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GSK (NYSE: GSK) executives receive 82% vested 2023 performance share awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

GSK plc reported that awards granted in 2023 under its 2017 Performance Share Plan for senior leaders vested at 82% of maximum, with 18% lapsing, after a three-year performance period to 31 December 2025. Vesting was driven by several business measures. Total sales over the period reached £99.03bn, above the £94.58bn level required for full vesting on that metric, while total profit was £30.22bn, above the £29.43bn 100% vesting hurdle. Total shareholder return ranked fifth in a peer group of 10 global pharmaceutical companies. Pipeline progress and responsible business environmental targets also achieved maximum vesting levels. On 13 February 2026, multiple PDMRs and one person closely associated received vested Ordinary Shares or ADS at no cost and sold portions at market prices, mainly around £21.6002 per Ordinary Share and $58.8509 per ADS, solely to meet tax liabilities.

Positive

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Negative

  • None.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
 
 
For the month of February 2026
 
Commission File Number 001-15170
 
 
GSK plc
(Translation of registrant's name into English)
 
 
79 New Oxford Street, London, WC1A 1DG
(Address of principal executive office)
 
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F . . . .X. . . . Form 40-F . . . . . . . .
 
 
GSK plc (the 'Company')
Vesting of Performance Share Plan Awards
 
This notification sets out the vesting details of awards over Ordinary Shares and American Depositary Shares ('ADS') made to Persons Discharging Managerial Responsibilities ('PDMRs') and their Persons Closely Associated ('PCAs') in February 2023 under the GlaxoSmithKline 2017 Performance Share Plan ('PSP'), which were subject to relevant business performance conditions, and the subsequent sale of Ordinary Shares and ADS to meet tax liabilities. The three-year performance period for these awards commenced on 1 January 2023 and ended on 31 December 2025. The awards vested on 13 February 2026.
 
The performance measure outcomes and vesting levels for these awards are set out in the following table. 
 
 
Outcome and Vesting Level
 
Portion of the Award
 
Measure and Outcome
 
% of maximum
 
% of award
 
30%
 
Total Shareholder Return - For the three-year period the Company's Total Shareholder Return ranked 5th, against a comparator group of 10 global pharmaceutical companies including GSK.
 
40%
 
12%
 
20%
 
Total Sales - For the three-year period, the Company achieved sales across our marketed products for the measure of £99.03bn, which is above the level of £94.58bn required for 100% vesting.  The threshold vesting level was £89.18bn.
 
100%
 
20%
 
20%
 
Total Profit - For the three-year period, the Company achieved £30.22bn, which is above the level of £29.43bn required for 100% vesting.  The threshold vesting level was £27.75bn.
100%
20%
20%
 
Pipeline Progress - Measure is equally weighted between:
-     Pivotal trial starts
-     Major regulatory approvals
 
100%
100%
 
10%
10%
10%
 
Responsible Business:  Environment - For the three-year period, all criteria for achieving our Trust priority and goal of having a Nature Net Positive and Climate Net Zero impact by 2030 have been met or exceeded in advance of the target date required to result in maximum vesting for this measure. 
100%
10%
 
Total vesting for 2023 award
Lapsed
82%
18%
82%
 
 
The notifications that follow are for awards made to PDMRs and their PCAs and detail the PSP conditional awards that vested, including dividends accrued during the vesting period, on 13 February 2026. The balance of the award made to each PDMR and PCA has lapsed.
 
The closing prices of Ordinary Shares and of ADS of GSK plc on the vesting date were £21.65 and $58.93.
 
Transaction notification
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Luke Miels
 
b)
Position/status
Chief Executive Officer
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
245,716
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Luke Miels
 
b)
Position/status
Chief Executive Officer
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
15,579
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Lynn Baxter
 
b)
Position/status
President, Europe
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
10,908
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Lynn Baxter
 
b)
Position/status
President, Europe
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
4,240
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Diana Conrad
 
b)
Position/status
Chief People Officer
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
102,653
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Diana Conrad
 
b)
Position/status
Chief People Officer
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
54,951
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Mike Crichton
 
b)
Position/status
President, International
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
10,908
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Mike Crichton
 
b)
Position/status
President, International
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
4,255
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
James Ford
 
b)
Position/status
SVP and Group General Counsel, Legal and Compliance
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
159,845
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
James Ford
 
b)
Position/status
SVP and Group General Counsel, Legal and Compliance
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
75,128
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Maya Martinez-Davis
 
b)
Position/status
President, US
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
American Depositary Shares ('ADS')
 
ISIN: US37733W2044
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
$0.00
 
42,631
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Maya Martinez-Davis
 
b)
Position/status
President, US
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
American Depositary Shares ('ADS')
 
ISIN: US37733W2044
b)
Nature of the transaction
The sale of ADS to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
$58.8509
 
15,630.222
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
New York Stock Exchange (XNYS)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Nina Mojas
 
b)
Position/status
President, Global Product Strategy
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
10,908
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Nina Mojas
 
b)
Position/status
President, Global Product Strategy
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
2,880
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Shobie Ramakrishnan
 
b)
Position/status
Chief Digital and Technology Officer
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
American Depositary Shares ('ADS')
 
ISIN: US37733W2044
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
  
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
$0.00
 
 59,379
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Shobie Ramakrishnan
 
b)
Position/status
Chief Digital and Technology Officer
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
American Depositary Shares ('ADS')
 
ISIN: US37733W2044
b)
Nature of the transaction
The sale of ADS to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
$58.8509
 
30,806
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
New York Stock Exchange (XNYS)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
David Redfern
 
b)
Position/status
President, Corporate Development
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
171,300
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
David Redfern
 
b)
Position/status
President, Corporate Development
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
80,511
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Regis Simard
 
b)
Position/status
President, Global Supply Chain
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
173,295
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Regis Simard
 
b)
Position/status
President, Global Supply Chain
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
81,449
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Phil Thomson
 
b)
Position/status
President, Global Affairs
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
79,007
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Phil Thomson
 
b)
Position/status
President, Global Affairs
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
37,134
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Deborah Waterhouse
 
b)
Position/status
CEO, ViiV Healthcare and President, Global Health, GSK
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
162,949
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Deborah Waterhouse
 
b)
Position/status
CEO, ViiV Healthcare and President, Global Health, GSK
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
76,587
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Tony Wood
 
b)
Position/status
Chief Scientific Officer
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
219,851
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Tony Wood
 
b)
Position/status
Chief Scientific Officer
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
103,330
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Victoria Whyte
 
b)
Position/status
SVP & Company Secretary
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
10,908
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Victoria Whyte
 
b)
Position/status
SVP & Company Secretary
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
5,127
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Neil Falkingham
 
b)
Position/status
PCA of Lynn Baxter (President, Europe)
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£0.00
 
10,908
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
N/A
 
 
 
1.
Details of PDMR/person closely associated with them ('PCA')
 
a)
Name
Neil Falkingham
 
b)
Position/status
PCA of Lynn Baxter (President, Europe)
 
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
GSK plc
 
b)
LEI
5493000HZTVUYLO1D793
 
3.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
 
a)
Description of the financial instrument
Ordinary Shares of 31 ¼ pence each ('Ordinary Shares')
 
ISIN: GB00BN7SWP63
b)
Nature of the transaction
The sale of Ordinary Shares to meet tax liabilities on the vesting of awards granted in 2023 under the Company's 2017 Performance Share Plan
 
c)
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
£21.6002
 
5,259
 
 
 
 
 
d)
Aggregated information
 
N/A (single transaction)
 
Aggregated volume Price
 
e)
Date of the transaction
2026-02-13
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
  
 
About GSK
GSK is a global biopharma company with a purpose to unite science, technology, and talent to get ahead of disease together. Find out more at www.gsk.com.
 
Registered in England & Wales:
No. 3888792
 
Registered Office:
79 New Oxford Street
London
WC1A 1DG

 
 
 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
 
GSK plc
 
(Registrant)
 
 
Date: February 17, 2026
 
 
 
 
By:/s/ VICTORIA WHYTE
--------------------------
 
 
 
Victoria Whyte
 
Authorised Signatory for and on
 
behalf of GSK plc


FAQ

How much of GSK (GSK) 2023 Performance Share Plan awards vested?

GSK states that 2023 Performance Share Plan awards vested at 82% of maximum. The remaining 18% of each award lapsed. Vesting followed a three-year performance period ending 31 December 2025 and depended on sales, profit, shareholder return, pipeline, and environmental targets.

What sales and profit levels did GSK (GSK) achieve for PSP vesting?

For the three-year period, GSK reports £99.03bn in sales versus a £94.58bn hurdle for full vesting. Total profit reached £30.22bn, above the £29.43bn required for 100% vesting on the profit portion of the award.

How did GSK (GSK) perform on total shareholder return for these awards?

GSK’s total shareholder return for the three-year PSP period ranked 5th in a comparator group of 10 global pharmaceutical companies, including GSK. This relative ranking determined a 40% of maximum outcome for the TSR portion of the performance share awards.

Which non-financial measures affected GSK (GSK) 2023 PSP vesting?

Non-financial measures included pipeline progress, split between pivotal trial starts and major regulatory approvals, and a responsible business environment metric tied to Nature Net Positive and Climate Net Zero 2030 goals. All such criteria were met at maximum vesting levels.

What transactions did GSK (GSK) executives make when PSP awards vested?

Senior executives received vested Ordinary Shares or ADS at £0.00 or $0.00 per unit on 13 February 2026. They then sold portions, mainly around £21.6002 per Ordinary Share and $58.8509 per ADS, specifically to cover tax liabilities arising from the vesting.

Which GSK (GSK) executives are named in the 2023 PSP vesting disclosure?

Named individuals include Luke Miels, Lynn Baxter, Diana Conrad, Mike Crichton, James Ford, Maya Martinez-Davis, Nina Mojas, Shobie Ramakrishnan, David Redfern, Regis Simard, Phil Thomson, Deborah Waterhouse, Tony Wood, Victoria Whyte, and PCA Neil Falkingham.
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