AI assistant
Stagwell Inc — Director's Dealing 2024
Jun 17, 2024
31947_dirs_2024-06-17_21bef256-61a9-421b-9579-6d46b8d459d0.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Stagwell Inc (STGW)
CIK: 0000876883
Period of Report: 2024-06-13
Reporting Person: GOLDMAN SACHS GROUP INC (N/A)
Reporting Person: GOLDMAN SACHS & CO. LLC (N/A)
Reporting Person: Broad Street Principal Investments, L.L.C. (N/A)
Reporting Person: StoneBridge 2017, L.P. (N/A)
Reporting Person: StoneBridge 2017 Offshore, L.P. (N/A)
Reporting Person: Bridge Street Opportunity Advisors, L.L.C. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-13 | Class A Common Stock | S | 4000000 | $6.34 | Disposed | 12981022 | Indirect |
Footnotes
F1: Reflects a repurchase of shares by Stagwell Inc. (the "Issuer") pursuant to a Share Repurchase Agreement, dated June 13, 2024.
F2: This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group"), Goldman, Sachs & Co. LLC ("Goldman Sachs"), Broad Street Principal Investments, L.L.C. ("BSPI"), StoneBridge 2017, L.P. ("SB Employee Fund"), StoneBridge 2017 Offshore, L.P. ("SB Employee Fund Offshore," and together with SB Employee Fund, the "Employee Funds") and Bridge Street Opportunity Advisors, L.L.C ("Bridge Street"). Goldman Sachs is a subsidiary of GS Group. Goldman Sachs is the manager of BSPI and Bridge Street and the investment manager of the Employee Funds. GS Group is the direct owner of Bridge Street. Bridge Street is the general partner of each Employee Fund.
F3: Because of the relationship by and between GS Group, Goldman Sachs, BSPI and the Employee Funds, GS Group and Goldman Sachs may be deemed (for purposes of Rule 13d-3(a) and Rule 16a-1(a) only and not for any other applicable purpose) to beneficially own an aggregate of 12,981,022 shares of Class A Common Stock, consisting of (i) 10,683,430 shares of Class A Common Stock directly held by BSPI, (ii) 1,597,531 shares of Class A Common Stock directly held by SB Employee Fund, (iii) 566,259 shares of Class A Common Stock directly held by SB Employee Fund Offshore and (iv) 133,802 shares of Class A Common Stock of the Issuer held directly by Goldman Sachs.