QUAD.NYSEQuad/graphics, INC

Form 4: Quad/Graphics Executive Robert Quadracci Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing

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Robert Quadracci, Chief Human Resources Officer at Quad/Graphics, reports changes in beneficial ownership of Class A Common Stock due to tax liability withholding and company savings plan acquisitions.

Summary

  • Robert Quadracci, Chief Human Resources Officer of Quad/Graphics, filed a Form 4 detailing changes in his beneficial ownership of the company's Class A Common Stock.
  • On March 1, 2024, 1,504 shares were disposed of to cover tax liabilities related to the vesting of restricted stock at a price of $5.99 per share.
  • As of February 29, 2024, Quadracci acquired 1,770.3041 shares through the Company Savings Plan.
  • Following these transactions, Quadracci directly owns 107,713 shares of Class A Common Stock and indirectly owns 1,770.3041 shares through a 401(a) plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing simply reports routine transactions related to stock vesting and savings plan participation.

Positives

  • Acquisition of 1,770.3041 shares through the Company Savings Plan indicates participation in company benefits.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership, providing transparency to investors.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
02/29/2024Date shares acquired under the Company Savings Plan based on information furnished by the Plan Administrator.
03/01/2024Date of transaction where shares were disposed of to cover tax liability.
03/05/2024Date of signature of the report.

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