Form 4: Stagwell Inc. Executive Vincenzo DiMaggio Reports Changes in Beneficial Ownership
SEC Form 4 Filing
SVP, Chief Accounting Officer of Stagwell Inc., Vincenzo DiMaggio, reports the forfeiture and tax withholding of Class A Common Stock.
Summary
- On March 31, 2025, Vincenzo DiMaggio, SVP, Chief Accounting Officer of Stagwell Inc., reported changes in beneficial ownership of Class A Common Stock.
- 4,985 shares of restricted stock were forfeited to the issuer in connection with the partial vesting of a restricted stock award.
- 9,150 shares were withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock at a price of $5.93.
- Following these transactions, DiMaggio beneficially owns 165,945 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard stock transactions, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard stock vesting and tax withholding procedures.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of the reported transactions (stock forfeiture and tax withholding). |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stagwell Inc, STGW, Vincenzo DiMaggio, Restricted Stock, Tax Withholding, Class A Common Stock
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