Form 4: Quad/Graphics Executive Steven D. Jaeger Reports Stock Transaction
SEC Form 4 Filing
Steven D. Jaeger, Chief Information Officer of Quad/Graphics, Inc., reported the disposition of 6,528 shares of Class A Common Stock to cover tax liabilities related to vesting restricted stock.
Summary
- On March 1, 2024, Steven D. Jaeger, the Chief Information Officer of Quad/Graphics, Inc., disposed of 6,528 shares of Class A Common Stock.
- The transaction was executed to cover tax liabilities associated with the vesting of previously issued restricted stock.
- The shares were disposed of at a price of $5.99 per share.
- Following the transaction, Jaeger directly owns 134,989 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction: Steven D. Jaeger disposed of 6,528 shares of Class A Common Stock. |
| 03/05/2024 | Date of signature on the report by attorney-in-fact for Steven D. Jaeger. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.