secwatch.observer — SEC 8-K summary
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Issuer:     Stagwell Inc (STGW)
CIK:        0000876883
Form:       8-K
Filed at:   2026-08-03T20:31:05+00:00
Accession:  0001104659-26-089814
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stagwell extends CEO Mark Penn's contract to July 2029, grants 2M SARs
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- Employment term extended to July 31, 2029.
- Base salary increased to $1.4M from $1.26M effective August 1, 2026.
- Bonus of $581,667 payable by August 15, 2026; annual bonus target set at 240% of base salary.
- Annual long-term equity incentive target set at 450% of base salary.
- Grant of 2,000,000 SARs at $8.45 base price, vesting over 3 years, cash-settled.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876883/000110465926089814/0001104659-26-089814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876883/000110465926089814/tm2622028d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-089814

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