Filing Details
- Accession Number:
- 0000950170-24-074527
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-06-17 20:51:22
- Reporting Period:
- 2024-06-13
- Accepted Time:
- 2024-06-17 20:51:22
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
876883 | Stagwell Inc | STGW | Services-Advertising Agencies (7311) | 980364441 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1447253 | J. Bradley Gross | 200 West Street New York NY 10282 | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2024-06-13 | 4,000,000 | $6.34 | 12,981,022 | No | 4 | S | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See Footnote |
Footnotes
- Reflects a repurchase of shares by Stagwell Inc. (the "Issuer") pursuant to a Share Repurchase Agreement, dated June 13, 2024.
- The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). GS Group is the direct owner of Broad Street Principal Investments, L.L.C., which directly holds 10,683,430 shares of Class A Common Stock of the Issuer, and Bridge Street Opportunity Advisors, L.L.C. is the general partner of each of StoneBridge 2017, L.P., which directly holds 1,597,531 shares of Class A Common Stock of the Issuer, and StoneBridge 2017 Offshore, L.P., which directly holds 566,259 shares of Class A Common Stock of the Issuer. Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 133,802 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.