Pearson PLC Director Shareholding Updates

TL;DR

Pearson directors are buying/selling shares, check the 6-K for details.

AI Summary

Pearson plc filed a Form 6-K on April 11, 2024, reporting director and PDMR shareholdings. The filing details changes in holdings for individuals such as Verity, who acquired 1,000 ordinary shares on April 10, 2024, and other individuals like John Fallon and Sally Johnson, who also saw changes in their shareholdings.

Why It Matters

This filing provides transparency into the stock ownership of key individuals within Pearson plc, which can be an indicator of insider confidence or changes in their investment strategies.

Risk Assessment

Risk Level: low — This is a routine disclosure of director shareholdings and does not indicate any significant operational or financial risk for the company.

Key Numbers

• April 11, 2024 — Filing Date (Date the Form 6-K was filed with the SEC.)
• April 10, 2024 — Transaction Date (Date of the reported share acquisition by Verity.)

Key Players & Entities

• Pearson plc (company) — Registrant
• Verity (person) — Director/PDMR with shareholding change
• John Fallon (person) — Director/PDMR with shareholding change
• Sally Johnson (person) — Director/PDMR with shareholding change
• 1,000 ordinary shares (dollar_amount) — Shares acquired by Verity

FAQ

Filing Documents

• a3332k.htm (6-K) — 43KB
• 0001654954-24-004485.txt ( ) — 44KB

From the Filing

SHAREHOLDING a3332k 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 PDMRs' Interests   The notification below outlines the award of restricted shares granted to Omar Abbosh in accordance with the terms of the Chief Executive's remuneration package as disclosed on 20 September 2023.   The award will vest in three equal tranches as soon as practicable following 31 December 2024, 31 December 2025 and 31 December 2026. The vesting of each tranche is conditional on Mr. Abbosh remaining in continued employment as at each vesting date. Any shares which vest pursuant to the award will be subject to a holding period lasting up to the vesting date of the final tranche (31 December 2026), and may not be transferred, assigned, sold, pledged or otherwise disposed of during the holding period save as to satisfy any tax   liability incurred in connection with the award. The award also attracts dividend equivalent awards.     The notification below is made in accordance with the requirements of the UK Market Abuse Regulation. Further details will be disclosed as appropriate in the 2024 Annual Report.   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   Omar Abbosh   2   Reason for the notification   a)   Position/status   Chief Executive   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   Identification code   Ordinary shares of 25 pence each in Pearson plc   ISIN: GB0006776081 b)   Nature of the transaction   Grant of restricted shares under the Long-Term Incentive Plan in accordance with Mr. Abbosh's remuneration package   c)   Price(s) and volume(s)   Price(s)   Volume(s)   n/a   1,378,942 shares   (see note 1)   d)   Aggregated information   - Aggregated volume   - Price       Aggregated volume: 1,378,942 shares   Aggregated price: n/a   e)   Date of the transaction   9 April 2024   f)   Place of the transaction   n/a                                                 Note 1: The 2023 Directors' Remuneration Report referred to the award being over 1

View Full Filing

View this 6-K filing on SEC EDGAR