Form 4: Quad/Graphics Director Jay O. Rothman Reports Acquisition of 25,000 Shares

Director Jay O. Rothman reports acquisition of 25,000 shares of Quad/Graphics Class A Common Stock.

Summary

• On May 22, 2024, Jay O. Rothman, a director of Quad/Graphics, Inc., acquired 25,000 shares of Class A Common Stock.
• These shares are attributable to deferred stock units granted under the company's 2020 Omnibus Incentive Plan.
• The shares will be delivered to Rothman on May 22, 2026, unless deferred or upon separation from service.
• Rothman also received 1,293 additional deferred stock units due to dividend payments on previously granted units.
• Following the transaction, Rothman beneficially owns 161,204 shares of Class A Common Stock, including deferred stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing related to stock ownership. The acquisition of shares by a director is generally viewed positively, but it's part of a pre-existing compensation plan.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
• The granting of deferred stock units aligns the director's interests with those of the shareholders.

Future Outlook

The deferred stock units will be delivered on May 22, 2026, unless deferred by the reporting person, or on separation from service.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider stock ownership.
• The granting of deferred stock units aligns the director's interests with those of the shareholders.

Key Dates