STOCK TITAN

[6-K] National Grid PLC Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Pinnacle Financial Partners (PNFP) – Form 4: Director Gregory L. Burns disclosed a small open-market purchase.

  • Date: 07/30/2025
  • Shares bought: 174
  • Price: $91.43 per share (≈ $15.9k total)
  • Ownership after trade: 174 shares indirect (spouse IRA) plus 20,732 shares held directly
  • Transaction code: P (Purchase)
The buy modestly increases Burns’ stake but is immaterial to PNFP’s share count. Insider purchases typically signal confidence, yet the limited size means negligible impact on valuation or control.

Pinnacle Financial Partners (PNFP) – Modulo 4: Il direttore Gregory L. Burns ha comunicato un piccolo acquisto sul mercato aperto.

  • Data: 30/07/2025
  • Azioni acquistate: 174
  • Prezzo: $91,43 per azione (circa $15,9k in totale)
  • Partecipazione dopo la transazione: 174 azioni indirette (IRA del coniuge) più 20.732 azioni detenute direttamente
  • Codice transazione: P (Acquisto)
L'acquisto aumenta modestamente la partecipazione di Burns, ma è irrilevante rispetto al totale delle azioni PNFP. Gli acquisti da parte degli insider generalmente indicano fiducia, tuttavia la dimensione limitata implica un impatto trascurabile su valutazione o controllo.

Pinnacle Financial Partners (PNFP) – Formulario 4: El director Gregory L. Burns declaró una pequeña compra en el mercado abierto.

  • Fecha: 30/07/2025
  • Acciones compradas: 174
  • Precio: $91.43 por acción (≈ $15.9k en total)
  • Participación después de la operación: 174 acciones indirectas (IRA del cónyuge) más 20,732 acciones en propiedad directa
  • Código de transacción: P (Compra)
La compra incrementa modestamente la participación de Burns, pero es insignificante respecto al total de acciones de PNFP. Las compras internas suelen reflejar confianza, aunque el tamaño limitado implica un impacto despreciable en la valoración o el control.

Pinnacle Financial Partners (PNFP) – Form 4: 이사 Gregory L. Burns가 소규모 공개 시장 매수를 신고했습니다.

  • 날짜: 2025년 7월 30일
  • 매수 주식 수: 174주
  • 가격: 주당 $91.43 (총 약 $15,900)
  • 거래 후 보유 주식: 배우자 IRA를 통한 간접 보유 174주 및 직접 보유 20,732주
  • 거래 코드: P (구매)
이번 매수는 Burns의 지분을 소폭 늘렸으나 PNFP의 총 주식 수에는 미미한 영향입니다. 내부자 매수는 일반적으로 신뢰를 나타내지만, 규모가 작아 평가나 지배력에 미치는 영향은 거의 없습니다.

Pinnacle Financial Partners (PNFP) – Formulaire 4 : Le directeur Gregory L. Burns a déclaré un petit achat sur le marché libre.

  • Date : 30/07/2025
  • Actions achetées : 174
  • Prix : 91,43 $ par action (≈ 15,9 k$ au total)
  • Participation après la transaction : 174 actions indirectes (IRA du conjoint) plus 20 732 actions détenues directement
  • Code de transaction : P (Achat)
L'achat augmente modestement la participation de Burns, mais reste insignifiant par rapport au nombre total d'actions PNFP. Les achats d'initiés traduisent généralement une confiance, mais la taille limitée implique un impact négligeable sur la valorisation ou le contrôle.

Pinnacle Financial Partners (PNFP) – Formular 4: Direktor Gregory L. Burns meldete einen kleinen Kauf am offenen Markt.

  • Datum: 30.07.2025
  • Gekaufte Aktien: 174
  • Preis: $91,43 pro Aktie (ca. $15,9k insgesamt)
  • Eigentum nach dem Handel: 174 Aktien indirekt (Ehepartner IRA) plus 20.732 Aktien direkt gehalten
  • Transaktionscode: P (Kauf)
Der Kauf erhöht Burns’ Anteil leicht, ist jedoch im Verhältnis zur Gesamtzahl der PNFP-Aktien unerheblich. Insider-Käufe signalisieren meist Vertrauen, doch die geringe Größe bedeutet einen vernachlässigbaren Einfluss auf Bewertung oder Kontrolle.

Positive
  • Insider purchase: Director Gregory L. Burns acquired 174 PNFP shares, generally viewed as a confidence signal.
Negative
  • Immaterial size: Transaction worth roughly $16k versus his existing 20k+ shares; unlikely to influence market perception or ownership structure.

Insights

TL;DR: Minor insider buy; positive sentiment indicator but too small to shift PNFP’s risk-reward profile.

The purchase adds only 174 shares (≈0.8% of Burns’ 20.9k total stake), costing under $16k. While any insider buying is directionally bullish—especially from a director—this trade is statistically insignificant relative to PNFP’s 77 m share float and daily dollar volume. It does not change governance dynamics or near-term fundamentals. Investors may note the continued accumulation but should not ascribe material valuation upside based solely on this filing.

Pinnacle Financial Partners (PNFP) – Modulo 4: Il direttore Gregory L. Burns ha comunicato un piccolo acquisto sul mercato aperto.

  • Data: 30/07/2025
  • Azioni acquistate: 174
  • Prezzo: $91,43 per azione (circa $15,9k in totale)
  • Partecipazione dopo la transazione: 174 azioni indirette (IRA del coniuge) più 20.732 azioni detenute direttamente
  • Codice transazione: P (Acquisto)
L'acquisto aumenta modestamente la partecipazione di Burns, ma è irrilevante rispetto al totale delle azioni PNFP. Gli acquisti da parte degli insider generalmente indicano fiducia, tuttavia la dimensione limitata implica un impatto trascurabile su valutazione o controllo.

Pinnacle Financial Partners (PNFP) – Formulario 4: El director Gregory L. Burns declaró una pequeña compra en el mercado abierto.

  • Fecha: 30/07/2025
  • Acciones compradas: 174
  • Precio: $91.43 por acción (≈ $15.9k en total)
  • Participación después de la operación: 174 acciones indirectas (IRA del cónyuge) más 20,732 acciones en propiedad directa
  • Código de transacción: P (Compra)
La compra incrementa modestamente la participación de Burns, pero es insignificante respecto al total de acciones de PNFP. Las compras internas suelen reflejar confianza, aunque el tamaño limitado implica un impacto despreciable en la valoración o el control.

Pinnacle Financial Partners (PNFP) – Form 4: 이사 Gregory L. Burns가 소규모 공개 시장 매수를 신고했습니다.

  • 날짜: 2025년 7월 30일
  • 매수 주식 수: 174주
  • 가격: 주당 $91.43 (총 약 $15,900)
  • 거래 후 보유 주식: 배우자 IRA를 통한 간접 보유 174주 및 직접 보유 20,732주
  • 거래 코드: P (구매)
이번 매수는 Burns의 지분을 소폭 늘렸으나 PNFP의 총 주식 수에는 미미한 영향입니다. 내부자 매수는 일반적으로 신뢰를 나타내지만, 규모가 작아 평가나 지배력에 미치는 영향은 거의 없습니다.

Pinnacle Financial Partners (PNFP) – Formulaire 4 : Le directeur Gregory L. Burns a déclaré un petit achat sur le marché libre.

  • Date : 30/07/2025
  • Actions achetées : 174
  • Prix : 91,43 $ par action (≈ 15,9 k$ au total)
  • Participation après la transaction : 174 actions indirectes (IRA du conjoint) plus 20 732 actions détenues directement
  • Code de transaction : P (Achat)
L'achat augmente modestement la participation de Burns, mais reste insignifiant par rapport au nombre total d'actions PNFP. Les achats d'initiés traduisent généralement une confiance, mais la taille limitée implique un impact négligeable sur la valorisation ou le contrôle.

Pinnacle Financial Partners (PNFP) – Formular 4: Direktor Gregory L. Burns meldete einen kleinen Kauf am offenen Markt.

  • Datum: 30.07.2025
  • Gekaufte Aktien: 174
  • Preis: $91,43 pro Aktie (ca. $15,9k insgesamt)
  • Eigentum nach dem Handel: 174 Aktien indirekt (Ehepartner IRA) plus 20.732 Aktien direkt gehalten
  • Transaktionscode: P (Kauf)
Der Kauf erhöht Burns’ Anteil leicht, ist jedoch im Verhältnis zur Gesamtzahl der PNFP-Aktien unerheblich. Insider-Käufe signalisieren meist Vertrauen, doch die geringe Größe bedeutet einen vernachlässigbaren Einfluss auf Bewertung oder Kontrolle.

 
 
 
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
 
Date: 31 July 2025
 
Commission File Number: 001-14958
 
________________________
 
 
NATIONAL GRID plc
 
(Translation of registrant’s name into English)
 
England and Wales
 
(Jurisdiction of Incorporation) 
 
________________________
 
 
1-3 Strand, London, WC2N 5EH, United Kingdom
(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        Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3- 2(b) under the Securities Exchange Act of 1934.    Yes      No
 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a
 
 
 
 
 
EXHIBIT INDEX
 
Exhibit No.
 
Description
 
99.1
 
Exhibit 99.1 Announcement sent to the London Stock Exchange on 01 July 2025 — Total Voting Rights
99.2
 
Exhibit 99.2 Announcement sent to the London Stock Exchange on 03 July 2025 — Director/PDMR Shareholding
99.3
 
Exhibit 99.3 Announcement sent to the London Stock Exchange on 08 July 2025 — Director/PDMR Shareholding
 99.4
 
Exhibit 99.4 Announcement sent to the London Stock Exchange on 21 July 2025 — Director/PDMR Shareholding
 
 
Exhibit 99.1
 
1 July 2025
 
National Grid plc ('National Grid' or 'Company')
 
Voting Rights update
 
 
National Grid's registered capital as of 30 June 2025 consisted of 5,132,617,708 ordinary shares, of which, 230,798,537 were held as treasury shares; leaving a balance of 4,901,819,171 with voting rights.
 
The figure of 4,901,819,171 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, National Grid under the FCA's Disclosure Guidance and Transparency Rules.
 
Julian Baddeley
Group Company Secretary
 
 
Exhibit 99.2
 
3 July 2025
 
National Grid plc ('National Grid' or 'Company')
 
Notification of Transactions of Persons Discharging Managerial
Responsibilities ('PDMRs')
 
 
This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR') and relates to the acquisition of shares by the following Group Executive Committee members, who are also PDMRs, under the Company's Long Term Performance Plan ('LTPP').
 
These awards relate to the 2022 LTPP and are referred to in the Company's 2024/25 Annual Report and Accounts. The awards were conditional on continued employment with the Company and on the satisfaction of the performance conditions approved by the Remuneration Committee, which (after tax on the gross award) must be retained until the shareholding requirement is met, and in any event for Executive Directors two years after receipt. This award is subject to malus and clawback provisions.
 
In accordance with MAR the relevant Financial Conduct Authority ('FCA') notifications are set out below.
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Andy Agg
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Financial Officer
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Acquisition of shares in respect of the Long Term Performance Plan ('LTPP') 2022 award.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP Nil
197,976
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Sale of shares resulting from Long Term Performance Plan ('LTPP') award exercise to cover tax liabilities.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 10.779230
 
93,376
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Justine Campbell
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Legal Officer
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Acquisition of shares in respect of the Long Term Performance Plan ('LTPP') 2022 award.
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
GBP Nil
 
98,671
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Sale of shares resulting from Long Term Performance Plan ('LTPP') award exercise to cover tax liabilities.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 10.779230
 
46,539
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 

 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
John Pettigrew
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Executive
 
b)
 
Initial notification /Amendment
 
Initial notification
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
 
Acquisition of shares in respect of the Long Term Performance Plan ('LTPP') 2022 award.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP Nil
 
350,958
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Sale of shares resulting from Long Term Performance Plan ('LTPP') award exercise to cover tax liabilities.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 10.779230
 
165,530
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Will Serle
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief People Officer
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
 
Acquisition of shares in respect of the Long Term Performance Plan ('LTPP') 2022 award.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP Nil
 
87,768
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Sale of shares resulting from Long Term Performance Plan ('LTPP') award exercise to cover tax liabilities.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 10.779230
 
44,039
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Steve Smith
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Strategy and Regulation Officer
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
 
Acquisition of shares in respect of the Long Term Performance Plan ('LTPP') 2022 award.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP Nil
 
21,425
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Sale of shares resulting from Long Term Performance Plan ('LTPP') award exercise to cover tax liabilities.
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
GBP 10.779230
 
10,106
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.01
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
Exhibit 99.3
 
8 July 2025
 
National Grid plc ('National Grid' or 'Company')
 
Notification of Transactions of Persons Discharging Managerial Responsibilities ('PDMRs')
 
 
This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR'). In accordance with MAR, the relevant Financial Conduct Authority ('FCA') notifications are set out below.
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Andy Agg
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Financial Officer
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Monthly purchase of securities ("partnership shares") under the Share Incentive Plan
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 10.44
 
15
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.07
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
John Pettigrew
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Executive
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Monthly purchase of securities ("partnership shares") under the Share Incentive Plan
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 10.44
 
14
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.07
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Will Serle
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief People Officer
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Monthly purchase of securities ("partnership shares") under the Share Incentive Plan
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 10.44
 
14
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.07
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
Exhibit 99.4
 
21 July 2025
 
National Grid plc ('National Grid' or 'Company')
 
Notification of Transactions of Persons Discharging Managerial Responsibilities ('PDMRs')
 
 
This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR') and relates to the National Grid 2024/25 final dividend scrip alternative and dividend reinvestments.
 
 
In accordance with MAR the relevant Financial Conduct Authority notifications are set out below.
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Andy Agg
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Financial Officer
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Acquisition of securities ("dividend shares") under the National Grid Share Incentive Plan.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 10.5036
 
148
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.17
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
John Pettigrew
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Executive
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
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 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
 
Acquisition of securities ("dividend shares") under the National Grid Share Incentive Plan.
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 10.5036
 
221
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2025.07.17
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
 
Details of the person discharging managerial responsibilities / person closely associated  
 
 a)   
 
Name  
 
Courtney Geduldig
 
 
 
Reason for the notification  
 
a)  
 
Position/status  
 
Chief Corporate Affairs Officer 
 
b)  
 
Initial notification /Amendment  
 
Initial notification 
 
 
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  
 
a)  
 
Name  
 
National Grid plc 
 
b)  
 
LEI  
 
8R95QZMKZLJX5Q2XR704 
 
 
 
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  
 
American Depository Shares  
  
US 6362744095  
 
b)  
 
 
Nature of the transaction  
 
 
Acquisition of American Depositary Shares under a dividend reinvestment plan. 
 
c)  
 
 
Price(s) and volume(s)  
 

 
Price(s) 
 
Volume(s) 
 
USD 71.62
 
 6
 
d)  
 
 
Aggregated information  
 
- Aggregated volume  
 
- Price  
 
 
e)  
 
Date of the transaction  
 
2025.07.18
 
f)  
 
Place of the transaction  
 
New York Stock Exchange (NYSE) 
 
 
 
 
 
Details of the person discharging managerial responsibilities / person closely associated  
 
 a)  
 
Name  
 
Talvis Love 
 
  
 
Reason for the notification  
 
 a)  
 
Position/status  
 
Chief Digital and Information Officer 
 
b)  
 
Initial notification /Amendment  
 
Initial notification 
 
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  
 
a)  
 
Name  
 
National Grid plc 
b)  
 
LEI  
 
8R95QZMKZLJX5Q2XR704 
 
 
 
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  
 
American Depository Shares  
  
US 6362744095  
 
b)  
 
Nature of the transaction  
 
Acquisition of American Depositary Shares under a dividend reinvestment plan. 
c)  
 
 
Price(s) and volume(s)  
 
 
 
Price(s) 
 
Volume(s) 
 
USD 71.62
 
 208
 
d)  
 
 
Aggregated information  
 
- Aggregated volume  
 
- Price  
 
 
e)  
 
Date of the transaction  
 
2025.07.18
 
f)  
 
Place of the transaction  
 
New York Stock Exchange (NYSE) 
 
 
 
 
 
Details of the person discharging managerial responsibilities / person closely associated  
 
a)  
 
Name  
Paula Rosput Reynolds 
 
 
 
Reason for the notification  
 
a)  
 
Position/status  
 
Chair  
b)  
 
Initial notification /Amendment  
 
Initial notification 
 
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  
 
a)  
 
Name  
 
National Grid plc 
 
b)  
 
LEI  
 
8R95QZMKZLJX5Q2XR704 
 
 
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  
 
American Depository Shares 
 
US 6362744095 
 
b)  
 
Nature of the transaction  
 
 
Acquisition of American Depositary Shares under the National Grid Scrip Dividend Scheme. 
c)  
 
 
Price(s) and volume(s)  
 
 
Price(s) 
 
Volume(s) 
 
USD 71.3103
 
85
 
d)  
 
 
Aggregated information  
 
- Aggregated volume  
 
- Price  
 
 
e)  
 
Date of the transaction  
 
2025.07.17
 
f)  
 
Place of the transaction  
 
New York Stock Exchange (NYSE) 
 
 
 
 
Details of the person discharging managerial responsibilities / person closely associated  
 
a)  
 
Name  
 
Paula Rosput Reynolds 
 
 
 
Reason for the notification  
 
a)  
 
Position/status  
 
Chair  
 b)  
 
Initial notification /Amendment  
 
Initial notification 
 
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  
 
a)  
 
Name  
 
National Grid plc 
b)  
 
LEI  
 
8R95QZMKZLJX5Q2XR704 
 
 
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 12 204/473p each 
 
GB00BDR05C01 
 
 b)  
 
Nature of the transaction  
 
Acquisition of Ordinary Shares under the National Grid Scrip Dividend Scheme. 
c)  
 
 
Price(s) and volume(s)  
 
 
 
Price(s) 
 
Volume(s) 
 
GBP 10.404 
 
87
 
d)  
 
 
Aggregated information  
 
- Aggregated volume  
 
- Price  
 
 
e)  
 
Date of the transaction  
 
2025.07.17
f)  
 
Place of the transaction  
 
London Stock Exchange (XLON) 
 
 
 
 
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.
 
 
 
 
NATIONAL GRID plc
 
 
 
 
 
By:
 
Beth Melges
 
 
 
Beth Melges
Head of Plc Governance
 
Date: 31 July 2025

FAQ

How many PNFP shares did Director Gregory L. Burns purchase?

174 shares were bought as disclosed in Table I.

What price did the insider pay per PNFP share?

The purchase price was $91.43 per share.

What is Gregory L. Burns’ total PNFP holding after the transaction?

He now holds 174 shares indirectly and 20,732 shares directly.

When did the PNFP insider transaction occur?

The trade was executed on 07/30/2025 and reported on 07/31/2025.

Does the filing reflect a purchase or a sale of PNFP stock?

It reflects a purchase (transaction code P).
National Grid

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