Form 4: Stagwell Inc. Director Eli Samaha Acquires Shares in Lieu of Cash Compensation

Director Eli Samaha acquired 2,933 shares of Stagwell Inc. Class A Common Stock in lieu of cash compensation for board service.

Summary

• On July 1, 2024, Eli Samaha, a director of Stagwell Inc., acquired 2,933 shares of Class A Common Stock.
• The acquisition was made in lieu of a $20,000 cash payment for quarterly fees for service on the Issuer's Board of Directors.
• The price per share was $6.82, based on the closing price of the Class A Common Stock on the trading day immediately preceding the date of payment.
• Following the transaction, Samaha directly owns 90,643 shares of Class A Common Stock.
• Samaha also indirectly owns 7,147,662 shares through funds managed by Madison Avenue Partners, LP, where he is the managing partner.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director taking shares in lieu of cash is generally seen as a positive sign, indicating confidence in the company's stock.

Positives

• The director's decision to take shares in lieu of cash demonstrates confidence in the company's future.

Industry Context

Directors often receive compensation in the form of stock to align their interests with those of shareholders. This transaction is a standard practice in corporate governance.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates