Steven D. Jaeger - Mar 6, 2025 Form 4 Insider Report for Quad/Graphics, Inc. (QUAD)

Role: Chief Information Officer
Signature: /s/ Alexander N. Pyke, attorney-in-fact for Steven D. Jaeger
Stock symbol: QUAD
Transactions as of: Mar 6, 2025
Transactions value $: -$48,256
Form type: 4
Date filed: 3/10/2025, 09:59 AM
Previous filing: Mar 4, 2025
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	Disposed to Issuer	-$48.3K	-8.36K	-6.35%	$5.77	123K	Mar 6, 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The price in column 4 is a weighted average price. The prices actually received ranged from $5.755 to $5.855 per share. The reporting person has provided the issuer, and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4, utilizing an average weighted price.

Content

The price in column 4 is a weighted average price. The prices actually received ranged from $5.755 to $5.855 per share. The reporting person has provided the issuer, and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4, utilizing an average weighted price.