Quad/Graphics (NYSE: QUAD) CEO reports tax-related share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quad/Graphics, Inc. Chairman & CEO J. Joel Quadracci reported a tax-related share withholding rather than an open-market trade. On Class A Common Stock, 176,536 shares were disposed of at $6.91 per share to satisfy tax liabilities tied to previously granted restricted stock that vested.
After this withholding, Quadracci directly holds 2,424,441 Class A shares and additional Class A shares through a company savings plan. He also has direct and indirect positions in Class B Common Stock, including interests held as trustee of several family trusts, where he disclaims beneficial ownership beyond his pecuniary interest. Class B shares are convertible into Class A on a 1‑for‑1 basis at no cost and have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Quadracci J Joel
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 176,536 | $6.91 | $1.22M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,424,441 shares (Direct);
Class B Common Stock — 229,364 shares (Direct);
Class B Common Stock — 2,354 shares (Indirect, As Trustee - AQH Tr);
Class A Common Stock — 4,456.688 shares (Indirect, By 401(a) Plan)
Footnotes (1)
- Reflects payment of tax liability by withholding shares of stock incident to the vesting of restricted stock previously issued. Shares acquired under the Company Savings Plan based on information furnished by the Plan Administrator as of 02/28/2026. Class B Common Stock is convertible into Class A Common Stock on a 1-for-1 basis at no cost and has no expiration date. As Trustee for the Alexander Q. Harned 2007 Trust. The reporting person is a trustee of the trust and/or is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. As Trustee for the Elizabeth Quadracci Harned 2003 Trust. The reporting person is a trustee of the trust and/or is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. As Trustee for the HVQ 1992 Descendants Trust f/b/o J. Joel Quadracci. The reporting person is a trustee of the trust and/or is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. As Trustee for the Kathryn B. Harned 2004 Trust. The reporting person is a trustee of the trust and/or is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. As Trustee for the William V. Harned 2006 Trust. The reporting person is a trustee of the trust and/or is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
FAQ
What insider transaction did Quad/Graphics (QUAD) report for J. Joel Quadracci?
Quad/Graphics reported a tax-related share withholding for Chairman & CEO J. Joel Quadracci. 176,536 shares of Class A Common Stock were disposed of to cover tax liabilities arising from the vesting of previously issued restricted stock, rather than through an open-market sale.
Is this Quad/Graphics insider transaction an open-market sale or tax withholding?
The transaction is explicitly described as tax withholding, not an open-market sale. Shares were withheld to pay tax liabilities upon vesting of previously granted restricted stock, a routine equity compensation event rather than a discretionary decision to sell shares into the market.