Stagwell Inc·4

Jun 12, 6:00 PM ET

Oosterman Wade 4

Research Summary

AI-generated summary

Updated

Stagwell (STGW) Director Wade Oosterman Receives RSU Award

What Happened Wade Oosterman, a director of Stagwell Inc. (STGW), was awarded 22,970 restricted stock units (RSUs) on 2026-06-11. The RSUs were reported as acquired at $0.00 (standard for grants) and represent a contingent right to receive one share of Class A common stock per unit. The RSUs will vest in full on the first anniversary of the grant.

Key Details

  • Transaction date: 2026-06-11; Form 4 filed 2026-06-12 (timely filing).
  • Transaction type/code: Award/Grant (A).
  • Shares/units granted: 22,970 RSUs; reported acquisition price $0.00.
  • Post-transaction beneficial ownership: Not specified in the filing.
  • Footnote: Awarded as non-employee director compensation; each RSU converts to one share upon vesting; full vesting on the first anniversary.
  • No indication of a 10b5-1 plan, tax withholding sale, or immediate sale of underlying shares.

Context This was a compensation grant to a non-employee director, not an open-market purchase or sale. Such awards are routine for board members and become economically relevant only if and when the RSUs vest and convert to shares (or are sold).