HSBC (HSBC) executive Jonathan Bingham reports initial share and award holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
HSBC Holdings plc executive Jonathan Bingham, Global Financial Controller, filed an initial ownership report listing his equity interests in the company. The filing shows several conditional share awards over HSBC ordinary shares of US$0.50 par value, alongside direct and indirect ordinary share holdings.
Direct positions include conditional awards over 3,233, 6,097, 19,628, 31,288 and 28,081 underlying ordinary shares, plus 23,133 ordinary shares held directly. Indirect holdings include 40,481 ordinary shares held by his spouse and 1,773 ordinary shares held by a trust in the HSBC UK Share Incentive Plan. Footnotes describe grants made between March 2022 and March 2026, with vesting schedules extending through 2030 and dividend equivalent eligibility on the 2026 award.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Bingham Jonathan
Role
Global Financial Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Conditional Award | -- | -- | -- |
| holding | Conditional Award | -- | -- | -- |
| holding | Conditional Award | -- | -- | -- |
| holding | Conditional Award | -- | -- | -- |
| holding | Conditional Award | -- | -- | -- |
| holding | Ordinary shares of US$0.50 | -- | -- | -- |
| holding | Ordinary shares of US$0.50 | -- | -- | -- |
| holding | Ordinary shares of US$0.50 | -- | -- | -- |
Holdings After Transaction:
Conditional Award — 3,233 shares (Direct);
Ordinary shares of US$0.50 — 23,133 shares (Direct);
Ordinary shares of US$0.50 — 40,481 shares (Indirect, By spouse)
Footnotes (1)
- The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. On March 15, 2022, Mr. Bingham received a grant of a conditional award representing the right to potentially receive 16,153 Ordinary Shares, 80% of which has vested and settled in Ordinary Shares. The conditional award vests in five equal annual installments in March of each year, ending in March 2027. All vested conditional awards are settled in Ordinary Shares within 30 days of vesting, but may be cash-settled at the election of HSBC Holdings plc board of directors. On March 11, 2023, Mr. Bingham received a grant of a conditional award representing the right to potentially receive 15,241 Ordinary Shares, 60% of which has vested and settled in Ordinary Shares. The remaining 40% of the conditional award vests in two equal annual installments in March of each of 2027 and 2028. On March 12, 2024, Mr. Bingham received a grant of a conditional award representing the right to potentially receive 32,712 Ordinary Shares, 40% of which has vested and settled in Ordinary Shares. The remaining 60% of the conditional award vests in three equal annual installments in March of each of 2027, 2028 and 2029. On March 12, 2025, Mr. Bingham received a grant of a conditional award representing the right to potentially receive 39,109 Ordinary Shares, 20% of which has vested and settled in Ordinary Shares. The remaining 80% of the conditional award vests in four equal annual installments in March of each of 2027, 2028, 2029 and 2030. On March 9, 2026, Mr. Bingham received a grant of a conditional award representing the right to potentially receive 28,081 Ordinary Shares. The conditional award vests in four equal annual installments in March of each year, ending in March 2030. Mr. Bingham is eligible to earn dividend equivalent units on this conditional award.
FAQ
What does Jonathan Bingham’s Form 3 filing for HSBC (HSBC) show?
The Form 3 establishes Jonathan Bingham’s initial ownership in HSBC. It lists multiple conditional share awards over ordinary shares of US$0.50 and direct and indirect ordinary share holdings, providing a baseline view of his equity-linked compensation and share interests.
How do Jonathan Bingham’s HSBC (HSBC) conditional awards vest over time?
The awards vest in annual installments each March. Earlier grants from 2022 to 2025 have portions already vested and settled in ordinary shares, while remaining portions continue vesting through 2027, 2028, 2029 and 2030, as detailed for each grant in the footnotes.
What indirect HSBC (HSBC) holdings are attributed to Jonathan Bingham?
Indirect holdings include 40,481 ordinary shares held by his spouse and 1,773 ordinary shares held by a trust in the HSBC UK Share Incentive Plan. A footnote states he disclaims beneficial ownership of these securities for Section 16 and other purposes.
How are Jonathan Bingham’s HSBC (HSBC) conditional awards settled at vesting?
All vested conditional awards are settled in HSBC ordinary shares within 30 days of vesting. However, the HSBC Holdings plc board of directors may instead elect to settle these vested awards in cash, giving flexibility in how compensation is delivered.
What is notable about the March 9, 2026 HSBC (HSBC) conditional award to Jonathan Bingham?
On March 9, 2026, he received a conditional award over 28,081 ordinary shares. This award vests in four equal annual installments each March through 2030, and he is eligible to earn dividend equivalent units on this grant while it remains outstanding.