Form 4: Quad/Graphics EVP & Treasurer Kelly A. Vanderboom Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kelly A. Vanderboom, EVP & Treasurer 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, 2025, Kelly A. Vanderboom, EVP & Treasurer of Quad/Graphics, Inc., reported changes in beneficial ownership of the company's Class A Common Stock.
- 24,009 shares were disposed of to cover tax liabilities related to the vesting of restricted stock at a price of $6.28 per share.
- Vanderboom also reported acquiring 1,740.9309 shares through the Company Savings Plan as of February 28, 2025.
- Following these transactions, Vanderboom directly owns 268,302 shares of Class A Common Stock and indirectly owns 1,740.9309 shares through a 401(a) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to compensation and savings plans. There's no indication of significant positive or negative sentiment.
Positives
- The acquisition of shares through the Company Savings Plan indicates participation in the company's long-term growth.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Comparison to Industry Standards
- Monitoring insider transactions is a common practice in financial analysis.
- Comparing these transactions to those of peers like R.R. Donnelley & Sons or LSC Communications can provide insights into relative valuation and management confidence.
- However, the transactions reported here are routine and related to compensation and savings plans, which are typical for executives in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they are related to routine executive compensation and savings plans.
Key Dates
| Date | Description |
|---|---|
| 2025/02/28 | Date for shares acquired under the Company Savings Plan. |
| 2025/03/01 | Date of the transaction involving the disposal of shares for tax liability and acquisition of shares. |
| 2025/03/04 | Date of signature for the SEC filing. |
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