Omnicom CEO shares withheld to cover taxes
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
OMNICOM GROUP INC. Chairman and CEO John Wren reported routine share movements connected to tax obligations and indirect holdings. A total of 4,397 shares of common stock at $70.83 per share were withheld to satisfy tax liabilities, leaving 215,830 shares held directly. He also reports 37,011 shares held through a 401(K) plan and 1,111,978 shares held indirectly by trusts.
Insider Trade Summary
Exercise Price or Tax Liability: 4,397 shares
Exercise Price or Tax Liability
3 txns
Insider
WREN JOHN
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.15 per share | 4,397 | $70.83 | $311K |
| holding | Common Stock, par value $0.15 per share | -- | -- | -- |
| holding | Common Stock, par value $0.15 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.15 per share — 215,830 shares (Direct);
Common Stock, par value $0.15 per share — 1,111,978 shares (Indirect, By Trusts);
Common Stock, par value $0.15 per share — 37,011 shares (Indirect, By 401(K) Plan)
Key Figures
Tax-withheld shares: 4,397 shares
Tax-withheld price: $70.83 per share
Direct holdings after transaction: 215,830 shares
+2 more
5 metrics
Tax-withheld shares
4,397 shares
Shares delivered to satisfy tax liability, code F
Tax-withheld price
$70.83 per share
Value of shares used for tax-withholding disposition
Direct holdings after transaction
215,830 shares
Common stock held directly by John Wren following disposition
401(K) plan holdings
37,011 shares
Common stock held indirectly through a 401(K) plan
Trust holdings
1,111,978 shares
Common stock held indirectly by trusts
Key Terms
tax-withholding disposition, 401(K) Plan, Common Stock, par value $0.15 per share, Form 4
4 terms
tax-withholding disposition financial
"A total of 4,397 shares of common stock at $70.83 per share were withheld to satisfy tax liabilities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
401(K) Plan financial
"He also reports 37,011 shares held through a 401(K) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Form 4 regulatory
"These positions indicate additional ownership beyond his directly held 215,830 common shares disclosed in the same Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Omnicom (OMC) report for John Wren?
Omnicom reported that Chairman and CEO John Wren had 4,397 shares of common stock withheld to cover tax liabilities. These shares were valued at $70.83 each and represent a tax-withholding disposition, not an open-market sale or purchase.
What indirect Omnicom (OMC) holdings does John Wren report?
John Wren reports 37,011 shares held indirectly through a 401(K) plan and 1,111,978 shares held indirectly by trusts. These positions indicate additional ownership beyond his directly held 215,830 common shares disclosed in the same Form 4 filing.
Was the Omnicom (OMC) Form 4 transaction a market sale by John Wren?
The Form 4 shows a tax-withholding disposition, coded “F,” for 4,397 shares at $70.83 each. This represents shares withheld to satisfy tax obligations, rather than an open-market sale initiated as an investment decision by John Wren.
What does the transaction code F mean in this Omnicom (OMC) Form 4?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, 4,397 Omnicom shares were disposed of to cover tax obligations, distinguishing it from voluntary open-market buying or selling activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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