6-K - Smith & Nephew plc | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Smith & Nephew plc granted share awards to its executive directors and other persons discharging managerial responsibilities on April 1, 2026, under three separate equity compensation plans, with vesting conditions extending to March 2029.

Key Takeaways

1Executive Directors Deepak Nath and John Rogers received deferred share bonus awards on April 1, 2026, with 83,494 and 48,071 shares respectively, vesting on March 15, 2029.

2Performance share awards were granted to 12 PDMRs under the Global Share Plan 2020 on April 1, 2026, with vesting subject to performance conditions measured from January 2026 to December 2028.

3Restricted share awards were granted to 12 PDMRs under the Restricted Share Plan 2024 on April 1, 2026, vesting in equal annual tranches over three years, with additional conditions for the CEO and CFO.

4All awards were calculated using a share price of £12.744, based on the ten-day average following the company's full-year 2025 results announcement on March 2, 2026.

5Participants in all plans will receive additional shares equivalent to dividends payable on vested shares during the respective vesting periods.

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

Executive & Director Changes

Deepak Nath

Chief Executive Officer

Grant of share awards

Effective: 2026-04-01

Awards made under Deferred Share Bonus Plan, Global Share Plan 2020, and Restricted Share Plan 2024

John Rogers

Chief Financial Officer

Grant of share awards

Effective: 2026-04-01

Awards made under Deferred Share Bonus Plan, Global Share Plan 2020, and Restricted Share Plan 2024

Helen Barraclough

Group General Counsel & Company Secretary

Grant of share awards

Effective: 2026-04-01