Stagwell (STGW) COO Ryan Greene disposes shares for vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Greene Ryan
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 4,513 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 21,405 | $4.82 | $103K |
Holdings After Transaction:
Class A Common Stock — 1,755,935 shares (Direct)
Footnotes (1)
- 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. Represents shares withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock.
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.