HSBC Form 6-K: Ian Stuart acquires 16 SIP shares at £9.5738

Rhea-AI Filing Summary

HSBC Holdings plc filed a Form 6-K reporting that on 27 August 2025 Ian Stuart, a person discharging managerial responsibilities, acquired 16 ordinary shares of US$0.50 each under the Company’s UK Share Incentive Plan at a price of £9.5738 per share. The disclosure was made under the UK version of the EU Market Abuse Regulation 596/2014 and provides the transaction currency as GBP with an aggregated volume of 16 shares.

Insights

Corporate Governance Expert

TL;DR: A small SIP purchase by a senior insider was disclosed, complying with market-abuse rules and showing ongoing participation in employee share plans.

The reported acquisition is routine compliance disclosure under the UK Market Abuse Regulation and the Company’s insider reporting framework. The transaction size (16 shares) and the execution under the UK Share Incentive Plan indicate a personal allocation or purchase consistent with employee/share-based remuneration arrangements rather than a market-moving trade. For governance and compliance reviewers this confirms timely insider reporting and operational use of the SIP; it does not materially alter shareholdings or control.

Securities Analyst

TL;DR: Transaction is immaterial to HSBC's capital structure and does not affect investor valuation metrics.

From a market-impact perspective, the disclosed purchase is negligible: 16 ordinary shares at £9.5738 each represent a de minimis economic interest relative to HSBC’s outstanding capital. The disclosure is useful for transparency but carries no measurable effect on earnings, cash flow, leverage, or ownership concentration. Analysts tracking insider behaviour can note continued participation in the SIP, but there is no investor-significant signal in this specific transaction.

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a - 16 or 15d - 16 of

the Securities Exchange Act of 1934

For the month of August

HSBC Holdings plc

42nd Floor, 8 Canada Square, London E14 5HQ, England

(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  

HSBC HOLDINGS PLC

29 August 2025

Notification of a Transaction by a Person Discharging Managerial Responsibilities

On 27 August 2025, Ian Stuart acquired 16 ordinary shares of US$0.50 each (the "Shares") in HSBC Holdings plc (the "Company"). The Shares were acquired under the Company's UK Share Incentive Plan ("SIP") at £9.5738 per Share.

The following disclosure is made in accordance with the UK version of the EU Market Abuse Regulation 596/2014.

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person				Ian Stuart
2 - Reason for the notification
Position/status				Chief Executive, HSBC UK Bank plc
Initial notification/amendment				Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity				HSBC Holdings plc
Legal Entity Identifier code				MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-08-27	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition under the UK Share Incentive Plan			£9.57	16	£153.18
			Aggregated	£9.574	16	£153.18

For any queries related to this notification, please contact:

Lee Davis

Corporate Governance & Secretariat

shareholderquestions@hsbc.com

SIGNATURE

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 authorized.

HSBC Holdings plc

By:

Name: Aileen Taylor

Title: Group Company Secretary and Chief Governance Officer

Date: 29 August 2025

FAQ

What did HSBC (HSBC) disclose in the Form 6-K dated 29 August 2025?

The filing discloses that Ian Stuart acquired 16 ordinary shares of HSBC under the UK Share Incentive Plan at £9.5738 per share, reported under the UK Market Abuse Regulation.

Who made the share purchase reported for HSBC and when was it executed?

The purchase was made by Ian Stuart and executed on 27 August 2025, with the disclosure filed on 29 August 2025.

How many shares and what currency were used in the HSBC insider transaction?

The transaction involved an aggregated volume of 16 ordinary shares denominated in GBP.

Was the HSBC transaction part of a company plan or a market trade?

The Shares were acquired under HSBC’s UK Share Incentive Plan (SIP), not an open-market trade.