Form 4: Stagwell Inc. COO Ryan Greene Reports Stock Transaction
SEC Form 4 Filing
Ryan Greene, Chief Operating Officer of Stagwell Inc., reports the disposal of 20,522 shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 23, 2024, Ryan Greene, the Chief Operating Officer of Stagwell Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the disposal of 20,522 shares at a price of $6.9 per share.
- These shares were withheld by the issuer to satisfy tax withholding requirements related to the vesting of restricted stock.
- Following the transaction, Greene beneficially owns 195,848 shares of Stagwell Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transaction |
| 02/27/2024 | Date of signature on the Form 4 filing |
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