Director/PDMR Shareholding

Rhea-AI Summary

Shell plc (NYSE:SHEL) has disclosed multiple dividend share acquisitions by its senior executives following the Q1 2025 interim dividend payment on June 23, 2025. The transactions involved several key executives including CFO Sinead Gorman, who acquired 2,168.85 shares at GBP 25.8122 per share.

Other notable acquisitions include Chief Legal Officer Philippa Bounds (370.66 shares), Upstream President Peter Costello (1,048.93 shares), and Integrated Gas President Cederic Cremers (346.10 shares). The transactions were executed across multiple exchanges including London Stock Exchange (LSE), Euronext Amsterdam (AMS), and New York Stock Exchange (NYSE), with share prices of GBP 25.8122, EUR 30.3232, and USD 70.88 respectively.

These share acquisitions were made through the company's dividend reinvestment program for shares previously awarded under annual bonus and employee share plans held in Share Plan Accounts.

Positive

• Multiple senior executives increased their shareholdings through dividend reinvestment, demonstrating confidence in the company
• Systematic dividend reinvestment program in place for executive share plans
• Transactions executed across major exchanges (LSE, NYSE, AMS) showing strong international presence

Negative

• None.

News Market Reaction – SHEL

-0.80%

1 alert

-0.80% News Effect

On the day this news was published, SHEL declined 0.80%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
June 30, 2025
Shell plc (the "Company") has been notified that following the payment of the interim dividend on June 23, 2025 in respect of the first quarter of 2025, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2024 (www.shell.com/annualreport).
PDMR	Date Acquired	Share Type	Number of dividend shares acquired	Purchase price per Share
Sinead Gorman	26 June 2025	SHEL (LSE)	2,168.85007	GBP 25.8122
Philippa Bounds	26 June 2025	SHELL (AMS)	0.00607	EUR 30.3232
Philippa Bounds	26 June 2025	SHEL (LSE)	370.65114	GBP 25.8122
Peter Costello	26 June 2025	SHELL (AMS)	31.06261	EUR 30.3232
Peter Costello	26 June 2025	SHEL (LSE)	1,017.86669	GBP 25.8122
Cederic Cremers	26 June 2025	SHELL (AMS)	346.10003	EUR 30.3232
Machteld de Haan	26 June 2025	SHELL (AMS)	298.36797	EUR 30.3232
Machteld de Haan	26 June 2025	SHEL ADS (NYSE)	21.82433	USD 70.88
Robin Mooldijk	26 June 2025	SHELL (AMS)	720.84818	EUR 30.3232
Andrew Smith	26 June 2025	SHELL (AMS)	430.84853	EUR 30.3232
Rachel Solway	26 June 2025	SHEL (LSE)	85.49247	GBP 25.8122
The Notification of Dealing Form for each PDMR can be found below.
Julie Keefe
Deputy Company Secretary
ENQUIRIES
Shell Media Relations
International +44 207 934 5550; U.S. and Canada: Contact form
LEI number of Shell plc: 21380068P1DRHMJ8KU70
Classification: Additional regulated information required to be disclosed under the laws of the United Kingdom.

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Sinead
Last Name(s)	Gorman
2. Reason for the notification
Position/status	Chief Financial Officer
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	GBP
Price	25.8122
Volume	2,168.85007
Total	55,982.792
Aggregated information
Volume	2,168.85007
Price	25.8122
Total	55,982.792
Date of transaction	26/06/2025
Place of transaction	London

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Philippa
Last Name(s)	Bounds
2. Reason for the notification
Position/status	Chief Legal Officer
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	30.3232
Volume	0.00607
Total	0.184
Aggregated information
Volume	0.00607
Price	30.3232
Total	0.184
Date of transaction	26/06/2025
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Philippa
Last Name(s)	Bounds
2. Reason for the notification
Position/status	Chief Legal Officer
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	GBP
Price	25.8122
Volume	370.65114
Total	9,567.321
Aggregated information
Volume	370.65114
Price	25.8122
Total	9,567.321
Date of transaction	26/06/2025
Place of transaction	London

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Peter
Last Name(s)	Costello
2. Reason for the notification
Position/status	President, Upstream
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	30.3232
Volume	31.06261
Total	941.918
Aggregated information
Volume	31.06261
Price	30.3232
Total	941.918
Date of transaction	26/06/2025
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Peter
Last Name(s)	Costello
2. Reason for the notification
Position/status	President, Upstream
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	GBP
Price	25.8122
Volume	1,017.86669
Total	26,273.379
Aggregated information
Volume	1,017.86669
Price	25.8122
Total	26,273.379
Date of transaction	26/06/2025
Place of transaction	London

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Cederic
Last Name(s)	Cremers
2. Reason for the notification
Position/status	President, Integrated Gas
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	30.3232
Volume	346.10003
Total	10,494.86
Aggregated information
Volume	346.10003
Price	30.3232
Total	10,494.86
Date of transaction	26/06/2025
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Machteld
Last Name(s)	De Haan
2. Reason for the notification
Position/status	President, Downstream, Renewables and Energy Solutions
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	30.3232
Volume	298.36797
Total	9,047.472
Aggregated information
Volume	298.36797
Price	30.3232
Total	9,047.472
Date of transaction	26/06/2025
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Machteld
Last Name(s)	De Haan
2. Reason for the notification
Position/status	President, Downstream, Renewables and Energy Solutions
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	American Depository Shares (SHEL)
Identification Code	US7802593050
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	USD
Price	70.88
Volume	21.82433
Total	1,546.909
Aggregated information
Volume	21.82433
Price	70.88
Total	1,546.909
Date of transaction	26/06/2025
Place of transaction	New York

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Robin
Last Name(s)	Mooldijk
2. Reason for the notification
Position/status	Projects & Technology Director
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	30.3232
Volume	720.84818
Total	21,858.424
Aggregated information
Volume	720.84818
Price	30.3232
Total	21,858.424
Date of transaction	26/06/2025
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Andrew
Last Name(s)	Smith
2. Reason for the notification
Position/status	President, Trading and Supply
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	30.3232
Volume	430.84853
Total	13,064.706
Aggregated information
Volume	430.84853
Price	30.3232
Total	13,064.706
Date of transaction	26/06/2025
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Rachel
Last Name(s)	Solway
2. Reason for the notification
Position/status	Chief Human Resources & Corporate Officer
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	GBP
Price	25.8122
Volume	85.49247
Total	2,206.749
Aggregated information
Volume	85.49247
Price	25.8122
Total	2,206.749
Date of transaction	26/06/2025
Place of transaction	London

FAQ

How many Shell shares did CFO Sinead Gorman acquire in June 2025?

Sinead Gorman acquired 2,168.85007 shares at GBP 25.8122 per share on June 26, 2025.

What was the price of Shell shares on different exchanges for the June 2025 dividend reinvestment?

The shares were priced at GBP 25.8122 on LSE, EUR 30.3232 on Amsterdam, and USD 70.88 on NYSE.

Which Shell executives participated in the June 2025 dividend share acquisition?

Key participants included CFO Sinead Gorman, Chief Legal Officer Philippa Bounds, Upstream President Peter Costello, Integrated Gas President Cederic Cremers, and several other senior executives.

When was Shell's Q1 2025 interim dividend paid?

Shell's Q1 2025 interim dividend was paid on June 23, 2025.

How did Shell executives acquire these additional shares?

The shares were acquired through dividend reinvestment on shares previously delivered under annual bonus and employee share plans held in Share Plan Accounts.