Omnicom (NYSE: OMC) CFO reports 4,476-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OMNICOM GROUP INC. Executive Vice President & CFO Philip J. Angelastro reported a tax-withholding disposition of 4,476 shares of common stock at $70.83 per share. After this transaction, he directly holds 518,500 shares and indirectly holds 1,770 shares through a 401(K) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ANGELASTRO PHILIP J
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.15 per share | 4,476 | $70.83 | $317K |
| holding | Common Stock, par value $0.15 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.15 per share — 518,500 shares (Direct, null);
Common Stock, par value $0.15 per share — 1,770 shares (Indirect, By 401(K) Plan)
Footnotes (1)
Key Figures
Tax-withholding shares: 4,476 shares
Tax-withholding price: $70.83 per share
Direct holdings after transaction: 518,500 shares
+1 more
4 metrics
Tax-withholding shares
4,476 shares
F-coded disposition of common stock
Tax-withholding price
$70.83 per share
Value applied to 4,476 shares
Direct holdings after transaction
518,500 shares
Common stock held directly by CFO
Indirect 401(K) holdings
1,770 shares
Common stock held via 401(K) plan
Key Terms
tax-withholding disposition, 401(K) Plan, Common Stock, par value $0.15 per share, Form 4
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 4,476 shares of common stock"
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
"nature_of_ownership: "By 401(K) Plan" for 1,770 indirectly held shares"
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
"INSIDER FILING DATA (Form 4) for Omnicom Group Inc. insider transactions"
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
What insider transaction did Omnicom (OMC) report for CFO Philip Angelastro?
Omnicom reported that CFO Philip J. Angelastro had 4,476 shares of common stock disposed of as a tax-withholding transaction at $70.83 per share. This was coded as an F transaction, indicating payment of tax liability or exercise price by delivering securities.
What does transaction code F mean in the Omnicom (OMC) Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to pay an exercise price or tax liability. For Omnicom’s CFO, 4,476 shares were used this way, meaning the event reflects a compensation-related withholding rather than a standard market sale.
Are there any derivative securities reported for the Omnicom (OMC) CFO in this filing?
The derivative section in this Form 4 is empty, indicating no new derivative transactions were reported for the Omnicom CFO in this filing. The focus is solely on common stock, including the tax-withholding disposition and the remaining direct and 401(K) plan share holdings.