Omnicom exec reports PRSU vesting and tax shares
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Form Type
4
Rhea-AI Filing Summary
OMNICOM GROUP INC. Co-President and Co-COO Daryl Simm reported compensation-related stock activity tied to performance awards. On May 22, 2026, performance restricted stock units granted in 2023 vested after the compensation committee confirmed return-on-equity goals versus an industry peer group were met. As part of this vesting, 22,931 shares were withheld to cover tax liabilities, while 54,242 shares were delivered to Simm. Following these transactions, he directly holds 254,040 shares of Omnicom common stock. The filing reflects incentive compensation and tax withholding, not open-market buying or selling.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Simm Daryl
Role
Co-President and Co-COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.15 per share | 54,242 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.15 per share | 22,931 | $74.93 | $1.72M |
Holdings After Transaction:
Common Stock, par value $0.15 per share — 254,040 shares (Direct)
Footnotes (2)
- F1. On May 1, 2023, the reporting person was granted performance restricted stock units ("PRSUs") which vest based on the company's return on equity as compared to that of an industry peer group. The compensation committee of the board of directors of the company determined that the performance criteria had been met, resulting in the vesting of these shares on May 22, 2026.
- F2. Represents shares withheld by the company for payment of tax liability incident to the vesting of PRSUs.
Key Figures
Shares withheld for taxes: 22,931 shares
Shares granted on PRSU vesting: 54,242 shares
Post-transaction holdings: 276,971 shares
+3 more
6 metrics
Shares withheld for taxes
22,931 shares
Withheld for tax liability on PRSU vesting on May 22, 2026
Shares granted on PRSU vesting
54,242 shares
Common stock delivered at $0.0000 per share on May 22, 2026
Post-transaction holdings
276,971 shares
Total Omnicom common shares directly held after reported transactions
Tax withholding price
$74.93 per share
Value used for 22,931-share tax-withholding disposition
Tax-withholding shares count
1 transaction, 22,931 shares
Form 4 transaction code F for non-derivative common stock
Grant/award shares count
1 transaction, 54,242 shares
Form 4 transaction code A for non-derivative common stock
Key Terms
performance restricted stock units, PRSUs, return on equity, industry peer group, +1 more
5 terms
performance restricted stock units financial
"the reporting person was granted performance restricted stock units ("PRSUs") which vest based on the company's return on equity"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
PRSUs financial
"the reporting person was granted performance restricted stock units ("PRSUs") which vest based on the company's return on equity"
A PRSU is a type of employee equity award that turns into actual company shares only if preset performance goals are met over a specified time. Think of it like a prize that only pays out when a team hits agreed targets; investors watch PRSUs because they tie management pay to results, can increase the number of shares outstanding when paid, and therefore affect shareholder value and incentives.
return on equity financial
"which vest based on the company's return on equity as compared to that of an industry peer group"
Return on equity shows how effectively a company uses its shareholders' money to generate profit. It is calculated by dividing the company's net profit by its shareholders' equity, indicating how much profit is earned for each dollar invested by owners. Higher return on equity suggests the company is good at turning investments into earnings, which can be an important factor for investors assessing its profitability and efficiency.
industry peer group financial
"company's return on equity as compared to that of an industry peer group"
tax liability financial
"Represents shares withheld by the company for payment of tax liability incident to the vesting of PRSUs"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Omnicom (OMC) report for Daryl Simm?
Omnicom reported that Co-President and Co-COO Daryl Simm received a grant of 54,242 common shares at no cost upon PRSU vesting, and 22,931 shares were withheld by the company to cover tax obligations related to that vesting.
What performance conditions triggered Daryl Simm’s PRSU vesting at Omnicom (OMC)?
Daryl Simm’s PRSUs vested after Omnicom’s compensation committee determined that performance criteria were met, based on the company’s return on equity compared with an industry peer group, leading to the delivery of shares on May 22, 2026.
Was Daryl Simm’s Omnicom (OMC) Form 4 an open-market stock sale?
No, the Form 4 shows no open-market sale. It reports a performance-based share grant and a tax-withholding disposition, where 22,931 shares were withheld by Omnicom to pay taxes, rather than sold in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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