Leveton Jay 4

What Happened

• Leveton Jay, President of Stagwell Inc. (STGW), had a disposition to the issuer on 2026-03-11: 664,754 shares were repurchased by the company at $6.17 per share, totaling $4,100,003. This was a sale/repurchase (disposition), not an open-market purchase.

Key Details

• Transaction date: 2026-03-11; Price: $6.17 per share; Total value: $4,100,003.
• Transaction type: Disposition to the issuer (D) — an issuer repurchase to satisfy tax obligations, not a market sale.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: The repurchased shares were part of shares distributed to the reporting person after an April 4, 2025 exchange, and were repurchased to cover the reporting person's tax obligations from that exchange.
  • F2: The repurchase price reflects a 1% discount to the closing price on the transaction date.
• Filing: Report filed 2026-03-13 for a 2026-03-11 transaction; appears filed within the typical two-business-day Form 4 deadline.

Context

• This was a company repurchase to satisfy tax withholding related to a prior equity exchange (common practice after equity conversions or awards) and should not be read as a market-timing sale. Dispositions for tax withholding are routine and do not necessarily indicate the insider's sentiment about the company.