Stagwell EVP disposes 40K shares to issuer
Stagwell Inc EVP of Finance Frank P. Lanuto reported a disposition of Class A common stock back to the company.
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Rhea-AI Filing Summary
Stagwell Inc EVP of Finance Frank P. Lanuto reported a disposition of Class A common stock back to the company. He transferred 40,534 shares to Stagwell on a disposition-to-issuer basis at an average price of $6.1677 per share, reflecting a 1% discount to the closing price on the transaction date. Following this repurchase by the issuer, Lanuto directly holds 479,788 Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 40,534 | $6.1677 | $250K |
Footnotes (2)
- F1. Represents shares repurchased by the Issuer from the Reporting Person.
- 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 Frank P. Lanuto?
Was the Stagwell (STGW) insider transaction an open-market sale?
What role does Frank P. Lanuto hold at Stagwell (STGW) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.