Staniak Anthony 4

What Happened

• Anthony Staniak, CFO & Treasurer of Quad/Graphics (QUAD), had 21,463 shares withheld on 2026-03-01 to satisfy tax withholding obligations tied to the vesting of previously issued restricted stock. The withheld shares were priced at $6.91 each, for a notional disposition value of $148,309. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (filed within the typical 2-business-day window).
• Price per share: $6.91; shares withheld/disposed: 21,463; total value: $148,309.
• Footnote F1: Withholding shares to pay tax liability incident to vesting of restricted stock.
• Footnote F2: Notes shares acquired under the Company Savings Plan per plan administrator as of 02/28/2026 (reported information from the plan).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

• This was a routine tax-withholding action connected to restricted stock vesting (a cashless method of covering taxes). Such transactions are administrative and do not necessarily indicate the insider is reducing or increasing conviction in the company through an open-market sale or purchase.