Woodside (NYSE: WDS) CEO discloses initial indirect share ownership

Rhea-AI Filing Summary

WOODSIDE ENERGY GROUP LTD Chief Executive Officer Elizabeth Morton Westcott filed an initial Form 3 reporting her existing indirect holdings in the company. The filing shows 123,109 ordinary shares held indirectly through CPU Share Plans Pty Ltd as trustee of the Woodside Equity Plans Trust, described as Restricted Shares awarded under employee incentive plans and still subject to vesting. It also lists Woodside Equity Plan Rights over 422 underlying ordinary shares, held indirectly via her daughter. Each Woodside Equity Plan Right gives a right to receive one Woodside ordinary share at an exercise price of $0.0000 and is scheduled to expire on October 1, 2028.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Westcott Elizabeth Morton

(Last) (First) (Middle)

MIA YELLAGONGA, 11 MOUNT STREET

(Street)

PERTH AUSTRALIA 6000

(City) (State) (Zip)

AUSTRALIA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
WOODSIDE ENERGY GROUP LTD [ WDS ]

3a. Foreign Trading Symbol
[WDS]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary shares	123,109	I	By CPU Share Plans Pty Ltd as trustee of Woodside Equity Plans Trust(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Woodside Equity Plan Rights	10/01/2028	10/01/2028	Ordinary shares	422	(2)	I	By Daughter

Explanation of Responses:

1. These represent Restricted Shares that have been awarded under Woodside's employee incentive plans and remain subject to vesting.

2. Each Woodside Equity Plan Right represents a right to receive one Woodside ordinary share.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney

	/s/ Damien Gare, Attorney-in-Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Form 3 for WOODSIDE ENERGY GROUP LTD (WDS) disclose?

The Form 3 discloses CEO Elizabeth Morton Westcott’s existing indirect holdings in Woodside. It lists Restricted Shares held through an equity plans trust and Woodside Equity Plan Rights tied to ordinary shares, providing a baseline of her beneficial ownership as an insider.

How many Woodside ordinary shares does the CEO indirectly hold in this filing?

The filing reports 123,109 Woodside ordinary shares held indirectly through CPU Share Plans Pty Ltd as trustee of the Woodside Equity Plans Trust. These are described as Restricted Shares awarded under employee incentive plans and remain subject to future vesting conditions before becoming fully unrestricted.

What are Woodside Equity Plan Rights reported in the WDS Form 3?

Woodside Equity Plan Rights are employee incentive rights where each right represents a right to receive one Woodside ordinary share. The CEO’s filing shows 422 underlying ordinary shares via these rights, held indirectly through her daughter, with a zero exercise price and expiration on October 1, 2028.

Are the CEO’s Woodside shares in this Form 3 subject to vesting?

Yes. The filing states these holdings represent Restricted Shares awarded under Woodside’s employee incentive plans that remain subject to vesting. This means the CEO’s beneficial interest is tied to plan conditions that must be met before the restrictions on these shares fully lapse.

How are the CEO’s holdings in WDS structured between shares and rights?

The filing shows two components: 123,109 ordinary shares held indirectly via an equity plans trust, and Woodside Equity Plan Rights over 422 underlying ordinary shares held indirectly via her daughter. Together they outline both current restricted share ownership and future share entitlements.