Pearson PLC Files Director Shareholding Update

TL;DR

Pearson insiders are adjusting their stock holdings, check the 6-K for details.

AI Summary

Pearson plc filed a Form 6-K on July 1, 2024, reporting shareholding information for Directors and Persons Discharging Managerial Responsibility (PDMRs). The filing details changes in the holdings of these individuals 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 insider shareholdings and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

• PEARSON plc (company) — Registrant
• 80 Strand London, England WC2R 0RL (location) — Principal executive office address

FAQ

Key Financial Figures

• $12.47 — Alex Hardiman   323   $12.47   1,562   Omid Kordes
• $12.4699 — Volume(s)   Purchase price: $12.4699 per ADR   323   d)
• $4,027.78 — : 323 ADRs   Aggregated price: $4,027.78   e)   Date of the tr
• $90,519.00 — 7,259 ADRs   Aggregated price: $90,519.00   e)   Date of the tr
• $4,850.79 — : 389 ADRs   Aggregated price: $4,850.79   e)   Date of the tr

Filing Documents

• pearsonplc6klastupdated20.htm (6-K) — 238KB
• 0001654954-24-008392.txt ( ) — 239KB

From the Filing

SHAREHOLDING pearsonplc6klastupdated20 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 July 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 Director and PDMRs' Interests     Below are details of purchases (made under the Company's Non-Executive Directors' Share Purchase Plan) of Pearson plc ordinary shares of 25p each and American Depositary Receipts (ADRs) made on the London and New York Stock Exchanges on behalf of the Company's Chair, Deputy Chair and Senior Independent Director, and Non-Executive Directors on 28 June 2024:     Name of Director   No. of Shares Purchased   Price per Share*   Total Holding Following Notification   Sherry Coutu   957 £9.85   16,865   Alison Dolan   298 £9.85   1,162   Graeme Pitkethly   1,611 £9.85   13,288   Annette Thomas   383 £9.85   4,905   Lincoln Wallen   430 £9.85   19,793       Name of Director   No. of ADRs Purchased   Price per ADR*   Total Holding Following Notification   Alex Hardiman   323   $12.47   1,562   Omid Kordestani   7,259   $12.47   79,252   Esther Lee   389   $12.47   4,406     * rounded to two decimal places.   The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.     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   Sherry Coutu   2   Reason for the notification   a)   Position/status   Non-Executive Director   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   Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan   c)   Price(s) and volume(s)   Price(s)   Volume(s)   Purchase price:   £9.8520   per share   957 d)   Aggregated information   - Aggregated volume   - Price       Aggregated volume: 957 shares   Aggregated price: £9,428.36   e)   Date of the transaction   28 June 202

View Full Filing

View this 6-K filing on SEC EDGAR