Stagwell (STGW) director takes $17,500 board fee in 2,355 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stagwell Inc director Brandt A. Vaughan reported receiving a grant of Class A Common Stock as part of his board compensation. On July 1, he acquired 2,355 fully vested shares valued at $7.43 each, instead of taking a $17,500 quarterly cash fee. Following this award, he directly holds 220,504 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vaughan Brandt A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,355 | $7.43 | $17K |
Holdings After Transaction:
Class A Common Stock — 220,504 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,355 shares
Implied board fee: $17,500
Grant valuation price: $7.43 per share
+1 more
4 metrics
Shares granted
2,355 shares
Quarterly board fee paid in stock
Implied board fee
$17,500
Quarterly director compensation converted to shares
Grant valuation price
$7.43 per share
Closing price used to calculate share grant
Shares owned after grant
220,504 shares
Director’s direct Class A holdings post-transaction
Key Terms
Non-Employee Director Compensation Policy, fully vested Class A Common Stock, Class A Common Stock, Grant, award, or other acquisition
4 terms
Non-Employee Director Compensation Policy financial
"Pursuant to the Issuer's Non-Employee Director Compensation Policy, the reporting person elected to receive payment..."
fully vested Class A Common Stock financial
"...in shares of fully vested Class A Common Stock in lieu of a cash payment."
Class A Common Stock financial
"The number of shares was calculated based on a $17,500 fee divided by the closing price of the 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Stagwell (STGW) director Brandt Vaughan report?
Director Brandt A. Vaughan reported receiving 2,355 shares of Stagwell Class A Common Stock. The shares were granted as part of his board compensation, rather than purchased in the open market, and are fully vested upon issuance under the company’s director policy.
Was the Stagwell (STGW) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not an open-market stock purchase. Vaughan elected to receive his quarterly board fee in fully vested Class A Common Stock instead of cash, consistent with Stagwell’s Non-Employee Director Compensation Policy and labeled as a grant acquisition.
What is Brandt Vaughan’s Stagwell (STGW) ownership after this Form 4 grant?
After the reported grant, Vaughan directly holds 220,504 shares of Stagwell Class A Common Stock. This figure reflects his position following the award of 2,355 fully vested shares in lieu of a cash board fee under the director compensation policy.