ANGELASTRO PHILIP J 4
4 · OMNICOM GROUP INC. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Omnicom CFO Philip Angelastro Withholds 4,476 Shares for Taxes
What Happened Philip J. Angelastro, Executive Vice President & Chief Financial Officer of Omnicom Group (OMC), had 4,476 shares withheld on May 15, 2026 to satisfy tax or exercise-related obligations. The withholding was reported as a disposition at an effective price of $70.83 per share, for a value of approximately $317,035. This is a tax-withholding/cashless-type transaction (code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-19 (timely filing).
- Shares withheld/disposed: 4,476 at $70.83 each; total ~$317,035.
- Transaction code: F — payment of exercise price or tax liability (shares withheld to satisfy tax obligations).
- Shares owned after transaction: Not specified in the provided filing.
- This was a withholding to cover taxes (or exercise cost), not an open-market sale.
Context
- Withholding of shares to cover taxes is common after option exercises or vesting events and does not necessarily indicate a change in the insider’s view of the company—it's a routine administrative step.
- Purchases (buys) generally carry more interpretive weight for bullish signals; tax-withholding dispositions are primarily procedural.
Insider Transaction Report
Form 4
ANGELASTRO PHILIP J
Executive Vice President & CFO
Transactions
- Tax Payment
Common Stock, par value $0.15 per share
2026-05-15$70.83/sh−4,476$317,035→ 518,500 total
Holdings
- 1,770(indirect: By 401(k))
Common Stock, par value $0.15 per share
Signature
/s/ Eric J. Cleary, Attorney in Fact for Philip J. Angelastro|2026-05-19