McElligott Peter 4

What Happened
Peter McElligott, General Counsel of Stagwell Inc. (STGW), had 8,512 shares withheld by the issuer to satisfy tax withholding on the nonreportable vesting of restricted stock units (RSUs). The shares were valued at $5.24 each, for a total disposal value of $44,603. The transaction is coded F (payment of exercise price or tax liability).

Key Details

• Transaction date: 2026-03-07; Form 4 filed: 2026-03-10.
• Action: 8,512 shares disposed (withheld) at $5.24 per share; total $44,603.
• Transaction code: F — payment of tax liability via share withholding.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of RSUs.
• Shares owned after the transaction: not disclosed in the provided filing.
• Filing timeliness: Form 4 filed March 10; no late-filing indicator is shown in the provided data.

Context
This was a tax-withholding event tied to RSU vesting (a common administrative action), not an open-market sale initiated by the insider. Such withholdings are routine and reflect tax obligations on compensation rather than a direct signal of the insider’s view on the company.