WPP (NYSE: WPP) CEO Cindy Rose details major buy-out share award
Rhea-AI Filing Summary
WPP plc director and Chief Executive Officer Cindy H. Rose filed an initial ownership report detailing her existing equity interests. The filing highlights a buy-out award granted on September 8, 2025 as a conditional award over 1,137,233 ordinary shares, vesting quarterly from December 2025 to September 2030, subject to the plan’s rules. As of the statement date, two tranches totaling 176,125 shares had vested, leaving 961,108 shares unvested as a contingent right to receive WPP ordinary shares on future vesting dates. She also reports direct ownership of 201,180 ordinary shares as of the same date.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rose Cindy H
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Contractual Award - conditional award over shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Contractual Award - conditional award over shares — 961,108 shares (Direct);
Ordinary Shares — 201,180 shares (Direct)
Footnotes (1)
- F1. Represents a Buy-out award granted on September 8, 2025 in the form of a conditional award over 1,137,233 ordinary shares. The award vests in tranches quarterly from December 2025 to September 2030. At the Date of Event Requiring Statement two tranches totalling 176,125 shares had vested (December 1, 2025 and March 10, 2026 respectively). The remaining 961,108 shares are unvested as of the Date of Event Requiring Statement. The conditional share award represents a contingent right to receive the number of WPP ordinary shares specified in that award on the designated vesting date(s) subject to the rules of the relevant plan.
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FAQ
What does Cindy H. Rose’s Form 3 filing for WPP disclose?
The Form 3 for WPP discloses Cindy H. Rose’s existing equity interests, including a conditional buy-out award and directly held ordinary shares. It is an initial ownership statement, not a report of new share purchases or sales.
What is the vesting schedule of Cindy H. Rose’s WPP buy-out award?
The buy-out award for Cindy H. Rose vests in quarterly tranches from December 2025 to September 2030. The filing notes that tranches vested on December 1, 2025 and March 10, 2026, with remaining tranches continuing through September 2030.