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Lloyds Banking (NYSE: LYG) executives receive partnership and matching shares

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

Rhea-AI Filing Summary

Lloyds Banking Group plc reports routine share acquisitions by several senior executives under its Share Incentive Plan on 9 April 2026. Executives bought partnership shares at GBP1.0214 each and received additional matching shares at no cost.

Participants included the CEOs of Insurance, Pensions & Investments and Consumer Relationships, the Chief Legal Officer, Chief People and Places Officer, Chief Risk Officer, and the Chief Sustainability and Corporate Affairs Officer. Individual acquisitions ranged from 29 to 147 partnership shares, with matching awards between 42 and 44 shares.

Positive

  • None.

Negative

  • None.
Partnership share price GBP1.0214 per share Acquisitions under Share Incentive Plan on 9 April 2026
Chirantan Barua partnership shares 29 shares Partnership Shares acquired at GBP1.0214
Chirantan Barua matching shares 42 shares Matching Shares at GBP0.0000
Kate Cheetham partnership shares 147 shares Partnership Shares acquired at GBP1.0214
Kate Cheetham matching shares 44 shares Matching Shares at GBP0.0000
Transaction date 2026-04-09 Date of all disclosed SIP acquisitions
Share Incentive Plan financial
"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"
Matching Shares financial
"Partnership Shares | | GBP01.0214 | 29 | Matching Shares | | GBP00.0000 | 42"
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"
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 April 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 April 2026
           reDirector/PDMR Shareholding
 
 
 
13 April 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 9 April 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
 
 
GBP01.0214
29
 
Matching Shares
 
 
GBP00.0000
42
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
71
 
See 4(c)
e)
Date of the transaction
 
2026-04-09
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
 
 
GBP01.0214
147
 
Matching Shares
 
 
GBP00.0000
44
 

 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
191
 
See 4(c)
e)
Date of the transaction
 
2026-04-09
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
 
 
GBP01.0214
147
 
Matching Shares
 
 
GBP00.0000
44
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
191
 
See 4(c)
e)
Date of the transaction
 
2026-04-09
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
 
 
GBP01.0214
147
 
Matching Shares
 
 
GBP00.0000
44
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
191
 
See 4(c)
 
e)
Date of the transaction
 
2026-04-09
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
 
 
GBP01.0214
98
 
Matching Shares
 
 
GBP00.0000
44
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
142
 
See 4(c)
 
e)
Date of the transaction
 
2026-04-09
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
 
 
GBP01.0214
29
 
Matching Shares
 
 
GBP00.0000
42
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
71
 
See 4(c)
e)
Date of the transaction
 
2026-04-09
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 April 2026

FAQ

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

Lloyds Banking Group disclosed routine share acquisitions by several senior executives under its Share Incentive Plan. On 9 April 2026, they bought partnership shares at GBP1.0214 and received additional matching shares at no cost as part of ongoing employee share ownership.

Which Lloyds Banking Group (LYG) executives acquired shares in April 2026?

Executives acquiring shares included CEOs for Insurance, Pensions & Investments and Consumer Relationships, plus the Chief Legal Officer, Chief People and Places Officer, Chief Risk Officer, and the Chief Sustainability and Corporate Affairs Officer. All participated through the Group’s Share Incentive Plan on 9 April 2026.

At what price were Lloyds Banking Group (LYG) partnership shares acquired?

The partnership shares were acquired at a price of GBP1.0214 per ordinary share of 10 pence each. Matching shares granted under the Share Incentive Plan carried a price of GBP0.0000, reflecting that they were awarded without additional cash payment by the executives.

How many Lloyds Banking Group (LYG) shares did each executive receive under the plan?

Individual executives acquired between 29 and 147 partnership shares, with matching awards between 42 and 44 shares. For example, one executive acquired 147 partnership shares plus 44 matching shares, while others acquired 29 or 98 partnership shares with 42 or 44 matching shares respectively.

When did the Lloyds Banking Group (LYG) Share Incentive Plan transactions occur?

All disclosed transactions occurred on 9 April 2026. On that date, participating executives acquired partnership shares at GBP1.0214 and received matching shares at GBP0.0000 under the Group’s Share Incentive Plan, with transactions conducted outside a trading venue as specified.