Stagwell COO logs restricted stock forfeiture, tax shares
Stagwell Inc Chief Operating Officer Ryan Greene reported administrative share dispositions tied to restricted stock vesting.
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Rhea-AI Filing Summary
Stagwell Inc Chief Operating Officer Ryan Greene reported administrative share dispositions tied to restricted stock vesting. He forfeited 4,513 Class A shares back to the company in connection with partial vesting of a three-year, performance-based restricted stock award.
On the same date, 21,405 additional shares were withheld by Stagwell to cover tax obligations on the vesting of restricted stock at a price of $4.82 per share. After these non-market transactions, Greene directly owned 1,734,530 Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 4,513 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 21,405 | $4.82 | $103K |
Footnotes (2)
- F1. Represents shares of restricted stock forfeited to the issuer in connection with the partial vesting of a three-year financial performance-based restricted stock award.
- F2. Represents shares withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock.
FAQ
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What insider transactions did Stagwell (STGW) COO Ryan Greene report?
Were Ryan Greene’s Stagwell (STGW) Form 4 transactions open-market sales?
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