STOCK TITAN

Stagwell (STGW) General Counsel records forfeiture and tax-share disposals

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

Rhea-AI Filing Summary

Stagwell Inc General Counsel Peter McElligott reported two stock dispositions related to equity compensation on Class A Common Stock. On the first transaction, he disposed of 1,831 shares at $0.00 per share in a disposition to the issuer, leaving him with 104,428 shares. A footnote explains these shares were restricted stock forfeited to the issuer upon partial vesting of a three-year performance-based award.

In a second transaction on the same date, he disposed of 10,121 shares at $4.82 per share through a tax-withholding disposition, leaving him with 94,307 directly owned shares. A footnote states these shares were withheld by the issuer to satisfy tax withholding requirements on the vesting of restricted stock, rather than being sold in the open market.

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Insider McElligott Peter
Role General Counsel
Type Security Shares Price Value
Disposition Class A Common Stock 1,831 $0.00 --
Tax Withholding Class A Common Stock 10,121 $4.82 $49K
Holdings After Transaction: Class A Common Stock — 104,428 shares (Direct)
Footnotes (1)
  1. Represents shares of restricted stock forfeited to the issuer in connection with the partial vesting of a three-year financial performance-based restricted stock award. Represents shares withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock.
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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*
McElligott Peter

(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)
General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 D 1,831(1) D $0 104,428 D
Class A Common Stock 03/03/2026 F 10,121(2) D $4.82 94,307 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 of restricted stock forfeited to the issuer in connection with the partial vesting of a three-year financial performance-based restricted stock award.
2. Represents shares withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock.
/s/ Peter McElligott 03/05/2026
** 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.

FAQ

What insider transactions did STGW General Counsel Peter McElligott report?

Peter McElligott reported two stock dispositions in Stagwell Inc Class A shares. One was a forfeiture of 1,831 restricted shares to the issuer, and the other was 10,121 shares withheld to cover taxes on restricted stock vesting.

Were Peter McElligott’s STGW transactions open-market sales?

No, the transactions were not open-market sales. One involved forfeiting restricted shares back to Stagwell Inc, and the other involved shares withheld by the company to satisfy tax withholding on restricted stock vesting.

How many STGW shares does Peter McElligott own after these transactions?

After the reported transactions, Peter McElligott directly owns 94,307 shares of Stagwell Inc Class A Common Stock. This figure reflects the effects of both the forfeited restricted shares and the shares withheld for tax purposes.

Why were 1,831 STGW shares forfeited by Peter McElligott?

The 1,831 shares were forfeited to Stagwell Inc in connection with the partial vesting of a three-year financial performance-based restricted stock award, as explained in the Form 4 footnote describing the disposition to the issuer.

Why were 10,121 STGW shares withheld in Peter McElligott’s Form 4?

The 10,121 shares were withheld by Stagwell Inc to satisfy tax withholding requirements on the vesting of restricted stock. The Form 4 footnote clarifies this was a tax-withholding disposition, not a voluntary sale in the market.