Quad/Graphics director granted 19,178 stock units
Fowler John C reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Fowler John C reported acquisition or exercise transactions in this Form 4 filing.
Quad/Graphics director John C. Fowler reported a compensation-related stock award. He received 19,178 deferred stock units tied to Class A common stock under the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan, bringing his direct Class A holdings to 268,220 shares.
The deferred stock units are scheduled to be delivered on May 20, 2028 unless Fowler elects to defer further or separates from service earlier. Any dividends or other distributions on the underlying Class A shares will accrue as additional deferred stock units. The filing also lists indirect interests in Class B Common Stock held as trustee for several family trusts, each convertible into Class A Common Stock on a 1-for-1 basis at no cost, with Fowler disclaiming beneficial ownership except for his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 19,178 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (7)
- F1. Includes 9,952 additional deferred stock units resulting from the payment of dividends on the class A common stock underlying deferred stock units previously granted.
- F2. Includes 19,178 shares attributable to deferred stock units granted under the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan that will be delivered to the reporting person on May 20, 2028 unless deferred by the reporting person, or on separation from service. Any dividend or other distribution paid with respect to class A common stock underlying the deferred stock units shall accrue and be converted into additional deferred stock units based on the closing price of class A common stock on any such dividend payable date.
- F3. Class B Common Stock is convertible into Class A Common Stock on a 1-for-1 basis at no cost and has no expiration date.
- F4. As Trustee for the Harry Virgil Flores 2017 Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F5. As Trustee for the Isabella Marion Flores 2017 Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F6. As Trustee for the Kaitlin Mary Flores 2017 Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F7. As Trustee for the KQF 2019 Descendants' Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
deferred stock units financial
2020 Omnibus Incentive Plan financial
pecuniary interest financial
Class B Common Stock financial
convertible into Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Quad/Graphics (QUAD) director John C. Fowler report in this Form 4?
How do the 19,178 deferred stock units for QUAD’s Fowler work?
How are dividends treated on Fowler’s Quad/Graphics deferred stock units?
What indirect Quad/Graphics holdings does Fowler report through family trusts?
Which incentive plan governs Fowler’s Quad/Graphics deferred stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.