[Form 4] Stagwell Inc Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samaha Eli reported acquisition or exercise transactions in this Form 4 filing.
Stagwell Inc. director Eli Samaha received a stock grant in lieu of cash fees for board service. Under the company’s Non-Employee Director Compensation Policy, he elected to take a $20,000 quarterly fee in 3,180 shares of Class A Common Stock valued at $6.29 per share.
After this grant, Samaha holds 145,103 Class A shares directly. An additional 8,014,322 shares are reported as held indirectly by funds managed by Madison Avenue Partners, LP, where he is managing partner; he disclaims beneficial ownership of those securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Samaha Eli
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,180 | $6.29 | $20K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 145,103 shares (Direct);
Class A Common Stock — 8,014,322 shares (Indirect, see footnote)
Footnotes (1)
- 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 $20,000 fee divided by the closing price of the Class A Common stock on the trading day immediately preceding the date of payment. These shares are held by funds managed by Madison Avenue Partners, LP. The Reporting Person is the managing partner of Madison Avenue Partners, LP. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of such securities.