Quad/Graphics Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:QUAD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
05 May 23	BuyUS$24,486	Robert Quadracci	Individual		8,750	US$2.80
05 May 23	BuyUS$49,282	Anthony Staniak	Individual		17,403	US$2.83

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top 25 shareholders own 70.41% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
24%	Quad/graphics, Inc. Voting Trust	12,286,914	US$55.4m	-2.36%	no data
5.69%	Quad/graphics Esop	2,907,421	US$13.1m	0.83%	100.0%
4.91%	J. Quadracci	2,506,955	US$11.3m	7.67%	no data
4.52%	Miller Value Partners, LLC	2,311,000	US$10.4m	44.4%	0.73%
4.42%	Dimensional Fund Advisors LP	2,260,524	US$10.2m	2.8%	no data
4.26%	BlackRock, Inc.	2,177,890	US$9.8m	7.5%	no data
3.44%	The Vanguard Group, Inc.	1,756,389	US$7.9m	0.33%	no data
3.2%	Hotchkis and Wiley Capital Management, LLC	1,637,503	US$7.4m	4.1%	0.03%
2.07%	LSV Asset Management	1,056,952	US$4.8m	-0.05%	0.01%
1.67%	Bridgeway Capital Management, LLC	852,973	US$3.8m	3.65%	0.07%
1.5%	Renaissance Technologies LLC	764,900	US$3.4m	-1.41%	0.01%
1.41%	Christopher Harned	720,941	US$3.3m	7.95%	no data
1.26%	David Honan	644,831	US$2.9m	14.2%	no data
1.24%	Geode Capital Management, LLC	633,167	US$2.9m	3.59%	no data
0.94%	American Beacon Advisors, Inc.	481,638	US$2.2m	0%	0.06%
0.85%	State Street Global Advisors, Inc.	431,836	US$1.9m	0.69%	no data
0.8%	American Century Investment Management Inc	409,406	US$1.8m	6%	no data
0.64%	Stornoway Portfolio Management, Inc.	329,323	US$1.5m	0%	28.98%
0.55%	AllianceBernstein L.P.	281,070	US$1.3m	907%	no data
0.52%	Northern Trust Global Investments	267,193	US$1.2m	3.55%	no data
0.52%	Kelly Vanderboom	265,274	US$1.2m	8.17%	no data
0.51%	Arrowstreet Capital, Limited Partnership	259,759	US$1.2m	6.78%	no data
0.5%	Anthony Staniak	253,250	US$1.1m	35.9%	no data
0.48%	O'Shaughnessy Asset Management, LLC	247,368	US$1.1m	-18.5%	0.01%
0.46%	D. E. Shaw & Co., L.P.	237,454	US$1.1m	-9.11%	no data