Stagwell (STGW) awards 22,970 RSUs to board member Rogers
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROGERS DESIREE G reported acquisition or exercise transactions in this Form 4 filing.
Stagwell Inc director Desiree G. Rogers received an equity grant of 22,970 shares of Class A Common Stock as a component of non-employee director compensation. The award was made in the form of restricted stock units with no cash purchase price.
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and will vest in full on the first anniversary of the grant date. Following this grant, Rogers directly holds 214,984 shares of Class A Common Stock, reflecting a routine, compensation-related increase in her equity position rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROGERS DESIREE G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,970 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 214,984 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 22,970 shares
Reported grant price: $0.00 per share
Shares after transaction: 214,984 shares
+2 more
5 metrics
RSU grant size
22,970 shares
Restricted stock units awarded to director as compensation
Reported grant price
$0.00 per share
Price per share for RSU grant (compensation, not market purchase)
Shares after transaction
214,984 shares
Total Class A Common Stock directly held after grant
Vesting schedule
First anniversary of grant
RSUs vest in full one year after grant date
Security type
Class A Common Stock
Underlying shares deliverable upon RSU vesting
Key Terms
restricted stock units, non-employee director compensation, contingent right, vest in full
4 terms
restricted stock units financial
"The reporting person was awarded restricted stock units as a component of non-employee director compensation."
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.
non-employee director compensation financial
"The reporting person was awarded restricted stock units as a component of non-employee director compensation."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
vest in full financial
"The restricted stock units will vest in full on the first anniversary of the date of grant."
FAQ
What did Stagwell (STGW) director Desiree G. Rogers report on this Form 4?
Desiree G. Rogers reported receiving a grant of 22,970 restricted stock units of Stagwell Class A Common Stock as non-employee director compensation. These units convert into shares after vesting, increasing her equity stake without any open-market share purchase.
When do Desiree G. Rogers’ Stagwell (STGW) restricted stock units vest?
The restricted stock units granted to Desiree G. Rogers will vest in full on the first anniversary of the grant date. Once vested, each unit converts into one share of Class A Common Stock, subject to the company’s standard plan terms.
Is the Stagwell (STGW) Form 4 a stock purchase or a compensation grant?
The Form 4 reflects a compensation grant, not an open-market purchase. Desiree G. Rogers received 22,970 restricted stock units as part of non-employee director compensation, with a stated price of $0.00 per share and future share delivery upon vesting.
What does each restricted stock unit represent for Stagwell (STGW) director compensation?
Each restricted stock unit granted to Desiree G. Rogers represents a contingent right to receive one share of Stagwell Class A Common Stock. The units will convert into shares when they vest on the first anniversary of the grant date.