Form 4: Stagwell Director Eli Samaha Elects Stock Compensation for Board Service

Stagwell Inc. Director Eli Samaha elected to receive 4,444 shares of Class A Common Stock in lieu of a cash payment for quarterly board service, increasing his direct beneficial ownership to 134,281 shares.

Summary

• Eli Samaha, a Director of Stagwell Inc. (STGW), acquired 4,444 shares of Class A Common Stock on July 1, 2025.
• The shares were acquired at a price of $4.5 per share.
• This acquisition was made as payment for quarterly fees for service on the Issuer's Board of Directors, in lieu of a cash payment, pursuant to the Issuer's Non-Employee Director Compensation Policy.
• The number of shares was calculated based on a $20,000 fee divided by the closing price of the Class A Common stock on the trading day immediately preceding the date of payment.
• Following this transaction, Eli Samaha directly beneficially owns 134,281 shares of Class A Common Stock.
• Additionally, 8,014,322 shares are indirectly beneficially owned through funds managed by Madison Avenue Partners, LP, where Eli Samaha is the managing partner.

Sentiment

Score: 7

Explanation: The director's election to receive stock compensation instead of cash for board service indicates alignment with shareholder interests and confidence in the company's future performance.

Positives

• Director Eli Samaha elected to receive fully vested Class A Common Stock instead of cash for board service, indicating alignment of interests with shareholders.
• The acquisition increases the director's direct beneficial ownership in the company.

Future Outlook

NA

Management Comments

• Pursuant to the Issuer's Non-Employee Director Compensation Policy, the reporting person elected to receive payment of quarterly fees for service on the Issuer's Board of Directors in shares of fully vested Class A Common Stock in lieu of a cash payment.
• The number of shares was calculated based on a $20,000 fee divided by the closing price of the Class A Common stock on the trading day immediately preceding the date of payment.
• The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein.

Industry Context

NA

Corporate Governance

Related Party Transactions

• Eli Samaha, as managing partner of Madison Avenue Partners, LP, indirectly beneficially owns 8,014,322 shares held by funds managed by Madison Avenue Partners, LP. He disclaims beneficial ownership except for his pecuniary interest.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders due to stock-based compensation.

Key Dates

Keywords

Stagwell Inc., STGW, Eli Samaha, Form 4, SEC filing, director compensation, stock compensation, insider transaction, beneficial ownership, Class A Common Stock