Pearson PLC: Director Share Acquisitions

TL;DR

Pearson execs buying shares, signal of confidence.

AI Summary

Pearson plc filed a Form 6-K on July 16, 2024, reporting director and PDMR shareholdings. The filing details changes in holdings for individuals such as Sally Johnson, who acquired 1,000 ordinary shares on July 15, 2024, and David Levin, who also acquired 1,000 ordinary shares on the same date. These transactions represent ordinary share acquisitions.

Why It Matters

This filing provides transparency into insider transactions, offering insights into the confidence executives have in the company's performance and future prospects.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of director shareholdings and does not indicate any significant financial or operational risks.

Key Players & Entities

• Pearson plc (company) — Registrant
• Sally Johnson (person) — Director/PDMR acquiring shares
• David Levin (person) — Director/PDMR acquiring shares
• 1,000 ordinary shares (dollar_amount) — Shares acquired by Sally Johnson and David Levin
• July 15, 2024 (date) — Date of share acquisitions
• July 16, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $10.3620 — d volume(s) Volume: 579.0388 Price: $10.3620 per ADR   d) Aggregated info
• $6,000 — : 579.0388   Aggregated price: $6,000 e) Date of the transaction  

Filing Documents

• a6435w.htm (6-K) — 35KB
• 0001654954-24-008961.txt ( ) — 36KB

From the Filing

SHAREHOLDING a6435w 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 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   Purchase of ADRs through the Company's U.S. Employee Stock Purchase Plan in respect of the offering period from 1 January 2024 to 30 June 2024. c) Price(s) and volume(s) Volume: 579.0388 Price: $10.3620 per ADR   d) Aggregated information   - Aggregated volume   - Price       Aggregated volume: 579.0388   Aggregated price: $6,000 e) Date of the transaction   12 July 2024 f) Place of the transaction    New York Stock Exchange (XNYS)     SIGNATURE   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.     PEARSON plc     Date:  16 July 2024     By: /s/ NATALIE WHITE       ------------------------------------   Natalie White   Deputy Company Secretary

View Full Filing

View this 6-K filing on SEC EDGAR