Form 4: Director Kathryn Quadracci Flores Receives Stock Grant

Director Kathryn Quadracci Flores acquired 19,178 deferred stock units as part of the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan.

Summary

• Director Kathryn Quadracci Flores was granted 19,178 deferred stock units (DSUs) on May 20, 2026.
• The DSUs are scheduled for delivery on May 20, 2028, unless deferred further or upon separation from service.
• The transaction increases the director's direct beneficial ownership of Class A Common Stock to 101,740 shares.
• The reporting person maintains indirect ownership of various trusts, including the DQ 2008, HVQ 2003, MAQ 2001, and HRQ 2014 trusts.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine regulatory filing regarding director compensation and equity ownership.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.
• Standard incentive plan utilization indicates stable corporate governance practices.

Negatives

• None identified; this is a routine disclosure of director compensation.

Risks

• Market price volatility of Class A Common Stock could impact the ultimate value of the deferred stock units at the time of delivery.

Future Outlook

The deferred stock units are set to vest and be delivered on May 20, 2028, subject to the terms of the 2020 Omnibus Incentive Plan.

Industry Context

StockSavvy.ai notes that director equity grants are standard practice in the printing and marketing services industry to ensure board alignment with long-term corporate strategy.

Comparison to Industry Standards

• The use of deferred stock units for director compensation is consistent with standard corporate governance practices for publicly traded companies of similar size.
• The structure of the grant aligns with typical equity incentive plans used by peers in the commercial printing sector.

Related Party Transactions

• The reporting person serves as trustee for several family trusts (DQ 2008, HVQ 2003, MAQ 2001, HRQ 2014) which hold shares of the issuer.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• Delivery of shares to the reporting person on May 20, 2028.

Key Dates

Keywords

Quad/Graphics, QUAD, Form 4, Insider Trading, Director Compensation, Equity Incentive Plan