Form 4: Quad/Graphics Executive Eric Ashworth Reports Sale of Class A Common Stock

Eric Ashworth, EVP Product & Market Strategy at Quad/Graphics, reported the sale of 5,944 shares of Class A Common Stock at an average price of $4.6764 on August 27, 2024.

Summary

• On August 27, 2024, Eric N. Ashworth, EVP Product & Market Strategy at Quad/Graphics, sold 5,944 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $4.6764 per share, with individual prices ranging from $4.62 to $4.78.
• Following the transaction, Ashworth directly owns 215,870 shares of Class A Common Stock.
• Ashworth also indirectly owns 379.2087 shares through a 401(a) plan, based on information as of July 31, 2024.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider transactions.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock; these filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.

Key Dates