Form 4: Quad/Graphics Executive Honan Reports Stock Transactions

David J. Honan, Chief Operating Officer of Quad/Graphics, reports the withholding of shares for tax liability and transactions within various trusts and the company savings plan.

Summary

• David J. Honan, the Chief Operating Officer of Quad/Graphics, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On March 1, 2025, 73,114 shares of Class A Common Stock were disposed of at a price of $6.28 per share to cover tax liabilities related to vesting restricted stock.
• Honan also reported holdings in Class A Common Stock through several trusts (DQ 2008 Trust, HVQ 2003 Trust, and MAQ 2001 Trust) and the company's 401(a) plan.
• He holds 4,067 shares in each of the DQ 2008 Trust, HVQ 2003 Trust and MAQ 2001 Trust.
• He holds 762.6331 shares in the 401(a) Plan.
• The filing also mentions Class B Common Stock, which is convertible to Class A Common Stock on a 1-for-1 basis.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates