Shell reported $266.9B in revenue and $18.1B in net income for fiscal 2025.
See the full SHEL financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.
Director/PDMR Shareholding
Shell (NYSE:SHEL) reported a transaction by a person discharging managerial responsibilities under EU and UK market abuse rules.
Shell (NYSE:SHEL) reported a transaction by a person discharging managerial responsibilities under EU and UK market abuse rules.
Cederic Cremers, President Integrated Gas, disposed of 9,000 ordinary shares at €35.825 each on May 8, 2026, totaling €322,425, outside a trading venue.
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Positive
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Negative
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News Market Reaction – SHEL
+1.66%
+1.66%Session close to close
In the May 11 session, SHEL gained 1.66%, reflecting a mild positive market reaction.
This announcement reports a disposal of 9,000 ordinary shares at €35.825 each (total €322,425) by Sh...
Analysis
This announcement reports a disposal of 9,000 ordinary shares at €35.825 each (total €322,425) by Shell’s President, Integrated Gas, under EU and UK market abuse regimes. It follows recent Q1 2026 results, a new $3.0 billion buyback, and a dividend increase, all of which previously saw short-term price weakness. Investors may watch future director dealings, ongoing buyback execution, and upcoming results for additional signals about capital allocation and governance.
Key Figures
Disposal price:€35.825Disposal volume:9,000 sharesTransaction value:€322,425+2 more
5 metrics
Disposal price€35.825Price per ordinary share in director disposal on May 8, 2026
Disposal volume9,000 sharesNumber of ordinary shares disposed by President, Integrated Gas
Transaction value€322,425Total value of disclosed director share disposal
Nominal share value€0.07Nominal value per ordinary share referenced in the notification
Transaction dateMay 8, 2026Date of the director share disposal
Publication of 2025 annual financial statements for Shell International Finance B.V.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent positive corporate actions (earnings, buybacks, dividend) were followed by negative 24-hour price reactions, suggesting a tendency for the stock to sell off after ostensibly supportive news.
Recent Company History
Over the past weeks, Shell reported Q1 2026 results with adjusted earnings around $6.9 billion, detailed strong cash generation and shareholder returns, and announced a new $3.0 billion buyback plus a 5% dividend increase. It also published 2025 annual financial statements. Despite these supportive updates, 24-hour reactions ranged from -1.86% to -3.39%, indicating recent news-flow strength did not translate into immediate price gains ahead of this director transaction disclosure.
"TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE"
Persons Discharging Managerial Responsibilities are the key people in a company who make big decisions, like top managers or executives. Knowing who they are is important because their actions can influence the company’s success or failure, and they are often required to share information about their dealings to ensure transparency for investors and the public.
market abuseregulatory
"IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES"
Market abuse is illegal or unethical behavior that distorts the price or fairness of buying and selling financial assets, such as using secret information to trade, spreading false or misleading news, or creating fake buying and selling to give a false impression of demand. It matters to investors because it can cause unfair losses, unreliable prices and legal or reputational fallout; like cheating in a game or tampering with a scale, it destroys confidence that markets reflect true value.
A legal entity identifier (LEI) is a unique, standardized code that functions like a global ID card for businesses and organizations involved in financial markets. It helps investors and regulators reliably identify who is on the other side of a deal, trace ownership and links between firms, and reduce confusion or fraud — improving transparency for reporting, risk assessment, and cross-border trades.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
May 11, 2026
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/amendments
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
Disposal of ordinary shares
Currency
EUR
Price
35.825
Volume
9,000
Total
322,425
Aggregated information:
Price
35.825
Volume
9,000
Total
322,425
Date of transaction
May 8, 2026
Place of transaction
Outside a trading venue
Julie Keefe Deputy Company Secretary
ENQUIRIES
Shell Media Relations International, UK, European Press: +44 20 7934 5550
FAQ
What PDMR share transaction did Shell (SHEL) disclose on May 11, 2026?
Shell disclosed that Cederic Cremers, President Integrated Gas, disposed of 9,000 ordinary shares on May 8, 2026. According to Shell, the shares were sold at €35.825 each, for a total value of €322,425, outside a trading venue.
Who is Cederic Cremers in the Shell (SHEL) May 2026 share dealing notice?
Cederic Cremers is President, Integrated Gas at Shell and a person discharging managerial responsibilities. According to Shell, he notified a disposal of 9,000 ordinary shares in Shell at €35.825 per share on May 8, 2026, executed outside a trading venue.
How many Shell (SHEL) shares did Cederic Cremers sell and at what price?
Cederic Cremers sold 9,000 Shell ordinary shares at a price of €35.825 per share. According to Shell, the aggregated transaction value was €322,425, with the trade conducted outside a trading venue on May 8, 2026, under market abuse disclosure rules.
When did the Shell (SHEL) PDMR share disposal by Cederic Cremers take place?
The share disposal took place on May 8, 2026. According to Shell, President Integrated Gas Cederic Cremers sold 9,000 ordinary shares at €35.825 each, for a total of €322,425, in a transaction carried out outside a trading venue and later notified.
What type of Shell (SHEL) financial instrument was involved in Cederic Cremers’ May 2026 transaction?
The transaction involved ordinary shares of €0.07 each in Shell. According to Shell, 9,000 ordinary shares with ISIN GB00BP6MXD84 were disposed of at €35.825 per share, resulting in total aggregated consideration of €322,425, outside a trading venue.
Why did Shell (SHEL) publish a director/PDMR shareholding notification for May 11, 2026?
Shell published the notification to comply with EU and UK market abuse disclosure requirements. According to Shell, the filing reports President Integrated Gas Cederic Cremers’ disposal of 9,000 ordinary shares at €35.825 each on May 8, 2026, outside a trading venue.
