{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-151210","form_type":"8-K","ticker":"STGW","cik":"0000876883","company_name":"Stagwell Inc","filed_at":"2021-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.946807+00:00","generated_at":"2026-06-28T00:20:49.830571+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Stagwell extends CEO Mark Penn's employment to 2025, grants 1.5M SARs at $8.27","bullets":["Amended employment agreement extends CEO Mark Penn's term through March 31, 2025.","Base salary increases to $1.06M effective Jan 1 2022 and to $1.26M effective Jan 1 2023.","CEO granted 1.5M stock appreciation rights (SARs) with base price $8.27 per share.","SARs vest in three equal annual installments; 1.312M SARs require shareholder approval at 2022 annual meeting.","Unvested SARs upon termination without cause or good reason; expiration 5 years from grant."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-151210","json":"https://secwatch.observer/filing/0001104659-21-151210.json","markdown":"https://secwatch.observer/filing/0001104659-21-151210.md","text":"https://secwatch.observer/filing/0001104659-21-151210.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876883/000110465921151210/0001104659-21-151210-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876883/000110465921151210/tm2135779d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T00:20:49.830571+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}