Penn Mark Jeffery bought STGW
January 19, 2024 · Form 4 insider transaction
Penn Mark Jeffery bought 500,000 shares of Stagwell Inc. at $2.19 per share, a transaction worth $1.09M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Acquired (buy-side)
Shares
500,000
Price
$2.19
Total value
$1.09M
InsiderPenn Mark Jeffery
Role—
CompanyStagwell Inc. (STGW)
SecurityClass A Common Stock
Transaction codeM: Option exercise
Transaction dateJanuary 19, 2024
Filing dateJanuary 23, 2024
Shares owned after3,040,493
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents the exercise of Stock Appreciation Rights ("SARs") and settlement in cash.