Vaughan Brandt A. 4
Research Summary
AI-generated summary
Stagwell (STGW) Director Vaughan Brandt Receives Award
What Happened
- Vaughan Brandt A., a director of Stagwell Inc. (STGW), was awarded 22,970 restricted stock units (RSUs) on 2026-06-11. The RSUs were granted at a $0.00 per-unit acquisition price, so the immediate reported value at grant is $0. This is an award/compensation grant—not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11 (reported on Form 4 filed 2026-06-12).
- Transaction type/code: A (award/grant/acquisition).
- Shares/units granted: 22,970 RSUs; price reported: $0.00; immediate total value: $0.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Each RSU equals a contingent right to one share of Class A common stock; the RSUs vest in full on the first anniversary of the grant date.
- Filing timeliness: Filed one day after the transaction date — within standard Form 4 reporting windows (timely).
Context
- RSUs are a form of compensation that convert to actual shares only upon vesting; they do not represent immediate sale or purchase and therefore are not a direct market sentiment signal. Upon vesting the director will receive shares (and may have tax withholding obligations). This grant appears to be routine non-employee director compensation as described in the filing.