Lloyds Banking Group (NYSE: LYG) executives gain shares under incentive plan

Rhea-AI Filing Summary

Lloyds Banking Group plc reports routine share acquisitions by several senior executives under its Share Incentive Plan. On 11 May 2026, PDMRs including the CEOs of Insurance, Pensions & Investments and Consumer Relationships, the Chief Legal Officer, Chief People and Places Officer, Chief Risk Officer and Chief Sustainability Officer received Partnership Shares purchased at GBP 0.9903 and related Matching Shares in ordinary shares of 10 pence each, with transactions conducted outside a trading venue.

Key Figures

Partnership Share price: GBP 0.9903 per share Chirantan Barua shares: 31 Partnership, 45 Matching shares Kate Cheetham shares: 151 Partnership, 45 Matching shares +4 more

7 metrics

Partnership Share price GBP 0.9903 per share Acquisitions under Share Incentive Plan on 11 May 2026

Chirantan Barua shares 31 Partnership, 45 Matching shares Ordinary Shares of 10p each under Share Incentive Plan

Kate Cheetham shares 151 Partnership, 45 Matching shares Total 196 shares on 11 May 2026

Sharon Doherty shares 151 Partnership, 45 Matching shares Total 196 shares under Share Incentive Plan

Stephen Shelley shares 151 Partnership, 45 Matching shares Total 196 shares acquired outside a trading venue

Jasjyot Singh shares 101 Partnership, 45 Matching shares Total 146 shares on 11 May 2026

Andrew Walton shares 31 Partnership, 45 Matching shares Total 76 shares under Share Incentive Plan

Key Terms

Share Incentive Plan, Partnership Shares, Matching Shares, Persons Discharging Managerial Responsibilities, +1 more

5 terms

Share Incentive Plan financial

"monthly acquisition of Partnership Shares and award of Matching Shares under the Group's Share Incentive Plan ('SIP')"

A share incentive plan is a company program that gives employees or directors the chance to receive or buy company shares, often after staying with the firm or meeting performance goals. It matters to investors because it’s like giving workers a slice of the company pie to boost performance and loyalty, but issuing those slices can reduce each existing owner’s portion and change metrics such as earnings per share and share count.

Partnership Shares financial

"monthly acquisition of Partnership Shares and award of Matching Shares under the Group's Share Incentive Plan"

Matching Shares financial

"monthly acquisition of Partnership Shares and award of Matching Shares under the Group's Share Incentive Plan"

Persons Discharging Managerial Responsibilities regulatory

"NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs')"

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.

Outside a trading venue regulatory

"Place of the transaction | Outside a trading venue"

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Form 6-K: How Foreign Companies Report to the SEC →

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.20549

FORM 6-K

Report of Foreign Private Issuer

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

of the Securities Exchange Act of 1934

 13 May 2026

LLOYDS BANKING GROUP plc

(Translation of registrant's name into English)

5th Floor

25 Gresham Street

London

EC2V 7HN

United Kingdom

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports

under cover Form 20-F or Form 40-F.

Form 20-F..X..     Form 40-F 

Index to Exhibits

Item

 No. 1 Regulatory News Service Announcement, 13 May 2026

           re: Director/PDMR Shareholding

13 May 2026

LLOYDS BANKING GROUP PLC ('GROUP') - NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ('SHARES')

Monthly Partnership and Matching Shares

This announcement includes details in respect of the monthly acquisition of Partnership Shares and award of Matching Shares under the Group's Share Incentive Plan ('SIP'), made on 11 May 2026, in respect of those PDMRs who are participants in the SIP.

ENQUIRIES:

Investor Relations Douglas Radcliffe Group Investor Relations Director Email: douglas.radcliffe@lloydsbanking.com Group Corporate Affairs Matt Smith Head of Media Relations Email: matt.smith@lloydsbanking.com +44 (0) 20 7356 1571 +44 (0) 7788 352 487

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chirantan Barua
2	Reason for the notification
a)	Position/status	CEO, Insurance, Pensions & Investments
b)	Initial notification / Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lloyds Banking Group plc
b)	LEI	549300PPXHEU2JF0AM85
4	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 transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each  GB0008706128
b)	Nature of the transaction	Acquisition of Shares under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP00.9903	31
	Matching Shares		GBP00.0000	45
	d)	Aggregated information - Aggregated volume - Price	76 See 4(c)
e)	Date of the transaction	2026-05-11
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kate Cheetham
2	Reason for the notification
a)	Position/status	Chief Legal Officer and Company Secretary
b)	Initial notification / Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lloyds Banking Group plc
b)	LEI	549300PPXHEU2JF0AM85
4	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 transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each  GB0008706128
b)	Nature of the transaction	Acquisition of Shares under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP00.9903	151
	Matching Shares		GBP00.0000	45
	d)	Aggregated information - Aggregated volume - Price	196 See 4(c)
e)	Date of the transaction	2026-05-11
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sharon Doherty
2	Reason for the notification
a)	Position/status	Chief People and Places Officer
b)	Initial notification / Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lloyds Banking Group plc
b)	LEI	549300PPXHEU2JF0AM85
4	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 transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each  GB0008706128
b)	Nature of the transaction	Acquisition of Shares under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP00.9903	151
	Matching Shares		GBP00.0000	45
	d)	Aggregated information - Aggregated volume - Price	196 See 4(c)
e)	Date of the transaction	2026-05-11
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Shelley
2	Reason for the notification
a)	Position/status	Chief Risk Officer
b)	Initial notification / Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lloyds Banking Group plc
b)	LEI	549300PPXHEU2JF0AM85
4	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 transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)	Nature of the transaction	Acquisition of Shares under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP00.9903	151
	Matching Shares		GBP00.0000	45
	d)	Aggregated information - Aggregated volume - Price	196 See 4(c)
e)	Date of the transaction	2026-05-11
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jasjyot Singh
2	Reason for the notification
a)	Position/status	CEO, Consumer Relationships
b)	Initial notification / Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lloyds Banking Group plc
b)	LEI	549300PPXHEU2JF0AM85
4	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 transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)	Nature of the transaction	Acquisition of Shares under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP00.9903	101
	Matching Shares		GBP00.0000	45
	d)	Aggregated information - Aggregated volume - Price	146 See 4(c)
e)	Date of the transaction	2026-05-11
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Walton
2	Reason for the notification
a)	Position/status	Chief Sustainability Officer and Chief Corporate Affairs Officer
b)	Initial notification / Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lloyds Banking Group plc
b)	LEI	549300PPXHEU2JF0AM85
4	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 transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)	Nature of the transaction	Acquisition of Shares under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP00.9903	31
	Matching Shares		GBP00.0000	45
	d)	Aggregated information - Aggregated volume - Price	76 See 4(c)
e)	Date of the transaction	2026-05-11
f)	Place of the transaction	Outside a trading venue

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 authorized.

LLOYDS BANKING GROUP plc

 (Registrant)

By: Douglas Radcliffe

Name: Douglas Radcliffe

Title: Group Investor Relations Director

Date: 13 May 2026



FAQ

What did Lloyds Banking Group (LYG) disclose in this Form 6-K?

Lloyds Banking Group disclosed routine executive share acquisitions under its Share Incentive Plan. Several senior managers received Partnership Shares bought at GBP 0.9903 and Matching Shares in ordinary shares of 10 pence each, with all transactions dated 11 May 2026 outside a trading venue.

Which Lloyds Banking Group (LYG) executives acquired shares in this update?

Six senior executives participated: Chirantan Barua, Kate Cheetham, Sharon Doherty, Stephen Shelley, Jasjyot Singh and Andrew Walton. Each acquired Partnership Shares and received Matching Shares in Lloyds Banking Group ordinary shares via the Group’s Share Incentive Plan on 11 May 2026.

What share price applied to the Lloyds (LYG) Partnership Shares?

The Partnership Shares were acquired at GBP 0.9903 per ordinary share of 10 pence each. This price applies to all participating executives in the Share Incentive Plan transaction recorded on 11 May 2026 and disclosed in the Lloyds Banking Group Form 6-K filing.

How many Lloyds (LYG) shares did Kate Cheetham receive in this plan cycle?

Kate Cheetham received 196 shares in total, consisting of 151 Partnership Shares purchased at GBP 0.9903 and 45 Matching Shares at no cost. All these Lloyds Banking Group ordinary shares of 10 pence each were awarded on 11 May 2026.

Were these Lloyds (LYG) executive share transactions market trades?

No, these were plan-based acquisitions outside a trading venue. The executives obtained Partnership and Matching Shares through Lloyds Banking Group’s Share Incentive Plan, with the filing clearly stating the place of the transaction as “Outside a trading venue” for all entries.