WPP (WPP) CEO Cindy Rose receives 460,066-share conditional EPSP grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rose Cindy H reported acquisition or exercise transactions in this Form 4 filing.
WPP plc director and Chief Executive Officer Cindy H. Rose received a conditional award over 460,066 ordinary shares on May 8, 2026 under the Executive Performance Share Plan (2026 EPSP). This award is a contingent right that will vest only if plan conditions and rules are satisfied. Following this grant, her reported derivative-based holdings linked to WPP ordinary shares total 2,607,832 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rose Cindy H
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Conditional Award of Shares (2026 EPSP) | 460,066 | $0.00 | -- |
Holdings After Transaction:
Conditional Award of Shares (2026 EPSP) — 2,607,832 shares (Direct, null)
Footnotes (1)
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Key Figures
Conditional EPSP award size: 460,066 shares
Total derivative-based holdings after grant: 2,607,832 shares
Transaction price per share: $0.0000
+2 more
5 metrics
Conditional EPSP award size
460,066 shares
Executive Performance Share Plan award on May 8, 2026
Total derivative-based holdings after grant
2,607,832 shares
Underlying WPP ordinary shares following the transaction
Transaction price per share
$0.0000
Compensation grant, not open-market purchase
Underlying security
460,066 ordinary shares
Shares potentially delivered on vesting of conditional award
Transaction code
A (Grant, award, or other acquisition)
Indicates compensation-related acquisition of derivative award
Key Terms
Executive Performance Share Plan (EPSP), conditional award, contingent right, vesting date(s), +1 more
5 terms
conditional award financial
"Represents a conditional award over 460,066 ordinary shares made under the Executive Performance Share Plan"
A conditional award is a promise to give securities or pay compensation that only becomes real if specified conditions are met, such as performance targets, continued employment, regulatory or shareholder approval, or achievement of milestones. For investors, these awards matter because they can increase the number of shares outstanding and company expenses if the conditions are satisfied, and they reveal how management is being incentivized to reach certain goals—like a gift that only arrives once the recipient clears a set of tasks.
contingent right financial
"represents a contingent right to receive the number of WPP ordinary shares specified in that award"
vesting date(s) financial
"receive the number of WPP ordinary shares specified in that award on the designated vesting date(s)"
derivative security financial
"transaction_type": "derivative""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did WPP (WPP) CEO Cindy H. Rose receive in this Form 4 filing?
Cindy H. Rose received a conditional award over 460,066 WPP ordinary shares. The grant was made under the Executive Performance Share Plan (2026 EPSP) and provides a contingent right to receive shares only if the plan’s vesting rules and conditions are ultimately satisfied.
What type of security is involved in Cindy H. Rose’s 2026 EPSP award at WPP?
The filing describes the grant as a “Conditional Award of Shares (2026 EPSP)” over WPP ordinary shares. It is treated as a derivative security giving a contingent right to receive 460,066 underlying ordinary shares, rather than immediate ownership of currently issued common stock.