{"schema_version":"secwatch.filing_event.v1","accession":"0001410578-23-000199","form_type":"8-K","ticker":"STGW","cik":"0000876883","company_name":"Stagwell Inc","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.352344+00:00","generated_at":"2026-06-18T19:34:13.022978+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Stagwell shareholders approve conversion of Class B shares to Class A at 1.25 ratio","bullets":["Holders of 1,640 of 2,271 Class B shares and majority of total voting power approved charter amendment.","Each Class B share will convert into 1.25 Class A shares; fractional shares rounded up.","Amendment effective 20 days after mailing of Information Statement to stockholders.","Class B common stock will be eliminated upon conversion."],"urls":{"canonical":"https://secwatch.observer/filing/0001410578-23-000199","json":"https://secwatch.observer/filing/0001410578-23-000199.json","markdown":"https://secwatch.observer/filing/0001410578-23-000199.md","text":"https://secwatch.observer/filing/0001410578-23-000199.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876883/000141057823000199/0001410578-23-000199-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876883/000141057823000199/tm238214d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T19:34:13.022978+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":[{"claim_id":"17beabc4e493a8ca0f477791d9b3fa7a7840c479","claim":"Stagwell Inc shareholders approved Adoption of an amendment to the Company's Second Amended and Restated Certificate of Incorporation (the 'Proposed Charter Amendment') to reclassify each share of Class B Common Stock into 1.25 shares of Class A Common Stock. at the 2023-02-23 meeting.","evidence_excerpt":"On February 23, 2023, the holders of (i) an aggregate of 1,640 shares of Class B common stock, par value $0.001 per share (“ Class B Common Stock ”), of Stagwell Inc. (the “ Company ”), constituting a majority of the 2,271 shares of Class B Common Stock issued and outstanding on such date, and (ii) an aggregate of 26,502,414 shares of Class A common stock, par value $0.001 per share (“ Class A Common Stock ”), of the Company and 160,909,058 shares of Class C common stock, par value $0.00001 per share (together with the Class A Common Stock and the Class B Common Stock, the “ Common Stock ”), of the Company, constituting a majority of the voting power of the 292,835,667 shares of Common Stock issued and outstanding on such date, acting by written consent without a meeting, voted to approve the adoption of an amendment to the Company’s Second Amended and Restated Certificate of Incorporation (the “ Proposed Charter Amendment ”).","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/876883/000141057823000199/0001410578-23-000199-index.htm","confidence":0.5,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-02-23"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}