Form 4: Kathryn Quadracci Flores Reports Acquisition of 25,000 Quad/Graphics Shares

Director Kathryn Quadracci Flores reports the acquisition of 25,000 Class A Common Stock shares in Quad/Graphics, Inc. through deferred stock units.

Summary

• Kathryn Quadracci Flores, a director of Quad/Graphics, Inc., filed a Form 4 disclosing changes in her beneficial ownership of the company's stock.
• On May 22, 2024, Flores acquired 25,000 shares of Class A Common Stock through deferred stock units granted under the company's 2020 Omnibus Incentive Plan.
• These deferred stock units will be delivered on May 22, 2026, unless deferred further or upon separation from service.
• Flores also holds shares indirectly as a trustee for several trusts: Danica Quadracci 2008 Trust, Halle Victoria Quadracci 2003 Trust, Meghan Angela Quadracci 2001 Trust, and H. Richard Quadracci 2014 Trust.
• She disclaims beneficial ownership of these indirectly held shares except to the extent of her pecuniary interest.
• Following the reported transaction, Flores directly owns 151,452 shares of Class A Common Stock, including those attributable to deferred stock units.
• She also indirectly owns 4,067 shares as trustee for each of the Danica Quadracci 2008 Trust, Halle Victoria Quadracci 2003 Trust, and Meghan Angela Quadracci 2001 Trust.
• Additionally, she indirectly owns 2,870 shares as trustee for each of the Danica Quadracci 2008 Trust, Halle Victoria Quadracci 2003 Trust, and Meghan Angela Quadracci 2001 Trust through Class B Common Stock.
• She indirectly owns 14,915 shares as trustee for the H. Richard Quadracci 2014 Trust through Class B Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing, and the acquisition of shares by a director is a mildly positive signal, but not overwhelmingly so.

Positives

• The acquisition of 25,000 shares by a director could be seen as a positive signal, indicating confidence in the company's future.

Future Outlook

The document does not contain specific forward-looking statements, but it does mention the future delivery of deferred stock units in 2026.

Industry Context

This filing is a routine disclosure related to insider trading and is specific to Quad/Graphics and its director. It doesn't provide broad insights into the printing industry.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates