Quad (QUAD) insider plans sale of 18,390 shares in Form 144

Quad/Graphics, Inc. (QUAD) reported a planned insider sale of Class A common stock under Rule 144.

Accepted by SEC EDGAR 11/20/2025 - 11:21 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Quad/Graphics, Inc. (QUAD) reported a planned insider sale of Class A common stock under Rule 144. A holder filed to sell up to 18,390 shares of Class A common stock through broker Robert W. Baird & Co. on the NYSE, with an approximate sale date of 11/20/2025 and an aggregate market value of 95,260.20. The filing shows these shares were originally acquired on 01/01/2022 as equity compensation from Quad/Graphics, Inc., with 18,390 securities vesting as restricted stock awards on 03/01/2025. Shares outstanding were 37,619,392; this is a baseline figure, not the amount being sold.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Quad/Graphics (QUAD) Form 144 filing report?

The Form 144 reports a planned sale of up to 18,390 shares of Quad/Graphics, Inc. Class A common stock by an affiliate under Rule 144.

How many QUAD shares are planned to be sold and on which exchange?

The notice covers up to 18,390 Class A common shares to be sold on the NYSE.

What is the aggregate market value of the QUAD shares in this Form 144?

The Form 144 lists an aggregate market value of 95,260.20 for the 18,390 Quad/Graphics Class A shares to be sold.

When is the planned sale date for the Quad/Graphics shares?

The approximate date of sale disclosed is 11/20/2025.

How were the QUAD shares in this Form 144 originally acquired?

The shares were acquired as equity compensation from Quad/Graphics, Inc., with 18,390 securities acquired on 01/01/2022 and vesting as restricted stock awards on 03/01/2025.

How many Quad/Graphics Class A shares are outstanding in this notice?

The Form 144 lists 37,619,392 Class A common shares as outstanding, which is a baseline share count referenced in the filing.

Which broker is handling the planned QUAD share sale?

The planned sale is listed through Robert W. Baird & Co., located at 777 East Wisconsin Avenue, Milwaukee, WI 53202.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001869366
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Quad/Graphics, Inc.
SEC File Number	001-34806
Address of Issuer	N61 W23044 HARRY'S WAY SUSSEX WISCONSIN 53089-3995
Phone	414-566-6000
Name of Person for Whose Account the Securities are To Be Sold	Golden Joshua J
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A common stock	Robert W. Baird & Co. 777 East Wisconsin Avenue Milwaukee WI 53202	18390	95260.20	37619392	11/20/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common stock	01/01/2022	Equity compensation	Quad/Graphics, Inc.			18390	03/01/2025	RSA vesting

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	11/20/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Alexander N. Pyke, as attorney-in-fact for Joshua J. Golden
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)