Penn Mark Jeffery 4
4 · Stagwell Inc · Filed Mar 12, 2024
Insider Transaction Report
Form 4
Stagwell IncSTGW
Penn Mark Jeffery
DirectorChief Executive Officer10% Owner
Transactions
- Award
Class A Common Stock
2024-03-08+200,491→ 2,690,960 total
Holdings
- 130,000(indirect: See Footnote)
Class A Common Stock
Footnotes (2)
- [F1]The security represents restricted stock units awarded to the Reporting Person on March 8, 2024. 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 8, 2025, subject to the Reporting Person's continued service through such date.
- [F2]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.