Smith & Nephew plc Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on August 18, 2026, serves as a notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities (PDMRs) and persons closely associated with them. The filing is made in accordance with the UK Market Abuse Regulation. The reporting period covers transactions executed on August 17, 2026.
Key Financial Metrics
The filing does not provide financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. It exclusively details a specific equity transaction involving the vesting of restricted share awards.
Material Changes and Transaction Details
The primary event reported is the vesting of awards under the Smith & Nephew Restricted Share Plan 2024. Shares were sold to cover taxation obligations arising from the vesting. The transaction details are as follows:
- Transaction Date: August 17, 2026
- Instrument: Smith & Nephew plc ordinary shares (USD 0.20 each)
- Exchange: London Stock Exchange (XLON)
- Individual: Deepak Nath (Chief Executive Officer)
- Transaction Price: £10.898231 per share
- Total Volume Vested: 47,105 shares
- Shares Sold: 19,492 shares (to cover tax liabilities)
- Shares Retained: 27,613 shares
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, risk factors, or contingencies. It is a regulatory disclosure of a routine equity compensation event.
Key Facts for Investor Verification
- Verify the total number of shares retained by the CEO (27,613) versus the number sold for tax purposes (19,492).
- Confirm the transaction price of £10.898231 against the market price on August 17, 2026.
- Note that the transaction involved dividend equivalent shares included in the vested amount.
- Confirm that no other PDMRs reported transactions in this specific filing.