WPP (NYSE: WPP) CEO exercises 187,341 shares, 88,227 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WPP plc director and Chief Executive Officer Cindy H. Rose exercised awards tied to 187,341 Ordinary Shares on June 15, 2026, converting a CEO buyout award into common equity. As part of the vesting and exercise, 88,227 Ordinary Shares were disposed of to cover tax obligations at a sale price of GBP 2.816 per share. Following these routine compensation-related transactions, she directly holds 300,294 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
187,341 shares exercised/converted
Mixed
3 txns
Insider
Rose Cindy H
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | CEO buyout award | 187,341 | $0.00 | -- |
| Exercise | Ordinary Shares | 187,341 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 88,227 | $0.00 | -- |
Holdings After Transaction:
CEO buyout award — 3,497,399 shares (Direct, null);
Ordinary Shares — 388,521 shares (Direct, null)
Footnotes (1)
- Price: n/a Ordinary shares of 10 pence each ('Ordinary Shares') in British Pounds Sterling (GBP). The sale price of GBP 2.816 per Ordinary Share represents approximately USD 3.762. The Restricted Stock Units (RSUs) vested on June 15, 2026.
Key Figures
Shares exercised: 187,341 shares
Tax-withholding shares: 88,227 shares
Direct holdings after transaction: 300,294 shares
+1 more
4 metrics
Shares exercised
187,341 shares
Ordinary Shares acquired via CEO buyout award on June 15, 2026
Tax-withholding shares
88,227 shares
Ordinary Shares delivered to cover tax obligations on June 15, 2026
Direct holdings after transaction
300,294 shares
Ordinary Shares held directly by CEO Cindy H. Rose after Form 4 transactions
Tax-withholding price
GBP 2.816 per share
Approximate USD 3.762 per Ordinary Share used for tax-withholding disposition
Key Terms
Restricted Stock Units (RSUs), tax-withholding disposition, derivative exercise/conversion, Ordinary Shares
4 terms
Restricted Stock Units (RSUs) financial
"The Restricted Stock Units (RSUs) vested on June 15, 2026."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 88,227 Ordinary Shares."
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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for CEO buyout award."
FAQ
What insider transactions did WPP (WPP) report for Cindy H. Rose?
WPP reported that CEO Cindy H. Rose exercised awards linked to 187,341 Ordinary Shares and disposed of 88,227 shares to cover tax obligations. These transactions reflect routine compensation and tax-withholding activity rather than open-market buying or selling of shares.
Was the WPP (WPP) CEO’s Form 4 a market sale or tax withholding?
The Form 4 shows a tax-withholding disposition of 88,227 Ordinary Shares, not an open-market sale. Shares were delivered to satisfy tax obligations related to vesting and exercise of awards, which is a common, mechanistic part of equity compensation.
What equity award did the WPP (WPP) CEO exercise in this Form 4?
Cindy H. Rose exercised a derivative position labeled as a "CEO buyout award" covering 187,341 underlying Ordinary Shares. The filing notes that related Restricted Stock Units vested on June 15, 2026, triggering the conversion into Ordinary Shares and associated tax withholding.