Form 4: Stagwell Inc. General Counsel Peter McElligott Reports Changes in Beneficial Ownership

Peter McElligott, General Counsel of Stagwell Inc., reports the forfeiture and tax withholding of Class A Common Stock shares.

Summary

• On March 31, 2025, Peter McElligott, General Counsel of Stagwell Inc., reported changes in his beneficial ownership of Stagwell Inc. Class A Common Stock.
• He forfeited 4,028 shares of restricted stock to the issuer due to partial vesting of a restricted stock award.
• Additionally, 9,054 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, McElligott's direct ownership of Class A Common Stock is 106,259 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a standard SEC Form 4, used to report changes in beneficial ownership by company insiders. It provides transparency into the transactions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

Keywords

Beneficial Ownership, Form 4, Stagwell Inc, STGW, Peter McElligott, Restricted Stock, Tax Withholding, Securities