Business Context and Reporting Period
This Form 6-K filing by Shell plc, dated May 21, 2026, discloses transactions by Persons Discharging Managerial Responsibilities (PDMRs) in accordance with EU and UK Market Abuse Regimes. The report covers conditional awards of performance shares made on May 20, 2026, under the Shell Share Plan 2023.
Key Financial Metrics
The filing does not provide consolidated financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial data present relates to specific share award transactions:
- Share Price: GBP 32.52 per ordinary share.
- Total Award Value (CEO): GBP 2,698,737.24.
- Total Award Value (CFO): GBP 356,549.28.
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. It solely documents the execution of standard executive compensation awards.
Guidance, Outlook, and Risks
The document contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. The awards are subject to performance conditions determined by the Remuneration Committee and its discretion.
Key Facts for Investor Verification
- CEO Award: Wael Sawan (Chief Executive Officer) received a conditional award of 82,987 ordinary shares.
- CFO Award: Sinead Gorman (Chief Financial Officer) received a conditional award of 10,964 ordinary shares.
- Transaction Type: Both awards are conditional performance shares, not immediate cash or unrestricted stock grants.
- Valuation Basis: Awards were valued at a price of GBP 32.52 per share.
- Regulatory Context: Transactions were conducted outside a trading venue and are incorporated by reference into Shell's Form F-3 and Form S-8 registration statements.