Stagwell (STGW) director receives 22,970 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIMON IRWIN D reported acquisition or exercise transactions in this Form 4 filing.
Stagwell Inc reported that director Irwin D. Simon received an award of 22,970 shares of Class A Common Stock in the form of restricted stock units as non-employee director compensation. The award was priced at $0.00 per share and increases his direct holdings to 228,891 shares.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIMON IRWIN D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,970 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 228,891 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 22,970 shares
Grant price: $0.00 per share
Shares after transaction: 228,891 shares
+2 more
5 metrics
RSUs granted
22,970 shares
Restricted stock unit award to director as compensation
Grant price
$0.00 per share
Reported transaction price for RSU grant
Shares after transaction
228,891 shares
Director’s direct Class A Common Stock holdings following grant
Vesting schedule
Full vesting on first anniversary
RSUs vest in full one year after grant date
Transaction date
2026-06-11
Date of RSU grant reported in Form 4
Key Terms
restricted stock units, non-employee director compensation, Class A Common Stock
3 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."
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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.
FAQ
What insider transaction did Stagwell (STGW) report for Irwin D. Simon?
Stagwell reported that director Irwin D. Simon received 22,970 Class A Common Stock restricted stock units as compensation. These units were granted at $0.00 per share and increase his direct holdings to 228,891 shares following the award, according to the Form 4 disclosure.
Was Irwin D. Simon’s Stagwell (STGW) transaction a market purchase or sale?
The transaction was not a market purchase or sale; it was a grant of restricted stock units as non-employee director compensation. The Form 4 lists transaction code A, indicating a grant or award acquisition at a reported price of $0.00 per share.
What are the vesting terms of Irwin D. Simon’s Stagwell (STGW) restricted stock units?
The restricted stock units granted to Irwin D. Simon will vest in full on the first anniversary of the grant date. Each unit represents a contingent right to receive one share of Class A Common Stock once the vesting condition is satisfied.
What does each Stagwell (STGW) restricted stock unit granted to Irwin D. Simon represent?
Each restricted stock unit represents a contingent right to receive one share of Stagwell’s Class A Common Stock. The units form part of non-employee director compensation and convert into actual shares only when they vest on the first anniversary of the grant date.