Form 4: Quad/Graphics Director John S. Shiely Reports Acquisition of 25,000 Shares

Director John S. Shiely reports acquisition of 25,000 shares of Quad/Graphics Class A Common Stock through deferred stock units.

Summary

• On May 22, 2024, John S. Shiely, a director of Quad/Graphics, Inc., acquired 25,000 shares of Class A Common Stock.
• The acquisition was through deferred stock units granted under the company's 2020 Omnibus Incentive Plan.
• These shares will be delivered to Shiely on May 22, 2026, unless deferred or upon separation from service.
• Shiely also received 1,920 additional deferred stock units due to dividend payments on previously granted units.
• Following the transaction, Shiely beneficially owns 282,404 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed positively, but it's a routine occurrence.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

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 of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates