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

• On March 1, 2024, J. Joel Quadracci, Chairman, President, and CEO of Quad/Graphics, reported a transaction involving Class A Common Stock.
• 121,518 shares were disposed of to cover tax liabilities at a price of $5.99 per share.
• Quadracci also reported owning 2,144,034 shares of Class A Common Stock directly and 4,092.0541 shares indirectly through a 401(a) Plan.
• The report also details indirect ownership of Class A Common Stock through various trusts where Quadracci serves as trustee.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. The disposal of shares is related to tax obligations, and the filing provides transparency into the executive's holdings.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The information disclosed is consistent with SEC regulations and provides a clear picture of the reporting person's beneficial ownership.
• Similar filings can be observed for executives at comparable printing and marketing services companies such as R.R. Donnelley & Sons and Cenveo.

Stakeholder Impact

• The transaction could have a minor impact on shareholders due to the change in the CEO's holdings.
• The filing ensures transparency for all stakeholders regarding insider trading activities.

Key Dates