Stagwell director receives $17,500 stock fee award
Stagwell Inc director Vaughan A. Brandt acquired 2,782 shares of Class A Common Stock as a grant under the company’s Non-Employee Director Compensation Policy.
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Rhea-AI Filing Summary
Stagwell Inc director Vaughan A. Brandt acquired 2,782 shares of Class A Common Stock as a grant under the company’s Non-Employee Director Compensation Policy. The award represents a quarterly board fee of $17,500, calculated using a reference price of $6.29 per share. After this stock-based fee payment, Brandt directly holds 195,179 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,782 | $6.29 | $17K |
Footnotes (1)
- F1. 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 $17,500 fee divided by the closing price of the Class A Common stock on the trading day immediately preceding the date of payment.
Key Figures
Key Terms
Non-Employee Director Compensation Policy financial
fully vested Class A Common Stock financial
closing price financial
FAQ
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What insider transaction did Stagwell (STGW) director Vaughan A. Brandt report?
Is the Stagwell (STGW) director’s Form 4 transaction a market purchase or sale?
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