BHP Group (NYSE: BHP) CEO moves 556,394 shares to nominee accounts
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
BHP Group Limited filed a Form 6-K detailing internal transfers of shareholdings by Chief Executive Officer Mike Henry. He transferred 471,723 ordinary shares in BHP Group Limited to a Citicorp Nominees Pty Limited account and 84,671 depositary interests to an Aurora Nominees Limited account, both at a stated price of Nil and outside a trading venue on 30 June 2026.
Prior to the change, Henry’s interests included 556,394 ordinary shares held indirectly, plus a maximum of 643,505 performance rights under the Long Term Incentive Plan and 340,109 deferred rights under the Cash and Deferred Plan. The filing characterizes these movements as transfers rather than market trades.
Positive
- None.
Negative
- None.
Key Figures
Ordinary shares transferred: 471,723 shares
Depositary interests transferred: 84,671 depositary interests
Indirect ordinary shares prior to change: 556,394 shares
+3 more
6 metrics
Ordinary shares transferred
471,723 shares
Transfer to Citicorp Nominees on 30 June 2026 at Nil price
Depositary interests transferred
84,671 depositary interests
Transfer to Aurora Nominees on 30 June 2026 at Nil price
Indirect ordinary shares prior to change
556,394 shares
Indirect holding in BHP Group Limited ordinary shares before reported change
Performance rights
643,505 rights
Maximum performance rights under Long Term Incentive Plan, service and performance conditions apply
Deferred rights
340,109 rights
Deferred rights under Cash and Deferred Plan, service conditions apply
Transaction dates
30 June 2026 / 2026-06-30
Dates recorded for both share and depositary interest transfers
Key Terms
PDMR (Chief Executive Officer), performance rights, Long Term Incentive Plan, deferred rights, +2 more
6 terms
PDMR (Chief Executive Officer) financial
"Position/status | | PDMR (Chief Executive Officer)"
performance rights financial
"643,505 maximum number of performance rights under the Long Term Incentive Plan"
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
Long Term Incentive Plan financial
"under the Long Term Incentive Plan subject to satisfying applicable service and performance conditions"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
deferred rights financial
"340,109 deferred rights under the Cash and Deferred Plan"
depositary interests financial
"Depositary interests each representing one ordinary share in BHP Group Limited"
Depositary interests are certificates or electronic receipts that represent ownership of shares in a foreign company held by a local custodian, letting investors buy and sell those shares on their home exchange without directly holding the underlying foreign stock. Think of them like a warehouse receipt for goods stored overseas: they make trading simpler and often avoid the need to deal with foreign paperwork, currency or settlement systems. Investors use them to access foreign companies more easily, but rights such as voting and dividend timing can differ from holding the original shares.
LEI financial
"LEI | | WZE1WSENV6JSZFK0JC28"
A Legal Entity Identifier (LEI) is a unique 20-character code assigned to a company or organization that participates in financial markets, like a corporate passport number. It helps investors and regulators unambiguously identify counterparties across databases and transactions, reducing confusion much like using a vehicle identification number to track a car’s history; clearer identification improves transparency, risk monitoring, and regulatory reporting.
FAQ
What insider transaction did BHP (BHP) disclose in this Form 6-K?
BHP disclosed that CEO Mike Henry transferred 471,723 ordinary shares and 84,671 depositary interests into nominee accounts. The transfers were recorded at a price of Nil and conducted outside a trading venue on 30 June 2026.
What derivative awards does BHP CEO Mike Henry hold according to this notice?
The notice states Mike Henry holds 643,505 maximum performance rights under BHP’s Long Term Incentive Plan and 340,109 deferred rights under the Cash and Deferred Plan. Both give rights to receive ordinary shares subject to specified service and performance conditions.