Stagwell Inc·4

Jun 12, 6:05 PM ET

SIMON IRWIN D 4

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Stagwell (STGW) Director Simon Irwin Receives 22,970-Share Award

What Happened
Simon Irwin, a director of Stagwell Inc. (STGW), was awarded 22,970 restricted stock units (RSUs) on 2026-06-11. The Form 4 reports the acquisition at $0.00 (total $0). Each RSU represents a contingent right to one share of Class A common stock and will vest in full on the first anniversary of the grant.

Key Details

  • Transaction date: 2026-06-11; Filing date (Form 4): 2026-06-12 (filed promptly the next day).
  • Transaction type/code: A (award/grant of RSUs).
  • Shares/Rights granted: 22,970 RSUs; reported price per unit $0.00; total reported value $0.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnote: RSUs vest in full one year after grant (see footnote F1). No 10b5-1 plan, sale, or tax-withholding detail was reported.

Context
This is a compensation grant for a non-employee director, a routine corporate governance action rather than an open-market purchase or sale. RSUs are contingent awards that convert to actual shares only upon vesting; the $0 reported at grant reflects the contingent nature of the award, not the future market value of shares. Investors should note the vesting date (one year) as the point when shares could be issued and potentially sold, but the grant itself is not an immediate market transaction.