Penn Mark Jeffery 4

What Happened

• Mark Penn, CEO of Stagwell Inc. (STGW), was granted 389,432 restricted stock units (RSUs) on April 1, 2026. The award was reported at $0.00 per unit (an equity award, not a cash purchase) and therefore has a $0 acquisition price on the Form 4. These RSUs represent the right to receive one share of Class A common stock per unit upon vesting.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-03 (timely).
• Transaction type/code: Award/Grant (A).
• Amount: 389,432 RSUs; reported acquisition price: $0.00.
• Vesting: RSUs vest on April 1, 2027, subject to continued service (Footnote F1).
• Holdings: Shares are held by The Stagwell Group LLC; Mr. Penn is the controlling person of that entity (Footnote F2). Post-transaction total beneficial ownership was not specified in the provided summary.
• No indication of a sale or exercise; this is a compensation award rather than a market purchase or disposition.

Context

• RSUs are compensation that convert to company shares on the vesting date if the vesting conditions (here, continued service through 2027-04-01) are met. This award does not involve immediate cash proceeds or an open-market purchase/sale and should be viewed as part of executive compensation disclosure rather than a direct trading signal.