STOCK TITAN

Goldman-linked entities sell 2.16M Stagwell (STGW) shares to company

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Stagwell Inc. entered into a share repurchase transaction involving entities associated with Goldman Sachs. On May 4, 2026, a total of 2,163,790 shares of Stagwell Class A Common Stock were sold at $6.0420 per share under a Share Repurchase Agreement with the company.

The shares were directly held by StoneBridge 2017, L.P., which sold 1,597,531 shares, and StoneBridge 2017 Offshore, L.P., which sold 566,259 shares. These entities are ultimately associated with The Goldman Sachs Group, Inc. Following the transaction, Goldman Sachs beneficially owned directly and GS Group may be deemed to beneficially own indirectly 8,789 shares of Stagwell Class A Common Stock.

Director Bradley J. Gross, a managing director of Goldman Sachs, is the reporting person but disclaims beneficial ownership of the securities reported except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Gross Bradley J.
Role null
Sold 2,163,790 shs ($13.07M)
Type Security Shares Price Value
Sale Class A Common Stock 2,163,790 $6.042 $13.07M
Holdings After Transaction: Class A Common Stock — 8,789 shares (Indirect, See Footnotes)
Footnotes (1)
  1. Reflects a repurchase of shares by Stagwell Inc. (the "Issuer") pursuant to a Share Repurchase Agreement, dated May 4, 2026. The Reporting Person is a managing director of Goldman Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). GS Group is the direct owner of Bridge Street Opportunity Advisors, L.L.C., the general partner of each of StoneBridge 2017, L.P., which directly held 1,597,531 shares of Class A Common Stock of the Issuer reported as sold herein, and StoneBridge 2017 Offshore, L.P., which directly held 566,259 shares of Class A Common Stock of the Issuer reported as sold herein. Goldman Sachs beneficially owned directly and GS Group may be deemed to have beneficially owned indirectly 8,789 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
Shares sold 2,163,790 shares Class A Common Stock sold on May 4, 2026
Sale price $6.0420 per share Price for Stagwell Class A Common Stock in repurchase
StoneBridge 2017 sale 1,597,531 shares Shares of Class A Common Stock sold by StoneBridge 2017, L.P.
StoneBridge 2017 Offshore sale 566,259 shares Shares of Class A Common Stock sold by StoneBridge 2017 Offshore, L.P.
Shares beneficially owned after 8,789 shares Class A Common Stock beneficially owned directly by Goldman Sachs
Share Repurchase Agreement financial
"Reflects a repurchase of shares by Stagwell Inc. pursuant to a Share Repurchase Agreement, dated May 4, 2026."
A share repurchase agreement is a contract where a company agrees to buy back its own shares from existing holders under specified terms, such as price and timing. For investors this matters because buying back shares reduces the number of shares available, which can increase earnings per share and raise the value of remaining shares, but it also uses the company’s cash—similar to a store buying back products to shrink supply and potentially lift prices.
beneficially owned financial
"Goldman Sachs beneficially owned directly and GS Group may be deemed to have beneficially owned indirectly 8,789 shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
managing director financial
"The Reporting Person is a managing director of Goldman Sachs & Co."
general partner financial
"Bridge Street Opportunity Advisors, L.L.C., the general partner of each of StoneBridge 2017, L.P. and StoneBridge 2017 Offshore, L.P."
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
Class A Common Stock financial
"Class A Common Stock of the Issuer reported as sold herein"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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*
Gross Bradley J.

(Last)(First)(Middle)
200 WEST STREET

(Street)
NEW YORK NEW YORK 10282

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Stagwell Inc [ STGW ]
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)
05/04/2026
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 Stock05/04/2026S(1)2,163,790D$6.0428,789ISee Footnotes(2)
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. Reflects a repurchase of shares by Stagwell Inc. (the "Issuer") pursuant to a Share Repurchase Agreement, dated May 4, 2026.
2. The Reporting Person is a managing director of Goldman Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). GS Group is the direct owner of Bridge Street Opportunity Advisors, L.L.C., the general partner of each of StoneBridge 2017, L.P., which directly held 1,597,531 shares of Class A Common Stock of the Issuer reported as sold herein, and StoneBridge 2017 Offshore, L.P., which directly held 566,259 shares of Class A Common Stock of the Issuer reported as sold herein. Goldman Sachs beneficially owned directly and GS Group may be deemed to have beneficially owned indirectly 8,789 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
Remarks:
/s/ Crystal Orgill, Attorney-in-fact05/05/2026
** 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 Stagwell Inc (STGW) report in this Form 4?

Stagwell reported a sale of 2,163,790 shares of Class A Common Stock at $6.0420 per share. The sale reflects a repurchase of shares by Stagwell under a Share Repurchase Agreement dated May 4, 2026.

Who actually sold Stagwell (STGW) shares in this Form 4 filing?

The shares were sold by StoneBridge 2017, L.P. and StoneBridge 2017 Offshore, L.P. StoneBridge 2017 sold 1,597,531 shares and StoneBridge 2017 Offshore sold 566,259 shares, with both entities ultimately associated with The Goldman Sachs Group, Inc.

What was the price for the Stagwell (STGW) shares sold in this transaction?

The 2,163,790 Stagwell Class A Common Stock shares were sold at $6.0420 per share. This price applies to the entire block sold pursuant to the Share Repurchase Agreement dated May 4, 2026 with Stagwell Inc.

How many Stagwell (STGW) shares remained held by Goldman Sachs after the sale?

After the transaction, Goldman Sachs beneficially owned directly 8,789 shares of Stagwell Class A Common Stock. The Goldman Sachs Group, Inc. may be deemed to have indirectly beneficially owned the same 8,789 shares following the repurchase transaction.

What role does Bradley J. Gross have in the Stagwell (STGW) Form 4 filing?

Bradley J. Gross is a director of Stagwell and a managing director of Goldman Sachs. He is the reporting person on the Form 4 but disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest he may have.

What is the nature of Stagwell’s share repurchase noted in this Form 4?

The filing states the transaction reflects a repurchase of shares by Stagwell Inc. under a Share Repurchase Agreement dated May 4, 2026. The repurchase involved 2,163,790 Class A Common Stock shares held by StoneBridge 2017 and StoneBridge 2017 Offshore.