Shell plc (NYSE: SHEL) grants conditional performance share awards to top executives
Shell plc reports that several senior executives received conditional awards of performance shares under the Shell Share Plan 2023 on 6 February 2026. These are share-based incentive grants, not market purchases or sales.
Chief Executive Officer Wael Sawan received a conditional award of 165,975 ordinary shares at a reference price of 27.745 per share, with a total value of 4,604,976.38 in GBP terms. Chief Financial Officer Sinead Gorman was awarded 98,677 shares at the same reference price, totalling 2,737,793.37. Other PDMRs, including leaders of Projects & Technology, Upstream, Integrated Gas, Downstream, Trading and Supply, and HR, received conditional awards ranging from 35,338 to 52,443 shares each, some referenced in EUR at 32.09 per share.
Positive
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Negative
- None.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2026
Commission File Number: 1-32575
Shell plc
(Exact name of registrant as specified in its charter)
England and Wales
(Jurisdiction of incorporation or organization)
Shell Centre
London, SE1 7NA
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 [ X ] Form 40-F [ ]
Director/PDMR Shareholding
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Wael |
| Last Name(s) | Sawan |
| 2. Reason for the notification | |
| Position/status | Chief Executive Officer |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Conditional award of performance shares of Shell plc under the Shell Share Plan 2023 |
| Currency | GBP |
| Price | 27.745 |
| Volume | 165,975 |
| Total | 4,604,976.38 |
| Aggregated information | |
| Volume | 165,975 |
| Price | 27.745 |
| Total | 4,604,976.38 |
| Date of transaction | 06/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Sinead |
| Last Name(s) | Gorman |
| 2. Reason for the notification | |
| Position/status | Chief Financial Officer |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Conditional award of performance shares of Shell plc under the Shell Share Plan 2023 |
| Currency | GBP |
| Price | 27.745 |
| Volume | 98,677 |
| Total | 2,737,793.37 |
| Aggregated information | |
| Volume | 98,677 |
| Price | 27.745 |
| Total | 2,737,793.37 |
| Date of transaction | 06/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Robin |
| Last Name(s) | Mooldijk |
| 2. Reason for the notification | |
| Position/status | President, Projects & Technology |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Conditional award of performance shares of Shell plc under the Shell Share Plan 2023 |
| Currency | EUR |
| Price | 32.09 |
| Volume | 36,297 |
| Total | 1,164,770.73 |
| Aggregated information | |
| Volume | 36,297 |
| Price | 32.09 |
| Total | 1,164,770.73 |
| Date of transaction | 06/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Philippa |
| Last Name(s) | Bounds |
| 2. Reason for the notification | |
| Position/status | Chief Legal Officer |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Conditional award of performance shares of Shell plc under the Shell Share Plan 2023 |
| Currency | GBP |
| Price | 27.745 |
| Volume | 35,779 |
| Total | 992,688.36 |
| Aggregated information | |
| Volume | 35,779 |
| Price | 27.745 |
| Total | 992,688.36 |
| Date of transaction | 06/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Peter |
| Last Name(s) | Costello |
| 2. Reason for the notification | |
| Position/status | President, Upstream |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Conditional award of performance shares of Shell plc under the Shell Share Plan 2023 |
| Currency | GBP |
| Price | 27.745 |
| Volume | 42,169 |
| Total | 1,169,978.91 |
| Aggregated information | |
| Volume | 42,169 |
| Price | 27.745 |
| Total | 1,169,978.91 |
| Date of transaction | 06/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Cederic |
| Last Name(s) | Cremers |
| 2. Reason for the notification | |
| Position/status | President, Integrated Gas |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Conditional award of performance shares of Shell plc under the Shell Share Plan 2023 |
| Currency | EUR |
| Price | 32.09 |
| Volume | 35,338 |
| Total | 1,133,996.42 |
| Aggregated information | |
| Volume | 35,338 |
| Price | 32.09 |
| Total | 1,133,996.42 |
| Date of transaction | 06/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Machteld |
| Last Name(s) | de Haan |
| 2. Reason for the notification | |
| Position/status | President, Downstream, Renewables and Energy Solutions |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Conditional award of performance shares of Shell plc under the Shell Share Plan 2023 |
| Currency | EUR |
| Price | 32.09 |
| Volume | 35,338 |
| Total | 1,133,996.42 |
| Aggregated information | |
| Volume | 35,338 |
| Price | 32.09 |
| Total | 1,133,996.42 |
| Date of transaction | 06/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Andrew |
| Last Name(s) | Smith |
| 2. Reason for the notification | |
| Position/status | President, Trading and Supply |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Conditional award of performance shares of Shell plc under the Shell Share Plan 2023 |
| Currency | EUR |
| Price | 32.09 |
| Volume | 52,443 |
| Total | 1,682,895.87 |
| Aggregated information | |
| Volume | 52,443 |
| Price | 32.09 |
| Total | 1,682,895.87 |
| Date of transaction | 06/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Rachel |
| Last Name(s) | Solway |
| 2. Reason for the notification | |
| Position/status | Chief Human Resources and Corporate Officer |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Conditional award of performance shares of Shell plc under the Shell Share Plan 2023 |
| Currency | GBP |
| Price | 27.745 |
| Volume | 35,779 |
| Total | 992,688.36 |
| Aggregated information | |
| Volume | 35,779 |
| Price | 27.745 |
| Total | 992,688.36 |
| Date of transaction | 06/02/2026 |
| Place of transaction | Outside a trading venue |
This Report on Form 6-K is incorporated by reference into:
| (a) | the Registration Statement on Form F-3 of Shell plc, Shell Finance US Inc. and Shell International Finance B.V. (Registration Numbers 333-276068, 333-276068-01 and 333-276068-02); and |
| (b) | the Registration Statements on Form S-8 of Shell plc (Registration Numbers 333-262396, 333-272192 and 333-292109). |
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.
| Shell plc | ||
| (Registrant) | ||
| Date: February 10, 2026 | /s/ Julie Keefe | |
| Julie Keefe | ||
| Deputy Company Secretary | ||