Lanuto Frank P 4
4 · Stagwell Inc · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Stagwell (STGW) EVP Finance Frank Lanuto Receives Award
What Happened
Frank P. Lanuto, Executive Vice President, Finance of Stagwell Inc. (STGW), was granted 74,189 restricted stock units (RSUs) on April 1, 2026. The filing shows an acquisition at $0.00 (no cash paid); the RSUs represent the right to receive one share of Class A common stock per unit upon vesting. The RSUs vest on April 1, 2027, subject to the reporting person’s continued service through that date. This is an award/compensation grant rather than a market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (appears timely).
- Grant: 74,189 RSUs at $0.00 — total immediate cash value reported: $0.
- Vesting: RSUs vest on 2027-04-01, subject to continued service (see footnote).
- Shares owned after transaction: not specified in the filing summary provided.
- Footnote: F1 — each RSU converts to one share of Class A common stock upon vesting; vesting conditioned on continued service through April 1, 2027.
- No 10b5-1 plan, tax-withholding sale, or sale reported in this transaction.
Context
RSUs are a form of compensation, not an open-market purchase or sale; they do not produce proceeds at grant and only become shares (and taxable events) if and when they vest. Such awards are common for executive compensation and should be viewed as part of pay structure rather than an explicit market signal. If and when the RSUs vest and convert to shares, the Reporting Person may later sell shares or have shares withheld for taxes—those events would generate separate filings.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-04-01+74,189→ 553,977 total
Footnotes (1)
- [F1]Security represents restricted stock units awarded to the Reporting Person on April 1, 2026. 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 April 1, 2027, subject to the Reporting Person's continued service through such date.