Welcome to our dedicated page for Shell plc SEC filings (Ticker: SHEL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Shell plc filings document the U.S. reporting record of a foreign issuer whose American depositary shares each represent two ordinary shares. Form 6-K reports furnish dividend announcements, share buyback disclosures, AGM notices, director and PDMR shareholding notifications, and operating updates for Integrated Gas, Upstream, Marketing, and Chemicals and Products.
The filings also connect Shell’s current reports to registration statements for Shell plc, Shell Finance US Inc., and Shell International Finance B.V., reflecting equity plan and shelf-registration disclosure. A Form 25 records the removal from NYSE listing and Section 12(b) registration of 2.875% Guaranteed Notes due 2026 for which Shell plc is guarantor.
Shell plc announced the final results of its previously launched exchange offers for certain guaranteed notes issued by Shell Finance US Inc. Holders tendered and Shell accepted an aggregate principal amount of $6,298,101,000 of outstanding unregistered notes for a like amount of new registered notes, all fully and unconditionally guaranteed by Shell.
The exchange covered multiple series, including notes due 2028, 2038, 2040, 2041, 2049 and 2051. Settlement and issuance of the new registered exchange notes are expected to occur on July 13, 2026, under the terms described in the prospectus dated June 8, 2026.
Shell plc provides an update on its expected results for the second quarter of 2026, giving outlook ranges for volumes, margins and key non-GAAP metrics. In Integrated Gas, production is expected between 610 and 650 kboe/d versus 909 kboe/d in Q1 2026, reflecting the impact of the Middle East conflict on Qatari volumes, while LNG liquefaction volumes are guided to 7.4–7.8 MT and Trading & Optimisation is expected to be significantly higher than Q1 2026.
Upstream production is forecast at 1,750–1,850 kboe/d, with broadly stable underlying operating expenses and higher adjusted taxation. In Marketing, sales volumes are expected in a slightly lower 2,550–2,650 kb/d range, with adjusted earnings expected to be in line with Q1 2026. In Chemicals and Products, Shell now expects an indicative refining margin of about $20/bbl versus $17/bbl in Q1 2026 and an indicative chemicals margin of about $240/tonne versus $139/tonne, with refinery utilisation around 100%.
Renewables and Energy Solutions adjusted earnings are guided to a range of $(0.3) billion to $0.3 billion, while Corporate adjusted earnings are expected between $(0.7) billion and $(0.5) billion. At the group level, cash flow from operations tax paid is expected at $2.6–3.4 billion, and working capital movements are guided to a positive $1–6 billion versus a negative $11.2 billion in Q1 2026. The update also reiterates definitions and Q1 2026 baselines for non-GAAP measures such as Underlying operating expenses, Adjusted Earnings, and working capital, and includes extensive cautionary language about forward-looking statements.
Shell plc filed a report detailing automatic share acquisitions by senior executives following the interim dividend paid on June 29, 2026 for the first quarter of 2026. On July 2, 2026, Persons Discharging Managerial Responsibilities received dividend shares on existing holdings in share plan accounts.
Chief Executive Officer Wael Sawan acquired 3,131.40275 ordinary shares at EUR 33.9265 each in Amsterdam and 2,504.94524 ordinary shares at GBP 28.87677 each in London. Chief Financial Officer Sinead Gorman received 3,325.58192 ordinary shares at GBP 28.87677.
Other PDMRs, including the Chief Legal Officer, business presidents, and the Chief Human Resources and Corporate Officer, received smaller amounts of ordinary shares or American Depositary Shares as dividend shares across Amsterdam, London, and New York. These are compensation-related dividend reinvestments rather than open-market trades.
Shell plc reports daily repurchases of its own shares for cancellation between 01 and 11 June 2026 under a previously announced share buy-back programme. On 01 June 2026 it bought 900,000 shares on the LSE at a volume-weighted average price of £31.8075 and 200,000 on Chi-X at £31.8018. On 03 June 2026 it purchased 1,100,000 shares on the LSE at a volume-weighted average price of £32.6418, plus 200,000 on Chi-X and 100,000 on BATS at similar prices. Further daily purchases on 10 and 11 June 2026 included 1,376,000 LSE shares at £32.1597 and 1,395,700 LSE shares at £32.8174 volume-weighted average prices. Goldman Sachs International executes these trades independently within pre-set parameters, in line with UK Listing Rules and EU and UK Market Abuse Regulation buy-back provisions.
Shell plc reports that it has paused its previously announced $3.0 billion share buyback programme, which was intended to run for roughly three months. The suspension begins on June 12, 2026 and lasts through market close on July 14, 2026, aligning with the published date of ARC Resources Ltd.’s shareholder meeting and related securities law requirements affecting Shell. Any buybacks not executed during this period are expected to be carried out as part of Shell’s remaining 2026 buyback programmes, subject to Board approval. Shell also reiterates extensive forward‑looking and climate‑related cautionary statements, including around its net carbon intensity and long‑term net‑zero emissions ambitions.
Shell plc has begun registered exchange offers for several series of US dollar notes previously issued in a private exchange by Shell Finance US Inc. The company is offering to swap the full outstanding principal of each unregistered series for new notes with the same coupons and maturities, but registered under the U.S. Securities Act. The affected series include 3.875% notes due 2028, 6.375% notes due 2038, 5.500% notes due 2040, 5.125% notes due 2041, 3.125% notes due 2049 and 3.000% notes due 2051. Holders who tender their restricted notes by 5:00 p.m., New York City time, on July 8, 2026, and are accepted will receive an equal principal amount of registered notes, with settlement expected within two business days after that date.
Shell Finance US Inc. is offering registered "Exchange Notes" in exchange for outstanding unregistered "Restricted Notes" of six series, each fully guaranteed by Shell plc. The prospectus states the aggregate principal amount of Exchange Notes will not be known until after the Expiration Time. The Exchange Notes match the interest rates, interest payment dates and maturities of the corresponding Restricted Notes (examples: 3.875% due Nov 13, 2028; 6.375% due Dec 15, 2038), will be issued in registered book-entry form and will be guaranteed by Shell. The Exchange Offers expire at 5:00 p.m. New York time on July 8, 2026 (subject to extension). Shell Finance US will receive no cash proceeds from the exchanges; surrendered Restricted Notes will be retired and cancelled. The prospectus describes redemption mechanics (make-whole spreads, par call dates), tax redemption and substitution provisions and confirms Exchange Notes rank as senior unsecured obligations of Shell Finance US, guaranteed by Shell plc.
Shell plc reports multiple repurchases of its own shares in May 2026 under previously announced buy-back programmes, with all repurchased shares to be cancelled. The company bought shares on the London Stock Exchange, Chi-X (CXE) and BATS (BXE) through independent brokers.
On 01 May 2026 Shell purchased 457,396 shares on the LSE at a volume-weighted average price of £33.1349 and additional tranches on Chi-X and BATS. Later trades include 1,000,000 shares on the LSE on 07 May at a £31.2733 average price and 1,372,000 shares on the LSE on 26 May at £31.9667.
The programmes are executed by Morgan Stanley & Co. International Plc and Goldman Sachs International, which make trading decisions independently of Shell within pre-set parameters. All activity is conducted under the company’s general authority to repurchase shares and in compliance with Chapter 9 of the UK Listing Rules and EU/UK Market Abuse Regulation requirements.
Shell plc disclosed that Chief Executive Officer Wael Sawan has disposed of ordinary shares in the company. On May 22, 2026, he sold 40,000 Shell ordinary shares of €0.07 each at a price of €37.170105 per share, for a total consideration of €1,486,804.20. The transaction took place on the Amsterdam market and is reported as required under the EU and UK market abuse regimes for persons discharging managerial responsibilities.