Gerstein Mark D 4
Research Summary
AI-generated summary
Omnicom (OMC) Director Mark Gerstein Receives 979.29-Share Award
What Happened
- Mark D. Gerstein, a director of Omnicom Group Inc. (OMC), was awarded a total of 979.29 shares on April 1, 2026 (two awards: 680.52 and 298.77 shares). Both entries are reported as acquisitions (code A) at $0.00 — i.e., equity awards/retainer shares issued rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (Period of Report: 2026-04-01; Accession: 0001213900-26-039955).
- Shares and price reported: 680.52 shares @ $0.00 and 298.77 shares @ $0.00 (total 979.29 shares). Reported dollar value is $0 because these are awards/deferrals.
- Shares owned after the transaction: not specified in the filing.
- Footnotes:
- The 680.52-share award was elected to be deferred under the Omnicom Group Inc. 2026 Incentive Award Plan.
- The 298.77 shares represent a quarterly payment of his annual retainer, also elected to be deferred under the same plan.
- The filing notes these totals include dividends on deferred shares that were reinvested and credited on January 9, 2026.
- Filing timeliness: Form filed April 3 covering April 1 transactions; no late-filing flag is indicated in the filing.
Context
- These entries are compensation-related awards and retainer payments that Gerstein elected to defer into stock under the company plan, not purchases or sales on the open market. Deferred awards and reinvested dividends increase his share position over time but do not necessarily signal an active buy or sell decision.