
ESOPMay 12, 2026, 12:26 PM
WPP Grants 2026 Restricted Share Plan Awards to CEO and CFO
AI Summary
WPP plc announced the grant of 2026 Restricted Share Plan (RSP) Awards to its Chief Executive Officer, Cindy Rose, and Chief Financial Officer, Joanne Wilson, on May 8, 2026. These conditional awards, totaling 460,066 shares for the CEO and 279,720 shares for the CFO, were made following shareholder approval of the 2026 Directors' Compensation Policy. The awards are set to vest in March 2029, subject to performance and continued employment, and include an additional two-year holding period for executive directors.
Key Highlights
- WPP granted 2026 Restricted Share Plan (RSP) Awards to its CEO and CFO.
- CEO Cindy Rose received 460,066 conditional share awards.
- CFO Joanne Wilson received 279,720 conditional share awards.
- Awards were granted on May 8, 2026, following shareholder approval of the compensation policy.
- The conditional awards are due to vest in March 2029, subject to performance and continued employment.
- Executive Directors' awards are subject to an additional two-year holding period post-vesting.
- The number of shares was calculated using an average share price of £2.717.
- Additional shares will be awarded at vesting in lieu of dividends.
Price Impact
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