Stagwell CEO granted 389,432 RSUs
Penn Mark Jeffery reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Penn Mark Jeffery reported acquisition or exercise transactions in this Form 4 filing.
Stagwell Inc Chief Executive Officer Mark Jeffery Penn received a grant of 389,432 restricted stock units of Class A common stock on April 1, 2026. Each unit gives him one share when it vests on April 1, 2027, if he continues in service through that date.
After this award, he directly holds 23,014,990 Class A shares. Separately, 2,000,000 Class A shares are held indirectly through The Stagwell Group LLC, which is controlled by him. The filing reflects a compensation-related equity grant rather than any market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 389,432 shares
Grant/Award
2 txns
Insider
Penn Mark Jeffery
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 389,432 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 23,014,990 shares (Direct);
Class A Common Stock — 2,000,000 shares (Indirect, See Footnote)
Footnotes (2)
- F1. Security represents restricted stock units awarded to the Reporting Person on April 1, 2026. Each restricted stock unit represents the right to receive one share of Class A common stock of the Issuer upon vesting. The restricted stock units will vest on April 1, 2027, subject to the Reporting Person's continued service through such date.
- F2. The shares are held by The Stagwell Group LLC ("Stagwell Group"). The Reporting Person is the controlling person of Stagwell Group.
Key Figures
RSUs granted: 389,432 units
Vesting date: April 1, 2027
Direct holdings post-transaction: 23,014,990 shares
+2 more
5 metrics
RSUs granted
389,432 units
Restricted stock units awarded April 1, 2026
Vesting date
April 1, 2027
RSUs vest subject to continued service
Direct holdings post-transaction
23,014,990 shares
Class A common stock directly held after grant
Indirect holdings
2,000,000 shares
Class A shares held by The Stagwell Group LLC
Grant price per unit
$0.00 per unit
Equity compensation, not a market purchase
Key Terms
restricted stock units, vest, Class A common stock, indirect, +1 more
5 terms
restricted stock units financial
"Security represents restricted stock units awarded to the Reporting Person on April 1, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"The restricted stock units will vest on April 1, 2027, subject to the Reporting Person's continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Class A common stock financial
"Each restricted stock unit represents the right to receive one share of Class A common stock of the Issuer upon vesting."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect financial
"The shares are held by The Stagwell Group LLC ("Stagwell Group"). The Reporting Person is the controlling person"
controlling person financial
"The Reporting Person is the controlling person of Stagwell Group."
A controlling person is an individual or entity that can direct a company’s decisions and strategy through ownership, voting power, board control, or other influence — like the captain of a ship who sets course. For investors, who holds that control matters because it shapes management choices, risk tolerance, potential conflicts of interest, and the likelihood of major actions such as mergers, dividend changes, or management shifts.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Stagwell (STGW) CEO Mark Penn receive in this Form 4 filing?
Stagwell CEO Mark Penn received a grant of 389,432 restricted stock units of Class A common stock. These stock-based awards are compensation, not market purchases, and will convert into shares only if vesting conditions are satisfied, aligning leadership incentives with long-term shareholder value.
When do Mark Penn’s new restricted stock units in Stagwell (STGW) vest?
The newly granted 389,432 restricted stock units will vest on April 1, 2027. Vesting is conditional on Mark Penn’s continued service through that date, meaning the shares are earned over time rather than immediately, supporting retention and long-term alignment with Stagwell’s performance.
What is The Stagwell Group LLC’s role in Mark Penn’s Stagwell (STGW) holdings?
The filing states that 2,000,000 Stagwell Class A shares are held by The Stagwell Group LLC. Mark Penn is identified as the controlling person of this entity, so those shares are reported as indirect ownership, in addition to his substantial direct holdings in the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
