Form 4: Quad/Graphics Executive McKenna Reports Stock Transactions
SEC Form 4 Filing
Donald M. McKenna, EVP and Chief Administrative Officer of Quad/Graphics, reports the withholding of shares for tax liability and shares acquired under the Company Savings Plan.
Summary
- On March 1, 2025, Donald M. McKenna, EVP and Chief Administrative Officer of Quad/Graphics, Inc., had shares withheld to cover tax liabilities related to the vesting of restricted stock.
- A total of 10,588 shares of Class A Common Stock were withheld at a price of $6.28 per share.
- Following the transaction, McKenna directly owns 143,832 shares of Class A Common Stock.
- Additionally, McKenna indirectly owns 522.3146 shares of Class A Common Stock through a 401(a) plan, acquired as of February 28, 2025.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is required when company insiders (officers, directors, or those holding 10% or more of the company's shares) buy or sell stock in their own company. It provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 2/28/2025 | Date shares acquired under the Company Savings Plan. |
| 03/01/2025 | Date of stock withholding for tax liability. |
| 03/04/2025 | Date of Form 4 filing. |
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