Stagwell (STGW) grants 22,970 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oosterman Wade reported acquisition or exercise transactions in this Form 4 filing.
Stagwell Inc director Wade Oosterman received a compensation grant of 22,970 restricted stock units (RSUs) of Class A Common Stock. Each RSU represents the right to receive one share and will vest in full on the first anniversary of the grant date. Following this award, Oosterman directly holds 203,936 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Oosterman Wade
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,970 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 203,936 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 22,970 units
Shares held after grant: 203,936 shares
RSU vesting schedule: Full vesting on first anniversary
+1 more
4 metrics
RSUs granted
22,970 units
Non-employee director compensation award
Shares held after grant
203,936 shares
Direct Class A Common Stock holdings following transaction
RSU vesting schedule
Full vesting on first anniversary
Vesting terms for the 22,970 RSUs
Reported transaction price
$0.00 per share
Equity award granted as compensation, not purchased in market
Key Terms
restricted stock units, non-employee director compensation, Class A Common Stock
3 terms
restricted stock units financial
"The reporting person was awarded restricted stock units as a component of non-employee director compensation."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director compensation financial
"The reporting person was awarded restricted stock units as a component of non-employee director compensation."
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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.
FAQ
What did Stagwell (STGW) director Wade Oosterman receive in this Form 4 filing?
Wade Oosterman received a grant of 22,970 restricted stock units (RSUs) of Stagwell Class A Common Stock as non-employee director compensation, according to the Form 4. These RSUs are part of his equity-based remuneration package.
When do Wade Oosterman’s Stagwell (STGW) RSUs vest?
The restricted stock units granted to Wade Oosterman vest in full on the first anniversary of the grant date. Once vested, each RSU converts into one share of Stagwell Class A Common Stock, increasing his directly held shares.
Is Wade Oosterman’s Stagwell (STGW) RSU grant an open-market purchase?
No, the transaction is classified as a grant or award acquisition, not an open-market purchase. The RSUs were awarded as non-employee director compensation at a reported transaction price of $0.00 per share in the filing.
What does each restricted stock unit represent for Stagwell (STGW)?
Each restricted stock unit granted to Wade Oosterman represents a contingent right to receive one share of Stagwell Class A Common Stock. The units convert into actual shares only after they fully vest on the first anniversary of the grant.