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Executive share awards at WPP (WPP) detail 2026 EPSP grants

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6-K

Rhea-AI Filing Summary

WPP plc granted new share-based awards to its Chief Executive Officer and Chief Financial Officer under its Executive Performance Share Plan (EPSP) and as deferred share awards for 2025 bonuses. On 20 March 2026, CEO Cindy Rose received a 2026 EPSP conditional award over 2,147,766 shares and a 2025 Executive Share Award (ESA) over 115,800 shares. CFO Joanne Wilson received a 2026 EPSP conditional award over 979,381 shares and a 2025 ESA over 84,257 shares.

The EPSP awards represent the maximum opportunity and will vest in 2029 depending on performance over the three-year period from 1 January 2026 to 31 December 2028, with a further two-year holding period for executive directors. The ESAs, reflecting 2025 annual bonuses delivered entirely in deferred shares, will vest after two years subject to continued employment, with additional shares added at vesting in lieu of dividends. All awards were made under the shareholder-approved 2023 Directors' Compensation Policy.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
 
FORM 6-K
____________________
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
 
For the Month of March 2026
 
Commission File Number: 001-38303
______________________
 
WPP plc
(Translation of registrant's name into English)
________________________
 
Sea Containers, 18 Upper Ground
London, United Kingdom SE1 9GL
(Address of principal executive offices)
_________________________
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
 
Form 20-F X Form 40-F ___
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ___
 
Note:  Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ___
 
Note:  Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
 
Forward-Looking Statements
 
The Company may include forward-looking statements (including as defined in the U.S. Private Securities Litigation Reform Act of 1995) in oral or written public statements issued by or on behalf of the Company. These forward-looking statements may include, among other things, plans, objectives, beliefs, intentions, strategies, projections and anticipated future economic performance based on assumptions and the like that are subject to risks and uncertainties. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They use words such as ‘aim’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘forecast’, ‘guidance’, ‘intend’, ‘may’, ‘will’, ‘should’, ‘potential’, ‘possible’, ‘predict’, ‘project’, ‘plan’, ‘target’, and other words and similar references to future periods but are not the exclusive means of identifying such statements. As such, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances that are beyond the control of the Company. Actual results or outcomes may differ materially from those discussed or implied in the forward-looking statements. Therefore, you should not rely on such forward-looking statements, which speak only as of the date they are made, as a prediction of actual results or otherwise. Important factors which may cause actual results to differ include but are not limited to: the unanticipated loss of a material client or key personnel; delays, suspensions or reductions in client advertising budgets; shifts in industry rates of compensation; regulatory compliance costs or litigation; changes in competitive factors in the industries in which we operate and demand for our products and services; changes in client advertising, marketing and corporate communications requirements; our inability to realise the future anticipated benefits of acquisitions; failure to realise our assumptions regarding goodwill and indefinite lived intangible assets; natural disasters or acts of terrorism; the Company’s ability to attract new clients; the economic and geopolitical impact of the conflicts in Ukraine and the Middle East; the risk of global economic downturn; slower growth, increasing interest rates and high and sustained inflation; tariffs and other trade barriers; supply chain issues affecting the distribution of our clients’ products; technological changes and risks to the security of IT and operational infrastructure, systems, data and information resulting from increased threat of cyber and other attacks; effectively managing the risks, challenges and efficiencies presented by using Artificial Intelligence (AI) and Generative AI technologies and partnerships in our business; risks related to our environmental, social and governance goals and initiatives, including impacts from regulators and other stakeholders, and the impact of factors outside of our control on such goals and initiatives; the Company’s exposure to changes in the values of other major currencies (because a substantial portion of its revenues are derived and costs incurred outside of the UK); and the overall level of economic activity in the Company’s major markets (which varies depending on, among other things, regional, national and international political and economic conditions and government regulations in the world’s advertising markets). In addition, you should consider the risks described in Item 3D, captioned “Risk Factors” in the Company’s most recent Annual Report on Form 20-F, which could also cause actual results to differ from forward-looking information. In light of these and other uncertainties, the forward-looking statements included in this document should not be regarded as a representation by the Company that the Company’s plans and objectives will be achieved. Neither the Company, nor any of its directors, officers or employees, provides any representation, assurance or guarantee that the occurrence of any events anticipated, expressed or implied in any forward-looking statements will actually occur. Other than in accordance with its legal or regulatory obligations (including under the Market Abuse Regulation, the UK Listing Rules and the Disclosure and Transparency Rules of the Financial Conduct Authority), the Company undertakes no obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
 
EXHIBIT INDEX
 
Exhibit No.
Description
 
1
Executive Performance Share Plan and Awards dated 24 March 2026, prepared by WPP plc.
 
 
 
 
FOR IMMEDIATE RELEASE                                                                                                                                                                                                                                                                                                                                                                                                  24 March 2026
 
 
 
WPP plc ("WPP")
 
Executive Performance Share Plan (EPSP) Awards and Executive Share Awards (ESA)
 
 
 
On 20 March 2026, 2026 EPSP awards were made under the Executive Performance Share Plan (EPSP). The participants included WPP's Chief Executive Officer (CEO) and Chief Financial Officer (CFO) as set out in the table below. In addition, awards were made in connection with the CEO's and CFO's annual bonuses for 2025 which were delivered 100% in the form of deferred share awards, ESAs.
 
Executive Director
Nature of Award
Number of shares awarded
Cindy Rose (CEO)
2026 EPSP
2,147,766
Cindy Rose (CEO)
2025 ESA
115,800
Joanne Wilson (CFO)
2026 EPSP
979,381
Joanne Wilson (CFO)
2025 ESA
84,257
 
 
Notes
 
1)   The EPSP awards and ESAs were made in accordance with the terms of the 2023 Directors' Compensation Policy as approved by shareholders on 17 May 2023
 
2)   To the extent that each element of an EPSP award does not vest at the end of the three- year performance period it will lapse
 
3)   The 2026 EPSP awards take the form of conditional awards over WPP shares or ADRs and the amounts stated above represent the maximum possible opportunity. 
4)   The extent to which these awards vest in 2029 will depend on WPP's performance over the three-year performance period from 1 January 2026 to 31 December 2028, as set out in the WPP 2025 Annual Report.  
5)   The ESAs take the form of conditional awards over WPP shares and will vest after two years subject to continued employment.
6)   Additional shares will be awarded at vesting of both EPSP awards and ESAs in lieu of dividends on the shares that vest
 
7)   The EPSP awards to Executive Directors are subject to an additional two-year post-vesting holding period
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
 
Name 
 
Cindy Rose
 
b)
 
Position/status
 
Chief Executive Officer
 
c)
 
Initial notification/amendment
 
Initial notification
 
2.
 
Details of the issuer
 
a)
 
Full name of the entity
 
WPP plc
 
b)
 
Legal Entity Identifier code
 
549300LSGBXPYHXGDT93
 
3.
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument
 
Ordinary shares of 10 pence each ('Ordinary Shares')
ISIN: JE00B8KF9B49
 
b)
 
Nature of the transactions
 
Grant of conditional share awards over WPP plc ordinary shares under the WPP Executive Performance Share Plan (EPSP) and WPP plc Stock Plan 2018 (WSP)
 
c)
 
Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or purchased and price per share/ADR)
 
Price(s)
 
Volume(s)
Conditional award over shares under the EPSP
 
2,147,766
Conditional award over shares under the WSP
 
115,800
d)
 
Aggregated information
-     Aggregated number
-     Aggregated Price
-     Total
 
N/A (single transaction)
 
 
e)
 
Date of the transaction
 
20 March 2026
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
 
Name 
 
Joanne Wilson
 
b)
 
Position/status
 
Chief Financial Officer
 
c)
 
Initial notification/amendment
 
Initial notification
 
2.
 
Details of the issuer
 
a)
 
Full name of the entity
 
WPP plc
 
b)
 
Legal Entity Identifier code
 
549300LSGBXPYHXGDT93
 
3.
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument
 
Ordinary shares of 10 pence each ('Ordinary Shares')
ISIN: JE00B8KF9B49
 
b)
 
Nature of the transactions
 
Grant of conditional share awards over WPP plc ordinary shares under the WPP Executive Performance Share Plan and WPP plc Stock Plan 2018
 
c)
 
Price(s) and volume(s) (Number of WPP ordinary shares or WPP ADRs sold or purchased and price per share/ADR)
 
Price(s)
 
Volume(s)
Conditional award over shares under the EPSP
 
979,381
 
Conditional award under the WSP
 
84,257
 
d)
 
Aggregated information
-     Aggregated number
-     Aggregated Price
-     Total
 
N/A
e)
 
Date of the transaction
 
20 March 2026
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.
 
Balbir Kelly-Bisla
 
Group Company Secretary
 
  
Further information
 
Media: press@wpp.com
 
Investors: irteam@wpp.com
 
 
About WPP
 
WPP is the trusted growth partner for the world's leading brands. We unite cutting-edge media intelligence and data solutions, world-class creativity, next-generation production, transformative enterprise solutions and expert strategic counsel in a single company - powered by exceptional talent and our agentic marketing platform, WPP Open, to help our clients navigate change, capture opportunity and deliver transformational growth. For more information, visit www.wpp.com
 
END
 
 
 
 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
WPP PLC
 
(Registrant)
 
 
Date: 24 March 2026.
By:  ______________________ 
 
          Balbir Kelly-Bisla
 
          Company Secretary

FAQ

What executive share awards did WPP (WPP) grant to its CEO?

WPP granted CEO Cindy Rose a 2026 EPSP conditional award over 2,147,766 shares and a 2025 Executive Share Award over 115,800 shares. These share-based awards are subject to performance and vesting conditions set out in the company’s executive compensation plans.

What executive share awards did WPP (WPP) grant to its CFO?

WPP granted CFO Joanne Wilson a 2026 EPSP conditional award over 979,381 shares and a 2025 Executive Share Award over 84,257 shares. These awards form part of her long-term incentive and deferred bonus structure under approved compensation policies.

How are WPP’s 2025 executive bonuses being delivered?

For 2025, WPP’s CEO and CFO annual bonuses are delivered 100% as deferred share awards through Executive Share Awards (ESAs). These ESAs are conditional awards over WPP shares that align executive pay with future company performance and share price outcomes over a multi-year period.

When will the 2026 EPSP awards at WPP vest and on what basis?

The 2026 EPSP awards will vest in 2029, depending on WPP’s performance over the three-year period from 1 January 2026 to 31 December 2028. Vesting levels are determined by performance measures described in WPP’s 2025 Annual Report and compensation policy.

What are the vesting conditions for WPP’s Executive Share Awards (ESAs)?

WPP’s ESAs take the form of conditional awards over WPP shares and vest after two years, subject to the executive’s continued employment. At vesting, additional shares are granted in lieu of dividends paid during the deferral period on the shares that ultimately vest.

Under which policy were WPP’s 2026 EPSP and 2025 ESA grants made?

The 2026 EPSP awards and 2025 Executive Share Awards were made under WPP’s 2023 Directors’ Compensation Policy, which shareholders approved on 17 May 2023. This policy governs key elements of executive pay, including performance-based and deferred share awards.

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