Pearson (NYSE: PSO) execs receive LTIP shares, sell portions for tax
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Pearson plc reported routine share-based compensation events for several senior executives under its Long-Term Incentive Plan (LTIP). On 5 May 2026, Tom ap Simon received 48,219 Pearson American Depositary Receipts (ADRs) and Arthur Valentine received 51,382 ADRs, both settled on a net-of-tax basis outside a trading venue.
On the same date, Sharon Hague received 21,939 ordinary shares and sold 10,315 shares at £11.2029 per share, raising £115,557.91 to cover tax liabilities. Vishaal Gupta received 96,425 ordinary shares and sold 35,689 shares at £11.2877 per share, for £402,846.73, also to meet tax obligations arising from vesting awards.
Positive
- None.
Negative
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Key Figures
ADRs released to Tom ap Simon: 48,219 ADRs
ADRs released to Arthur Valentine: 51,382 ADRs
Ordinary shares released to Sharon Hague: 21,939 shares
+3 more
6 metrics
ADRs released to Tom ap Simon
48,219 ADRs
LTIP release on 5 May 2026, net-of-tax settlement
ADRs released to Arthur Valentine
51,382 ADRs
LTIP release on 5 May 2026, net-of-tax settlement
Ordinary shares released to Sharon Hague
21,939 shares
LTIP award release on 5 May 2026
Ordinary shares sold by Sharon Hague
10,315 shares at £11.2029
Sale on London Stock Exchange to cover tax; £115,557.91 proceeds
Ordinary shares released to Vishaal Gupta
96,425 shares
LTIP award release on 5 May 2026
Ordinary shares sold by Vishaal Gupta
35,689 shares at £11.2877
Sale on London Stock Exchange to cover tax; £402,846.73 proceeds
Key Terms
American Depositary Receipts (ADRs), Long-Term Incentive Plan (LTIP), net-of-tax basis, persons discharging managerial responsibilities
4 terms
American Depositary Receipts (ADRs) financial
"American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence"
American depositary receipts (ADRs) are certificates issued by a U.S. bank that represent ownership of shares in a foreign company, letting those shares trade on U.S. exchanges in U.S. dollars. Think of an ADR as a U.S. receipt for a foreign stock: it makes buying and selling simpler and subjects the investment to familiar U.S. trading rules, which matters to investors because it improves access and liquidity while still carrying risks like currency moves and different dividend handling.
Long-Term Incentive Plan (LTIP) financial
"following release of share award under the Company's Long-Term Incentive Plan (LTIP)"
net-of-tax basis financial
"Release of ADRs settled on a net-of-tax basis, following release of share award"
persons discharging managerial responsibilities regulatory
"Notification of PDMR Interests Notification and public disclosure of transactions by persons discharging managerial responsibilities"
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.
FAQ
What does Pearson (PSO) disclose in this May 2026 Form 6-K?
Pearson discloses LTIP-related share transactions for four senior executives on 5 May 2026. Awards of ADRs and ordinary shares vested, with some shares sold solely to cover tax liabilities arising from these share-based compensation awards.
Which Pearson (PSO) executives received LTIP awards in May 2026?
Tom ap Simon, Sharon Hague, Arthur Valentine and Vishaal Gupta all had LTIP share awards release on 5 May 2026. They lead Higher Education and Virtual Learning, English Language Learning, Assessment & Qualifications, and Enterprise Learning and Skills respectively.
How many Pearson ADRs were released to executives under the LTIP?
Two executives received American Depositary Receipts (ADRs) in Pearson. Tom ap Simon received 48,219 ADRs and Arthur Valentine received 51,382 ADRs on 5 May 2026, both settled on a net-of-tax basis outside a trading venue.
Are these Pearson (PSO) LTIP transactions open-market purchases or sales?
The filing shows LTIP share releases and related tax-cover sales, not discretionary open-market trades. Shares were awarded under Pearson’s Long-Term Incentive Plan, with portions sold specifically to meet tax obligations arising when the awards vested.