Rose Cindy H 4
4 · WPP plc · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
WPP CEO Cindy H Rose Receives Conditional Awards of 2.26M Shares
What Happened Cindy H. Rose, Chief Executive Officer of WPP plc (WPP), was granted two conditional equity awards on March 20, 2026 totaling 2,263,566 ordinary shares: an Executive Share Award (ESA) for 115,800 shares and an Executive Performance Share Plan (EPSP) award for up to 2,147,766 shares. These are grants/awards (derivative awards), not open-market purchases or sales, and no purchase price is reported (price = N/A). The ESA and EPSP represent contingent rights to receive shares in the future if vesting and performance conditions are met.
Key Details
- Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (filed within the SEC two-business-day window).
- Awards: 115,800 shares (ESA) and up to 2,147,766 shares (EPSP); total = 2,263,566 shares. Reported as grants/derivative awards (code A).
- Prices/values: No purchase price listed (N/A); monetary value not provided in the filing.
- Vesting/conditions: ESA vests March 10, 2028 under the WPP Stock Plan 2018 (Footnote F1). EPSP award is conditional and payable only if performance conditions are met per WPP’s performance measures (Footnote F2 and WPP 2025 Annual Report).
- Shares owned after transaction: Not specified in the disclosed transactions.
- Other: Exhibit 24 (Power of Attorney) included in filing.
Context These awards are deferred/conditional equity grants — they give the executive a contingent right to receive ordinary shares on future vesting dates if plan rules and, for the EPSP, performance targets are met. Such grants are common components of executive compensation and do not reflect an immediate cash outlay or share sale.
Insider Transaction Report
- Award
Conditional Award over shares (2025 ESA)
[F1]2026-03-20+115,800→ 115,800 total→ Ordinary Shares (115,800 underlying) - Award
Conditional Award of Shares (2026 EPSP)
[F2]2026-03-20+2,147,766→ 2,147,766 total→ Ordinary Shares (2,147,766 underlying)
Footnotes (2)
- [F1]Represents Executive Share Award (ESA) granted on March 20, 2026, in the form of a conditional award over 115,800 ordinary shares. This ESA is scheduled to vest on March 10, 2028, subject to the rules of the WPP Stock Plan 2018. 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.
- [F2]Represents a conditional award over a maximum of 2,147,766 ordinary shares made under the Executive Performance Share Plan (EPSP) on March 20, 2026. 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 and WPP's performance as set out in the WPP 2025 Annual Report.