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14:54:20 EST Fri 27 Feb 2026
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Director/PDMR Shareholding

2026-02-27 10:43 ET - News Release

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
     
February 27, 2026
     
Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares as set out below. A percentage of the PDMR’s annual bonus is delivered in cash and a percentage is delivered in shares. Shares are subject to a three-year holding period, which continues to apply after PDMRs leave employment.
     
PDMRDate AcquiredShare TypeNumber of shares acquiredPurchase price per Share
Wael Sawan26 February 2026SHEL (LSE) 23,980 GBP 30.11
Sinead Gorman26 February 2026SHEL (LSE) 15,841 GBP 30.11
Philippa Bounds26 February 2026SHEL (LSE) 6,892 GBP 30.11
Peter Costello26 February 2026SHEL (LSE) 3,060 GBP 30.11
Andrew Smith26 February 2026SHELL (AMS) 6,853 EUR 34.57
Rachel Solway26 February 2026SHEL (LSE) 6,892 GBP 30.11
Cederic Cremers25 February 2026SHELL (AMS) 5,321 EUR 34.18
Machteld de Haan25 February 2026SHELL (AMS) 4,979 EUR 34.18
Robin Mooldijk25 February 2026SHELL (AMS) 3,648 EUR 34.18
     
The Notification of Dealing Form for each PDMR can be found below. 
     
     
Julie Keefe    
Deputy Company Secretary   
     
ENQUIRIES    
Shell Media Relations   
International, UK, European Press: +44 20 7934 5550  
     


1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)Wael
Last Name(s)Sawan
2. Reason for the notification
Position/statusChief Executive Officer
Initial notification/ amendmentInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionDelivery of 50% of bonus in shares
CurrencyGBP
Price30.11
Volume23,980.00
Total722,037.80
Aggregated information 
Volume 23,980.00
Price30.11
Total722,037.80
Date of transaction 26/02/2026
Place of transactionOutside a trading venue


1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)Sinead
Last Name(s)Gorman
2. Reason for the notification
Position/statusChief Financial Officer
Initial notification/ amendmentInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionDelivery of 50% of bonus in shares
CurrencyGBP
Price30.11
Volume15,841.00
Total476,972.51
Aggregated information 
Volume 15,841.00
Price30.11
Total476,972.51
Date of transaction 26/02/2026
Place of transactionOutside a trading venue


1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)Philippa
Last Name(s)Bounds
2. Reason for the notification
Position/statusChief Legal Officer
Initial notification/ amendmentInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionDelivery of 50% of bonus in shares
CurrencyGBP
Price30.11
Volume6,892.00
Total207,518.12
Aggregated information 
Volume 6,892.00
Price30.11
Total207,518.12
Date of transaction 26/02/2026
Place of transactionOutside a trading venue


1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)Peter
Last Name(s)Costello
2. Reason for the notification
Position/statusPresident, Upstream
Initial notification/ amendmentInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionDelivery of 25% of bonus in shares
CurrencyGBP
Price30.11
Volume3,060.00
Total92,136.60
Aggregated information 
Volume 3,060.00
Price30.11
Total92,136.60
Date of transaction 26/02/2026
Place of transactionOutside a trading venue


1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)Andrew
Last Name(s)Smith
2. Reason for the notification
Position/statusPresident, Trading and Supply
Initial notification/ amendmentInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionDelivery of 50% of bonus in shares
CurrencyEUR
Price34.57
Volume6,853.00
Total236,908.21
Aggregated information 
Volume 6,853.00
Price34.57
Total236,908.21
Date of transaction 26/02/2026
Place of transactionOutside a trading venue


1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)Rachel
Last Name(s)Solway
2. Reason for the notification
Position/statusChief Human Resources and Corporate Officer
Initial notification/ amendmentInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionDelivery of 50% of bonus in shares
CurrencyGBP
Price30.11
Volume6,892.00
Total207,518.12
Aggregated information 
Volume 6,892.00
Price30.11
Total207,518.12
Date of transaction 26/02/2026
Place of transactionOutside a trading venue


1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)Cederic
Last Name(s)Cremers
2. Reason for the notification
Position/statusPresident, Integrated Gas
Initial notification/ amendmentInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionDelivery of 50% of bonus in shares
CurrencyEUR
Price34.18
Volume5,321.00
Total181,871.78
Aggregated information 
Volume 5,321.00
Price34.18
Total181,871.78
Date of transaction 25/02/2026
Place of transactionOutside a trading venue


1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)Machteld
Last Name(s)de Haan
2. Reason for the notification
Position/statusPresident, Downstream, Renewables and Energy Solutions
Initial notification/ amendmentInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionDelivery of 50% of bonus in shares
CurrencyEUR
Price34.18
Volume4,979.00
Total170,182.22
Aggregated information 
Volume 4,979.00
Price34.18
Total170,182.22
Date of transaction 25/02/2026
Place of transactionOutside a trading venue


1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)Robin
Last Name(s)Mooldijk
2. Reason for the notification
Position/statusPresident, Projects & Technology
Initial notification/ amendmentInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionDelivery of 25% of bonus in shares
CurrencyEUR
Price34.18
Volume3,648.00
Total124,688.64
Aggregated information 
Volume 3,648.00
Price34.18
Total124,688.64
Date of transaction 25/02/2026
Place of transactionOutside a trading venue

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