Stagwell director granted 2,355 shares as board fee
Stagwell Inc director Brandt A. Vaughan reported receiving a grant of Class A Common Stock as part of his board compensation.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,355 | $7.43 | $17K |
Footnotes (1)
- F1. Pursuant to the Issuer's Non-Employee Director Compensation Policy, the reporting person elected to receive payment of quarterly fees for service on the Issuer's Board of Directors in shares of fully vested Class A Common Stock in lieu of a cash payment. The number of shares was calculated based on a $17,500 fee divided by the closing price of the Class A Common stock on the trading day immediately preceding the date of payment.
Key Figures
Key Terms
Non-Employee Director Compensation Policy financial
fully vested Class A Common Stock financial
Class A Common Stock financial
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Stagwell (STGW) director Brandt Vaughan report?
Was the Stagwell (STGW) Form 4 transaction a stock purchase or a compensation grant?
What is Brandt Vaughan’s Stagwell (STGW) ownership after this Form 4 grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.