Senior leaders at Smith & Nephew (NYSE: SNN) receive RISE share awards
Filing Impact
Filing Sentiment
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
- None.
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Key Figures
Award size per executive: 50 shares
Share nominal value: US$0.20 per share
Award price: Nil
+1 more
4 metrics
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
Key Terms
RISE Share Plan, Restricted Share Plan 2024, persons discharging managerial responsibilities, UK Market Abuse Regulation, +1 more
5 terms
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.
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.
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.