[Form 4] INTERPUBLIC GROUP OF COMPANIES, INC. Insider Trading Activity
Rhea-AI Filing Summary
Interpublic Group of Companies, Inc. (IPG) director Linda Sanford reported the disposition of 53,975 shares of IPG common stock on 11/26/2025 in connection with a merger. Under the merger, a subsidiary of Omnicom Group Inc. was combined with IPG, with IPG continuing as a wholly owned subsidiary of Omnicom pursuant to a merger agreement dated December 8, 2024.
At the effective time of the merger, each share of IPG common stock was converted into the right to receive 0.344 shares of Omnicom common stock plus cash in lieu of fractional shares. In addition, each outstanding restricted stock award held by the reporting person became fully vested immediately before the effective time and was cancelled in exchange for the same stock-and-cash merger consideration.
Positive
- None.
Negative
- None.
Insights
IPG equity held by a director converted into Omnicom stock under fixed exchange terms.
The report shows Linda Sanford, a director of IPG, disposing of
Each IPG share was converted into the right to receive
FAQ
What transaction is reported in this IPG Form 4 filing?
The filing reports that director Linda Sanford disposed of 53,975 shares of IPG common stock on 11/26/2025 as a result of a merger involving Interpublic Group of Companies, Inc. and a subsidiary of Omnicom Group Inc.
What were IPG shareholders entitled to receive in the Omnicom merger?
Each share of IPG common stock was converted into the right to receive 0.344 shares of Omnicom common stock plus cash in lieu of fractional shares, referred to as the common stock merger consideration.
How were Linda Sanford’s restricted stock awards in IPG treated?
Each outstanding restricted stock award (RSA) granted to Linda Sanford, whether vested or unvested, became fully vested immediately before the merger’s effective time and was then cancelled and converted into the same stock-and-cash merger consideration as the common shares.
What is the relationship of the reporting person to IPG in this Form 4?
The reporting person, Linda Sanford, is identified as a Director of Interpublic Group of Companies, Inc. and the Form 4 is filed as a single reporting person filing.
What corporate structure resulted from the IPG and Omnicom merger?
Following the merger, the issuer, Interpublic Group of Companies, Inc., survived as a wholly owned subsidiary of Omnicom Group Inc., as described in the Agreement and Plan of Merger dated December 8, 2024.
What is the exchange ratio mentioned in the IPG Form 4?
The filing specifies an exchange ratio of 0.344, meaning each share of IPG common stock was converted into the right to receive 0.344 shares of Omnicom common stock plus cash instead of any fractional Omnicom share.