Form 4: Stagwell Inc. CFO Frank Lanuto Reports Changes in Beneficial Ownership

Frank Lanuto, CFO of Stagwell Inc., reports the forfeiture and tax withholding of Class A Common Stock.

Summary

• On March 31, 2025, Frank Lanuto, the Chief Financial Officer of Stagwell Inc., reported changes in his beneficial ownership of the company's Class A Common Stock.
• He forfeited 26,974 shares of restricted stock to the issuer due to the partial vesting of a restricted stock award.
• Additionally, 66,948 shares were withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock at a price of $5.93 per share.
• Following these transactions, Lanuto directly owns 594,328 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral filing reflecting standard transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard practices related to stock-based compensation and tax obligations.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they relate to internal compensation adjustments.

Key Dates

Keywords

Stagwell Inc, Frank Lanuto, Form 4, Beneficial Ownership, Class A Common Stock, Restricted Stock, Tax Withholding, STGW