Stagwell (STGW) COO Ryan Greene disposes shares for vesting and tax withholding
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,918 shares
Net Sell
2 txns
Insider
Greene Ryan
Role
Chief Operating Officer
| 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 |
Holdings After Transaction:
Class A Common Stock — 1,734,530 shares (Direct)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Stagwell (STGW) COO Ryan Greene report?
Ryan Greene reported two administrative dispositions of Stagwell Class A shares. He forfeited 4,513 shares tied to a performance-based restricted stock award and had 21,405 shares withheld to cover tax obligations on restricted stock vesting, with no open-market sale reported.
Were Ryan Greene’s Stagwell (STGW) Form 4 transactions open-market sales?
The Form 4 does not show open-market sales. It reports a disposition to the issuer and a tax-withholding disposition, where 4,513 shares were forfeited and 21,405 shares were withheld by Stagwell in connection with restricted stock vesting and related tax obligations.