Omnicom (OMC) CFO gets 48,818 PRSU shares; 24,922 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Omnicom Group Executive Vice President & CFO Philip J. Angelastro reported compensation-related share activity. On May 22, 2026, 48,818 performance restricted stock units granted on May 1, 2023 vested after the company met return-on-equity goals versus an industry peer group. To cover related tax liabilities, 24,922 shares were withheld by the company instead of being sold on the market. Following these transactions, Angelastro holds 567,318 shares of Omnicom common stock directly and 1,770 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ANGELASTRO PHILIP J
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.15 per share | 48,818 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.15 per share | 24,922 | $74.93 | $1.87M |
| holding | Common Stock, par value $0.15 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.15 per share — 567,318 shares (Direct, null);
Common Stock, par value $0.15 per share — 1,770 shares (Indirect, By 401(K) Plan)
Footnotes (1)
- 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. Represents shares withheld by the company for payment of tax liability incident to the vesting of PRSUs.
Key Figures
PRSU shares vested: 48,818 shares
Shares withheld for taxes: 24,922 shares
Direct holdings after transactions: 567,318 shares
+2 more
5 metrics
PRSU shares vested
48,818 shares
Performance restricted stock units vested on May 22, 2026
Shares withheld for taxes
24,922 shares
Withheld to pay tax liability on PRSU vesting
Direct holdings after transactions
567,318 shares
Common stock held directly by CFO after May 22, 2026
Indirect 401(k) holdings
1,770 shares
Common stock held indirectly via 401(k) plan
Tax withholding price
$74.93 per share
Value used for 24,922 shares withheld for taxes
Key Terms
performance restricted stock units ("PRSUs"), return on equity, industry peer group, 401(K) Plan, +1 more
5 terms
performance restricted stock units ("PRSUs") financial
"the reporting person was granted performance restricted stock units ("PRSUs") which vest based on the company's return on equity"
return on equity financial
"PRSUs 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
"return on equity as compared to that of an industry peer group"
401(K) Plan financial
"total_shares_following_transaction 1770.0000 ... nature_of_ownership By 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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transactions did Omnicom (OMC) CFO Philip Angelastro report?
Omnicom CFO Philip Angelastro reported the vesting of 48,818 performance restricted stock units and the withholding of 24,922 shares for taxes. These are compensation-related events, not open-market trades, and leave him with substantial direct and indirect share holdings.
What triggered the vesting of Omnicom (OMC) CFO’s performance RSUs?
The performance restricted stock units vested because Omnicom’s return on equity met criteria versus an industry peer group. The compensation committee determined these performance goals were achieved, causing 48,818 PRSU shares to vest on May 22, 2026 for CFO Philip Angelastro.
What does transaction code F mean in the Omnicom (OMC) Form 4?
Transaction code F indicates shares were withheld to pay the exercise price or tax liability related to an equity award. In this filing, 24,922 shares were withheld by Omnicom to cover taxes on vested PRSUs held by CFO Philip Angelastro.