STOCK TITAN

Director at Quad/Graphics (QUAD) disposes shares at $8.28

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Quad/Graphics, Inc. director Beth-Ann Eason reported a disposition of 30,738 shares of Class A Common Stock to the issuer at a weighted average price of $8.28 per share. The prices received ranged from $8.09 to $8.37 across the transactions.

After this activity, Eason directly holds 67,143 shares, which include 50,609 shares attributable to deferred stock units and related dividend equivalents granted under the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan.

Positive

  • None.

Negative

  • None.
Insider Eason Beth-Ann
Role null
Type Security Shares Price Value
Disposition Class A Common Stock 30,738 $8.28 $255K
Holdings After Transaction: Class A Common Stock — 67,143 shares (Direct, null)
Footnotes (1)
  1. The price in Column 4 is a weighted average price. The prices actually received ranged from $8.09 to $8.37. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price. Includes 50,609 shares attributable to deferred stock units and dividend equivalents. The deferred stock units were granted under the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan.
Shares disposed 30,738 shares Class A Common Stock, disposition to issuer
Weighted average price $8.28 per share Consideration for disposed shares
Price range $8.09–$8.37 per share Range of prices for reported transactions
Shares after transaction 67,143 shares Total direct holdings following disposition
Deferred stock units and equivalents 50,609 shares Portion of holdings from deferred stock units and dividend equivalents
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
deferred stock units financial
"Includes 50,609 shares attributable to deferred stock units and dividend equivalents."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalents financial
"Includes 50,609 shares attributable to deferred stock units and dividend equivalents."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
2020 Omnibus Incentive Plan financial
"The deferred stock units were granted under the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan."
disposition to issuer financial
"transaction_code_description: Disposition to issuer"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Eason Beth-Ann

(Last)(First)(Middle)
C/O QUAD/GRAPHICS, INC.
N61 W23044 HARRY'S WAY

(Street)
SUSSEX WISCONSIN 53089

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Quad/Graphics, Inc. [ QUAD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock05/01/2026D30,738D$8.28(1)67,143(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price in Column 4 is a weighted average price. The prices actually received ranged from $8.09 to $8.37. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
2. Includes 50,609 shares attributable to deferred stock units and dividend equivalents. The deferred stock units were granted under the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan.
/s/ Alexander N. Pyke, attorney-in-fact for Beth-Ann Eason05/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Quad/Graphics (QUAD) director Beth-Ann Eason report?

Beth-Ann Eason reported disposing of 30,738 shares of Quad/Graphics Class A Common Stock to the issuer. The transaction used a weighted average price of $8.28 per share, based on individual trades priced between $8.09 and $8.37.

At what prices did Beth-Ann Eason’s Quad/Graphics (QUAD) share disposition occur?

The disposition used a weighted average price of $8.28 per share. Individual transaction prices ranged from $8.09 to $8.37, and detailed share counts at each price are available from the company, security holders, or SEC staff upon request.

How many Quad/Graphics (QUAD) shares does Beth-Ann Eason hold after this Form 4 transaction?

Following the reported disposition, Beth-Ann Eason directly holds 67,143 Quad/Graphics shares. This figure includes 50,609 shares attributable to deferred stock units and related dividend equivalents granted under the company’s 2020 Omnibus Incentive Plan.

What does the Form 4 say about deferred stock units for Quad/Graphics (QUAD) director Beth-Ann Eason?

The filing notes that 50,609 of Beth-Ann Eason’s post-transaction shares are attributable to deferred stock units and dividend equivalents. These awards were granted under the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan as part of her director compensation.

Is Beth-Ann Eason’s Quad/Graphics (QUAD) transaction an open-market sale or disposition to the issuer?

The transaction is coded as a disposition to the issuer under Form 4 rules. The filing describes it using a weighted average price method, with share prices ranging from $8.09 to $8.37, but characterizes the event as a disposition rather than an open-market sale.