Form 4: Quad/Graphics CEO J. Joel Quadracci Reports Stock Transactions

J. Joel Quadracci, Chairman, President, and CEO of Quad/Graphics, reports the withholding of shares for tax liability and shares acquired under the Company Savings Plan.

Summary

• J. Joel Quadracci, Chairman, President, and CEO of Quad/Graphics, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On March 1, 2025, 174,176 shares of Class A Common Stock were disposed of at a price of $6.28 per share to cover tax liabilities related to vesting restricted stock.
• Additionally, 4,243.1708 shares of Class A Common Stock were acquired through the Company Savings Plan as of February 28, 2025.
• Following these transactions, Quadracci directly owns 2,175,082 shares of Class A Common Stock.
• Quadracci also indirectly owns shares through various trusts, including the Alexander Q. Harned 2007 Trust, the Elizabeth Quadracci Harned 2003 Trust, the HVQ 1992 Descendants Trust, the Kathryn B. Harned 2004 Trust, and the William V. Harned 2006 Trust, but disclaims beneficial ownership except to the extent of his pecuniary interest.
• He also holds 229,364 shares of Class B Common Stock which are convertible to Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of shares through the Company Savings Plan indicates participation in the company's employee benefits program.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, as mandated by the SEC.
• The transactions reported are typical for executives who receive stock-based compensation and participate in company savings plans.
• Similar filings are made by executives at companies like R.R. Donnelley & Sons and LSC Communications, which are also in the printing and related services industry.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates