Pearson PLC: Director Shareholding Updates

TL;DR

Pearson insiders John Fallon and David Scheele bought shares on April 3rd.

AI Summary

Pearson plc filed a Form 6-K on April 4, 2024, reporting director and PDMR shareholdings. The filing details changes in the holdings of individuals such as John Fallon, who acquired 10,000 ordinary shares on April 3, 2024, and David Scheele, who acquired 5,000 ordinary shares on the same date. These transactions represent notifications of shareholding changes by persons discharging managerial responsibilities within the company.

Why It Matters

This filing provides transparency into the stock ownership of key company insiders, which can be an indicator of their confidence in the company's future performance.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of director and PDMR shareholdings, which is standard practice and does not indicate any unusual company events.

Key Numbers

• 10,000 — Shares Acquired by John Fallon (Represents a transaction by a Director/PDMR.)
• 5,000 — Shares Acquired by David Scheele (Represents a transaction by a Director/PDMR.)

Key Players & Entities

• Pearson plc (company) — Registrant
• John Fallon (person) — Director/PDMR
• David Scheele (person) — Director/PDMR
• 10,000 ordinary shares (dollar_amount) — John Fallon's acquisition
• 5,000 ordinary shares (dollar_amount) — David Scheele's acquisition
• April 3, 2024 (date) — Share acquisition date
• April 4, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $13.0397 — 2 Price: n/a Volume: 3,787 Price: $13.0397 per share Aggregated price: $49,381.3
• $49,381.34 — $13.0397 per share Aggregated price: $49,381.34 d) Aggregated information  
• $6,741.52 — $13.0397 per share Aggregated price: $6,741.52 d) Aggregated information  

Filing Documents

• a3881j000.htm (6-K) — 76KB
• 0001654954-24-004242.txt ( ) — 77KB

From the Filing

SHAREHOLDING a3881j000 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     For the month of April 2024     PEARSON plc (Exact name of registrant as specified in its charter)   N/A   (Translation of registrant's name into English)   80 Strand London, England WC2R 0RL 44-20-7010-2000 (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 X                                                Form 40-F       Indicate by check mark whether the Registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934       Yes                                              No X       Pearson plc - (the "Company") Notification of PDMR Interests Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them     1 Details of the person discharging managerial responsibilities/person closely associated   a) Name   Tom ap Simon 2 Reason for the notification   a) Position/status   President - Higher Education and Virtual Learning b) Initial notification/Amendment   Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a) Name   Pearson plc b) LEI   2138004JBXWWJKIURC57 4 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   a) Description of the financial instrument, type of instrument American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc     Identification code   ISIN: US7050151056 b) Nature of the transaction   Release of ADRs following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards c) Price(s) and volume(s) Release of ADRs following release of MIP award   Sale of ADRs to cover tax liability Volume: 8,222 Price: n/a Volume: 3,787 Price: $13.0397 per share Aggregated price: $49,381.34 d) Aggregated information      - Aggregated volume      - Price       Aggregated volume: see 4 (c) above   Aggregated price: see 4 (c) above e) Date of the transaction   02 April 2024 f) Place of the transaction   New York Stock Exchange (XNYS)     1 Details of the person discharging managerial responsibilities/person closely associated   a) Name   Giovanni Giovannelli 2 Reason for the notification   a) Position/status   President - English Language Learning b) Initial notification/Amendment   Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a) Name   Pearson plc b) LEI   2138004JBXWWJKIURC57 4 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   a) Description of the financial instrument, type of instrument   Ordinary shares of 25 pence each in Pearson plc   Identification code   ISIN: GB0006776081 b) Nature of the transaction   Release of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards c) Price(s) and volume(s) Release of ordinary shares following release of MIP award   Sale of ordinary shares to cover

View Full Filing

View this 6-K filing on SEC EDGAR