Shell upstream chief sells £1.1m in shares
Rhea-AI Filing Summary
Shell plc (SHEL) reported transactions by Peter Costello, President, Upstream, under EU and UK market abuse rules. On August 28, 2026, he disposed of 31,786 ordinary shares in London at £33.41 per share for £1,061,970.26 and 3,214 ordinary shares in Amsterdam at €39.115 per share for €125,715.61. These disclosures relate to ordinary shares of €0.07 each and are made as required for persons discharging managerial responsibilities.
Positive
- None.
Negative
- None.
Key Figures
London disposal volume: 31,786 ordinary shares
London disposal price: £33.41 per share
London disposal total value: £1,061,970.26
+4 more
7 metrics
London disposal volume
31,786 ordinary shares
Disposal by Peter Costello in London on August 28, 2026
London disposal price
£33.41 per share
Price for Shell plc ordinary shares in London transaction
London disposal total value
£1,061,970.26
Aggregate value of London disposal on August 28, 2026
Amsterdam disposal volume
3,214 ordinary shares
Disposal by Peter Costello in Amsterdam on August 28, 2026
Amsterdam disposal price
€39.115 per share
Price for Shell plc ordinary shares in Amsterdam transaction
Amsterdam disposal total value
€125,715.61
Aggregate value of Amsterdam disposal on August 28, 2026
Nominal value per ordinary share
€0.07 each
Nominal value of Shell plc ordinary shares involved in transactions
Key Terms
persons discharging managerial responsibilities, Market Abuse regimes, Legal Entity Identifier, ordinary shares of €0.07 each, +1 more
5 terms
persons discharging managerial responsibilities regulatory
"transactions by persons discharging managerial responsibilities in accordance"
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.
Market Abuse regimes regulatory
"in accordance with the requirements of the EU and UK Market Abuse regimes"
Rules and enforcement systems that prevent cheating in financial markets, such as insider trading, false information, or manipulative trading practices. They matter to investors because they help keep prices fair and trustworthy—like referees and rules in a game that ensure everyone plays honestly—so markets remain efficient, reduce the risk of sudden price shocks, and protect investors from fraud and unfair advantage.
Legal Entity Identifier regulatory
"Legal Entity Identifier code | 21380068P1DRHMJ8KU70"
A legal entity identifier (LEI) is a unique, standardized code that functions like a global ID card for businesses and organizations involved in financial markets. It helps investors and regulators reliably identify who is on the other side of a deal, trace ownership and links between firms, and reduce confusion or fraud — improving transparency for reporting, risk assessment, and cross-border trades.
FAQ
Who is the Shell plc (SHEL) executive involved in the disclosed transactions?
The transactions involve Peter Costello, who holds the position of President, Upstream at Shell plc. The transactions are reported as an initial notification under the EU and UK Market Abuse regimes for persons discharging managerial responsibilities.
What type of financial instrument is involved in the SHEL insider transactions?
The transactions involve Shell plc ordinary shares of €0.07 each, identified by the code GB00BP6MXD84. Both reported disposals by Peter Costello relate to this same class of ordinary shares.
Under which regulatory framework were the SHEL transactions disclosed?
The transactions were disclosed as a Director/PDMR Shareholding notification in line with the EU and UK Market Abuse regimes, which require public disclosure of dealings by persons discharging managerial responsibilities at Shell plc.
AI-generated analysis. How Rhea-AI works. Not financial advice.
