Director at Stagwell (NASDAQ: STGW) awarded 22,970 RSUs vesting in 1 year
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SLATER RODNEY E reported acquisition or exercise transactions in this Form 4 filing.
Stagwell Inc director Rodney E. Slater received a grant of 22,970 restricted stock units of Class A Common Stock as part of his non-employee director compensation. Each unit represents the right to receive one share of Class A Common Stock and will vest in full on the first anniversary of the grant date. Following this award, Slater holds 140,680 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SLATER RODNEY E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,970 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 140,680 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 22,970 units
Post-transaction holdings: 140,680 shares
Grant price per share: $0.00 per share
3 metrics
RSU grant size
22,970 units
Restricted stock units granted to director as compensation
Post-transaction holdings
140,680 shares
Class A Common Stock directly owned after grant
Grant price per share
$0.00 per share
Compensation award, not open-market purchase
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 Rodney E. Slater report on this Form 4?
Rodney E. Slater reported receiving 22,970 restricted stock units of Stagwell Class A Common Stock. The grant is part of his non-employee director compensation and increases his direct holdings to 140,680 shares after the award.
When do Rodney E. Slater’s Stagwell (STGW) restricted stock units vest?
The restricted stock units will vest in full on the first anniversary of the grant date. Vesting means the contingent rights convert into actual shares of Class A Common Stock, assuming continued service through that vesting date.
What are Rodney E. Slater’s total Stagwell (STGW) holdings after this Form 4 transaction?
After the reported award, Rodney E. Slater beneficially owns 140,680 shares of Stagwell Class A Common Stock directly. This figure includes the effect of the 22,970 restricted stock units granted in the reported transaction.
Was Rodney E. Slater’s Stagwell (STGW) transaction a market buy or a compensation grant?
The transaction was a compensation grant, not a market purchase. The Form 4 shows transaction code A, described as a grant or award acquisition, with a price of $0.00 per share as part of non-employee director compensation.