Smith & Nephew executives buy ADS under stock plan
Smith & Nephew plc reports purchases of its Smith & Nephew plc SPON ADR American Depositary Shares on the New York Stock Exchange by three senior leaders under the Company's Employee Stock Purchase Plan on 10 July 2026 at a price of $24.48 per ADS.
Rhea-AI Filing Summary
Smith & Nephew plc reports purchases of its Smith & Nephew plc SPON ADR American Depositary Shares on the New York Stock Exchange by three senior leaders under the Company's Employee Stock Purchase Plan on 10 July 2026 at a price of $24.48 per ADS.
Deepak Nath (Chief Executive Officer) and Paul Connolly (President, Global Operations) each acquired 434.02369 ADS, while Scott Schaffner (President, Sports Medicine) acquired 256.65972 ADS. The disclosure is made in accordance with the UK Market Abuse Regulation for Persons Discharging Managerial Responsibilities and persons closely associated with them.
Positive
- None.
Negative
- None.
Key Figures
Purchase price per ADS: $24.48
Deepak Nath ADS purchased: 434.02369 ADS
Paul Connolly ADS purchased: 434.02369 ADS
+2 more
5 metrics
Purchase price per ADS
$24.48
Price per Smith & Nephew plc SPON ADR ADS on 2026-07-10
Deepak Nath ADS purchased
434.02369 ADS
CEO purchase under Employee Stock Purchase Plan on 2026-07-10
Paul Connolly ADS purchased
434.02369 ADS
President, Global Operations purchase on 2026-07-10
Scott Schaffner ADS purchased
256.65972 ADS
President, Sports Medicine purchase on 2026-07-10
Transaction date
2026-07-10
Date of ADS purchases on the New York Stock Exchange
Key Terms
Persons Discharging Managerial Responsibilities, American Depositary Shares, Employee Stock Purchase Plan, Market Abuse Regulation, +1 more
5 terms
Persons Discharging Managerial Responsibilities regulatory
"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.
Employee Stock Purchase Plan financial
"Nature of the transaction | Purchase of American Depository Shares as participants of the Company's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Market Abuse Regulation regulatory
"This announcement is made in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014...)"
Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.
LEI regulatory
"Details of the issuer... Name | Smith & Nephew plc LEI | 213800ZTMDN8S67S1H61"
A Legal Entity Identifier (LEI) is a unique 20-character code assigned to a company or organization that participates in financial markets, like a corporate passport number. It helps investors and regulators unambiguously identify counterparties across databases and transactions, reducing confusion much like using a vehicle identification number to track a car’s history; clearer identification improves transparency, risk monitoring, and regulatory reporting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did Smith & Nephew (SNN) disclose in this 6-K?
Smith & Nephew disclosed that three senior executives purchased Smith & Nephew plc SPON ADR American Depositary Shares on the New York Stock Exchange under the Company’s Employee Stock Purchase Plan at $24.48 per ADS on 10 July 2026.
Which Smith & Nephew (SNN) executives bought ADS and in what amounts?
CEO Deepak Nath and President, Global Operations Paul Connolly each acquired 434.02369 ADS, while President, Sports Medicine Scott Schaffner acquired 256.65972 ADS through the Employee Stock Purchase Plan.
At what price were Smith & Nephew (SNN) ADS purchased and on which exchange?
The American Depositary Shares were purchased at $24.48 per ADS on the New York Stock Exchange. The instrument is described as Smith & Nephew plc SPON ADR American Depositary Shares (ISIN US83175M2052).
Under which regulation were these Smith & Nephew (SNN) transactions disclosed?
The transactions were disclosed in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of UK law), covering Persons Discharging Managerial Responsibilities and persons closely associated with them.
AI-generated analysis. How Rhea-AI works. Not financial advice.
