Business Context and Reporting Period
This Form 6-K filing by Shell plc, dated February 10, 2026, discloses transactions by Persons Discharging Managerial Responsibilities (PDMRs) in accordance with EU and UK Market Abuse Regimes. The report details conditional awards of performance shares granted on February 6, 2026, under the Shell Share Plan 2023.
Key Financial Metrics
The filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. It exclusively reports on equity compensation transactions.
| PDMR Name | Position | Shares Awarded | Currency | Price per Share | Total Value |
|---|---|---|---|---|---|
| Wael Sawan | Chief Executive Officer | 165,975 | GBP | 27.745 | 4,604,976.38 |
| Sinead Gorman | Chief Financial Officer | 98,677 | GBP | 27.745 | 2,737,793.37 |
| Robin Mooldijk | President, Projects & Technology | 36,297 | EUR | 32.09 | 1,164,770.73 |
| Philippa Bounds | Chief Legal Officer | 35,779 | GBP | 27.745 | 992,688.36 |
| Peter Costello | President, Upstream | 42,169 | GBP | 27.745 | 1,169,978.91 |
| Cederic Cremers | President, Integrated Gas | 35,338 | EUR | 32.09 | 1,133,996.42 |
| Machteld de Haan | President, Downstream, Renewables and Energy Solutions | 35,338 | EUR | 32.09 | 1,133,996.42 |
| Andrew Smith | President, Trading and Supply | 52,443 | EUR | 32.09 | 1,682,895.87 |
| Rachel Solway | Chief Human Resources and Corporate Officer | 35,779 | GBP | 27.745 | 992,688.36 |
Material Changes
The filing does not provide comparative data against prior periods. It represents a single point-in-time disclosure of share awards granted on February 6, 2026.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. The awards are subject to performance conditions determined by the Remuneration Committee and its discretion. No specific risks or contingencies related to these awards are detailed beyond the conditional nature of the grants.
Key Facts for Investor Verification
- Conditional Nature: All awards are conditional performance shares subject to future performance conditions and Remuneration Committee discretion.
- Valuation Basis: Awards were valued at GBP 27.745 for LSE-listed shares and EUR 32.09 for AMS-listed shares as of the transaction date.
- Transaction Type: These are grants of equity compensation, not open market purchases or sales by the executives.
- Regulatory Compliance: The disclosure satisfies requirements under the EU and UK Market Abuse Regimes regarding PDMR transactions.