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Senior leaders at Smith & Nephew (NYSE: SNN) receive RISE share awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Smith & Nephew plc reported that senior executives received new share awards under its RISE Share Plan. On 15 April 2026, the company granted awards over ordinary shares of US$0.20 each to multiple persons discharging managerial responsibilities, including the Chief Executive Officer and Chief Financial Officer, with each listed executive allocated 50 shares at nil cost. The awards form part of the company’s RISE strategy and were granted under the Smith & Nephew plc RISE Share Plan, a sub-plan of the Smith & Nephew plc Restricted Share Plan 2024.

Positive

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Negative

  • None.
Award size per executive 50 shares RISE Share Plan grant to each listed PDMR on 15 April 2026
Share nominal value US$0.20 per share Ordinary shares underlying the RISE Share Plan awards
Award price Nil Price paid by each executive for RISE Share Plan awards
Transaction date 15 April 2026 Date awards were granted under RISE Share Plan
RISE Share Plan financial
"awards of US$0.20 ordinary shares ... were granted on 15 April 2026, under the Company's RISE Share Plan"
Restricted Share Plan 2024 financial
"RISE Share Plan, a sub-plan of the Smith & Nephew plc Restricted Share Plan 2024"
persons discharging managerial responsibilities regulatory
"transactions by persons discharging managerial responsibilities and persons closely associated with them"
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.
UK Market Abuse Regulation regulatory
"This announcement is made in accordance with the UK Market Abuse Regulation"
foreign private issuer regulatory
"Form 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
 
UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the
Securities Exchange Act of 1934
 
April 16, 2026
 
Commission File Number 001-14978
 
SMITH & NEPHEW plc
(Registrant’s name)
 
Building 5, Croxley Park, Hatters Lane
Watford, England, WD18 8YE
 (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           Form 40-F __
 
    
 
SMITH & NEPHEW PLC
 
16 April 2026
 
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
This announcement is made in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
 
AWARD MADE UNDER THE SMITH & NEPHEW PLC RISE SHARE PLAN
 
As a part of RISE strategy, the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") were granted on 15 April 2026, under the Company's RISE Share Plan, a sub-plan of the Smith & Nephew plc Restricted Share Plan 2024.
 
Reason for the notification
 
Initial notification /Amendment
Initial notification
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
Name
Smith & Nephew plc
 
LEI
213800ZTMDN8S67S1H61
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
Description of the financial instrument, type of instrument
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
Identification code
ISIN: GB0009223206
 
Nature of the transaction
Awards granted on 15 April 2026 under the Smith & Nephew plc RISE Share Plan.
 
Date of Transaction
2026 - 04 - 15
 
Place of Transaction
Grant took place outside a trading venue
 
 
 
Name (Position)
Status
Price (£)
Volume
Aggregated information
Deepak Nath
(Chief Executive Officer)
PDMR
Nil
50
N/A Single Transaction
John Rogers
(Chief Financial Officer)
PDMR
Nil
50
N/A Single Transaction
Helen Barraclough
(Group General Counsel and Company Secretary)
PDMR
Nil
50
N/A Single Transaction
Paul Connolly
(President, Global Operations)
PDMR
Nil
50
N/A Single Transaction
Ajay Dhankhar
(Chief Strategy & Corporate Development Officer) 
PDMR
Nil
50
N/A Single Transaction
Craig Gaffin
(President Global Orthopaedics) 
PDMR
Nil
50
N/A Single Transaction
Rohit Kashyap
(President AWM and Global Commercial Operations)
PDMR
Nil
50
N/A Single Transaction
Mizanu Kebede
(Chief Quality & Regulatory Affairs Officer)
PDMR
Nil
50
N/A Single Transaction
Elga Lohler
(Chief HR Officer) 
PDMR
Nil
50
N/A Single Transaction
Vasant Padmanabhan
(President Research & Development, ENT & Emerging Markets) 
PDMR
Nil
50
N/A Single Transaction
Alison Parkes
(Chief Compliance Officer)
PDMR
Nil
50
N/A Single Transaction
Scott Schaffner
(Global President Sports Medicine)
PDMR
Nil
50
N/A Single Transaction
  
Philip Horner
Deputy Company Secretary
Smith & Nephew plc
 
Tel:  +44 (0)1923 477100
 
 
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.
 
 
 
 
 
 
Smith & Nephew plc
 
 
(Registrant)
 
 
 
 
 
 
Date: April 16, 2026
By:
/s/ Helen Barraclough
 
 
Helen Barraclough
 
 
Company Secretary

FAQ

What did Smith & Nephew (SNN) disclose in this Form 6-K?

Smith & Nephew disclosed that senior executives received share awards under its RISE Share Plan. On 15 April 2026, awards over ordinary shares of US$0.20 each were granted as part of the company’s RISE strategy, with each named executive receiving 50 shares at nil cost.

Which Smith & Nephew (SNN) executives received RISE Share Plan awards?

Awards were granted to multiple senior leaders, including Chief Executive Officer Deepak Nath and Chief Financial Officer John Rogers. Other recipients include the Group General Counsel, key presidents of business units, and several functional chiefs, each receiving 50 Smith & Nephew ordinary shares under the RISE Share Plan.

What are the key terms of the Smith & Nephew (SNN) RISE share awards?

Each listed executive received 50 Smith & Nephew ordinary shares with a nominal value of US$0.20 per share. The awards were granted at nil price, meaning no purchase cost to the participants, under the company’s RISE Share Plan on 15 April 2026 as part of its RISE strategy.

When were the Smith & Nephew (SNN) RISE Share Plan awards granted?

The share awards were granted on 15 April 2026 under the Smith & Nephew plc RISE Share Plan. The company subsequently reported the awards on 16 April 2026 via a Form 6-K, in line with UK Market Abuse Regulation notification requirements for persons discharging managerial responsibilities.

Under which regulatory framework were Smith & Nephew (SNN) awards disclosed?

The awards were disclosed under the UK Market Abuse Regulation, as it forms part of UK law via the European Union (Withdrawal) Act 2018. Smith & Nephew filed a Form 6-K to notify transactions by persons discharging managerial responsibilities and persons closely associated with them.