Stagwell president disposes shares to cover taxes

Stagwell Inc’s President, Jay Leveton, disposed of 664,754 shares of Class A Common Stock on March 11, 2026, through a repurchase by the company.

Accepted by SEC EDGAR 03/13/2026 - 07:32 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Stagwell Inc’s President, Jay Leveton, disposed of 664,754 shares of Class A Common Stock on March 11, 2026, through a repurchase by the company. The shares were repurchased to satisfy his tax obligations arising from an April 4, 2025 exchange of Class C for Class A shares and were priced at $6.1677 each, reflecting a 1% discount to the closing price on the transaction date. After this tax-related issuer repurchase, Leveton directly holds 1,912,414 Class A shares.

Insights

Equity compensation and governance analyst

Large insider disposition is a tax-driven issuer repurchase, not an open-market sale.

The transaction shows Stagwell President Jay Leveton disposing of 664,754 Class A shares at $6.1677 per share. Footnotes state the company repurchased these shares to cover tax obligations from an earlier exchange of Class C into Class A stock.

This is an issuer disposition rather than a market trade, so it carries weaker signaling than an open-market sale. Leveton retains 1,912,414 Class A shares following the transaction, indicating a substantial continuing equity stake despite the tax-driven reduction.

Insider Trade Summary

Disposition: 664,754 shares

Disposition 1 txn

Insider Leveton Jay

Role President

Type	Security	Shares	Price	Value
Disposition	Class A Common Stock	664,754	$6.1677	$4.10M

Holdings After Transaction: Class A Common Stock — 1,912,414 shares (Direct)

Holdings Before and After: Class A Common Stock, 2,577,168 to 1,912,414 shares (Direct)

Footnotes (2)

1. F1. Represents shares repurchased by the Issuer from the Reporting Person in connection with the Reporting Person's tax obligations resulting from the April 4, 2025 exchange by Stagwell Media LP of shares of Class C Common Stock of the Issuer, together with the corresponding interest in a subsidiary of the Issuer, for shares of Class A Common Stock (the "Exchange"). The shares repurchased are a portion of the shares distributed to the Reporting Person as a result of the Exchange.
2. F2. Reflects a 1% discount to the closing price of the Class A Common Stock on the transaction date.

FAQ

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

What insider transaction did Stagwell (STGW) report for President Jay Leveton?

Stagwell reported that President Jay Leveton disposed of 664,754 Class A Common Stock shares. The shares were repurchased by the company, not sold on the open market, in connection with his tax obligations from an earlier exchange of Class C into Class A shares.

Why were Jay Leveton’s Stagwell (STGW) shares repurchased by the company?

The repurchase covered Jay Leveton’s tax obligations from an April 4, 2025 exchange of Class C for Class A shares. A portion of the Class A shares distributed in that exchange was bought back by Stagwell to satisfy these tax liabilities, according to the footnotes.

At what price were the 664,754 Stagwell (STGW) shares transacted for Jay Leveton?

The 664,754 Class A shares tied to Jay Leveton’s tax obligations were repurchased at $6.1677 per share. Footnotes note this price reflects a 1% discount to the Class A Common Stock closing price on the March 11, 2026 transaction date.

How many Stagwell (STGW) shares does Jay Leveton hold after this Form 4 transaction?

After the issuer repurchase of 664,754 Class A shares, Jay Leveton directly holds 1,912,414 Class A Common Stock shares. This remaining stake, disclosed in the filing, indicates he continues to have significant direct ownership in Stagwell following the tax-related disposition.

Was Jay Leveton’s Stagwell (STGW) share disposition an open-market sale?

No, the transaction was classified as a disposition to the issuer, not an open-market sale. Stagwell repurchased the shares from Jay Leveton specifically to cover his tax obligations related to a prior share exchange, as detailed in the Form 4 footnotes.

What does the Form 4 say about the pricing of Stagwell (STGW) share repurchase from Jay Leveton?

The Form 4 states the Class A shares were repurchased at $6.1677 per share. A footnote explains that this represents a 1% discount to the Class A Common Stock closing price on the March 11, 2026 transaction date for this issuer repurchase.

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

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SEC Form 4

FORM 4

UNITED 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^*

Leveton Jay

(Last) (First) (Middle)

C/O STAGWELL INC.

ONE WORLD TRADE CENTER, FLOOR 65

(Street)

NEW YORK NY 10007

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Stagwell Inc [ STGW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/11/2026		D		664,754(1)	D	$6.1677(2)	1,912,414	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares repurchased by the Issuer from the Reporting Person in connection with the Reporting Person's tax obligations resulting from the April 4, 2025 exchange by Stagwell Media LP of shares of Class C Common Stock of the Issuer, together with the corresponding interest in a subsidiary of the Issuer, for shares of Class A Common Stock (the "Exchange"). The shares repurchased are a portion of the shares distributed to the Reporting Person as a result of the Exchange.

2. Reflects a 1% discount to the closing price of the Class A Common Stock on the transaction date.

	/s/ Jay Leveton	03/13/2026
	** Signature of Reporting Person	Date
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.