McKenna Donald M 4
4 · Quad/Graphics, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Quad/Graphics EVP Donald M. McKenna Withholds 20,122 Shares for Taxes
What Happened
- Donald M. McKenna, EVP & Chief Administrative Officer of Quad/Graphics (QUAD), had 20,122 shares withheld to satisfy tax withholding related to the vesting of restricted stock. The shares were valued at $6.91 each, for a total of about $139,043. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-01; Filing date (Form 4): 2026-03-03 (timely filing).
- Price per share: $6.91; Shares withheld/disposed: 20,122; Total value: ~$139,043.
- Shares owned after the transaction: Not disclosed in the provided filing.
- Footnotes: F1 — withholding of shares to pay tax liability on vested restricted stock; F2 — references shares acquired under the Company Savings Plan as of 02/28/2026 (from plan administrator).
- Transaction code: F (tax withholding). This is routine tax-related withholding, not an open-market sale or purchase.
Context
- Withholding shares to cover taxes is common when restricted stock vests and generally reflects tax mechanics rather than a decision to sell shares; it should not be interpreted as a directional bet by the insider.
Insider Transaction Report
Form 4
McKenna Donald M
EVP, Chief Administrative Ofcr
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-03-01$6.91/sh−20,122$139,043→ 175,068 total
Holdings
- 548.599(indirect: By 401(a) Plan)
Class A Common Stock
[F2]
Footnotes (2)
- [F1]Reflects payment of tax liability by withholding shares of stock incident to the vesting of restricted stock previously issued.
- [F2]Shares acquired under the Company Savings Plan based on information furnished by the Plan Administrator as of 02/28/2026.
Signature
/s/ Alexander N. Pyke, attorney-in-fact for Donald M. McKenna|2026-03-03