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.

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.

Director/PDMR Shareholding

Shell (NYSE:SHEL) reported a transaction by a person discharging managerial responsibilities under EU and UK market abuse rules.

Rhea-AI Impact

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Rhea-AI Sentiment

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Rhea-AI Summary

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.

Argus May 11 session

+1.66% close to close Open Argus

Details

News Market Reaction – SHEL

On May 11, the day this news came out, SHEL closed 1.66% above the previous close.

Data tracked by StockTitan Argus for the May 11 session.

Key Figures

Disposal price: €35.825 Disposal volume: 9,000 shares Transaction value: €322,425 +2 more

Disposal price: €35.825; Price per ordinary share in director disposal on May 8, 2026
Disposal volume: 9,000 shares; Number of ordinary shares disposed by President, Integrated Gas
Transaction value: €322,425; Total value of disclosed director share disposal
Nominal share value: €0.07; Nominal value per ordinary share referenced in the notification
Transaction date: May 8, 2026; Date of the director share disposal

Historical Context

5 past events · Latest: May 07

5 events

May 07
Share buyback launch

24h Move

-3.4%

Announcement of a $3.0 billion on‑market share buyback programme.
May 07
Dividend declaration

24h Move

-3.4%

Q1 2026 interim dividend of US$0.3906 per share and US$0.7812 per ADS.
May 07
Earnings release

24h Move

-3.4%

Q1 2026 adjusted earnings, buyback announcement, dividend increase, ARC acquisition.
May 07
Results update

24h Move

-3.4%

Unaudited Q1 2026 results with detailed earnings, cash flow and capital returns.
May 01
Financial statements

24h Move

-1.9%

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.

Key Terms

persons discharging managerial responsibilities, market abuse, legal entity identifier

3 terms

persons discharging managerial responsibilities regulatory

"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 abuse regulatory

"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.

legal entity identifier regulatory

"Legal Entity Identifier code | 21380068P1DRHMJ8KU70"

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.

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05/11/2026 - 09:50 AM EDT

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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.

Director/PDMR Shareholding