Form 4: Quad/Graphics Executive Eric N. Ashworth Sells 6,000 Shares
SEC Form 4 Filing
EVP Eric N. Ashworth of Quad/Graphics, Inc. reports the sale of 6,000 shares of Class A Common Stock at an average price of $5.3097 on March 21, 2024.
Summary
- On March 21, 2024, Eric N. Ashworth, EVP Product & Market Strategy at Quad/Graphics, Inc., sold 6,000 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $5.3097, with individual prices ranging from $5.30 to $5.331.
- Following the transaction, Ashworth directly owns 221,814 shares of Class A Common Stock.
- Additionally, Ashworth indirectly owns 375.5779 shares through a 401(a) Plan.
- These shares were acquired under the Company Savings Plan as of March 21, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction: Eric N. Ashworth sold 6,000 shares of Class A Common Stock and shares were acquired under the Company Savings Plan. |
| 03/22/2024 | Date of signature for the Form 4 filing. |
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