Form 4: Quad/Graphics CFO Anthony Staniak Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Anthony Staniak, CFO of Quad/Graphics, reports changes in beneficial ownership of Class A Common Stock due to tax liability withholding and shares acquired under the Company Savings Plan.
Summary
- On March 1, 2024, Anthony Staniak, the Chief Financial Officer of Quad/Graphics, engaged in a transaction involving Class A Common Stock.
- 4,924 shares were disposed of at a price of $5.99 per share to cover tax liabilities related to the vesting of restricted stock.
- As of the report, Staniak directly owns 252,675 shares of Class A Common Stock.
- Additionally, Staniak indirectly owns 569.2686 shares through a 401(a) Plan, acquired as of February 29, 2024.
- The report was filed on March 5, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing is a standard disclosure of stock transactions by a company executive.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders and provides transparency regarding their stock ownership and transactions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date shares acquired under the Company Savings Plan were furnished by the Plan Administrator. |
| 03/01/2024 | Date of transaction involving Class A Common Stock. |
| 03/05/2024 | Date the Form 4 was signed. |
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