QUAD.NYSEQuad/graphics, INC

Form 4: Quad/Graphics EVP & Treasurer Kelly A. Vanderboom Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing

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Kelly A. Vanderboom, EVP & Treasurer of Quad/Graphics, reports changes in beneficial ownership of Class A Common Stock due to tax liability withholding and company savings plan acquisitions.

Summary

  • On March 1, 2024, Kelly A. Vanderboom, EVP & Treasurer of Quad/Graphics, had 17,489 shares of Class A Common Stock withheld to cover tax liabilities related to the vesting of restricted stock at a price of $5.99.
  • Vanderboom also acquired 1,678.9257 shares of Class A Common Stock through the Company Savings Plan as of February 29, 2024.
  • Following these transactions, Vanderboom directly owns 263,579 shares of Class A Common Stock and indirectly owns shares through a 401(a) plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Positives

  • Acquisition of shares through the Company Savings Plan indicates confidence in the company's future.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company executive, which is common in publicly traded companies.

Stakeholder Impact

  • Shareholders may be interested in the transactions of company executives, as it can provide insights into management's perspective on the company's value.

Key Dates

DateDescription
02/29/2024Date shares acquired under the Company Savings Plan were calculated.
03/01/2024Date of tax liability payment by withholding shares of stock.
03/05/2024Date of signature of the report.

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