Goldman-linked entities sell 2.16M Stagwell (STGW) shares to company
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,163,790 | $6.042 | $13.07M |
Footnotes (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.