Form 4: Quad/Graphics Director Douglas P. Buth Disposes of 15,000 Shares

Director Douglas P. Buth sold 15,000 shares of Quad/Graphics, Inc. Class A Common Stock at an average price of $6.4947 on October 31, 2024.

Summary

• On October 31, 2024, Douglas P. Buth, a director of Quad/Graphics, Inc., disposed of 15,000 shares of Class A Common Stock.
• The transaction was a sale, with the price per share averaging $6.4947.
• The price actually paid ranged from $6.41 to $6.58.
• Following the transaction, Buth directly owns 155,965 shares, which includes 1,693 additional deferred stock units resulting from dividend payments.
• The reporting person will provide information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price, upon request.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing indicates a change in the beneficial ownership of a director at Quad/Graphics, which is a routine disclosure required by the SEC. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.

Key Dates