Lloyds Banking Group plc (LON: LLOY) has disclosed that four senior executives increased their ordinary share holdings through the group’s dividend reinvestment arrangements following payment of the 2026 interim dividend.
The acquisitions were made after the interim dividend for the year ending December 31, 2026 was paid on September 15, 2026, with transactions executed on the London Stock Exchange across two consecutive days.
Kate Cheetham, who serves as Chief Legal Officer and Company Secretary, acquired 642 ordinary shares through the group’s Share Incentive Plan at a price of GBP1.0997 per share on September 15, 2026.
Sharon Doherty, the group’s Chief People and Places Officer, acquired a combined total of 2,552 shares across two separate accounts, including 29 shares via the Share Incentive Plan and 2,523 through a Global Nominee Account.
Stephen Shelley, who holds the role of Chief Risk Officer, acquired 1,202 shares through the Share Incentive Plan at GBP1.0997 per share, with the transaction completed on September 15, 2026 on the London Stock Exchange.
Jasjyot Singh, CEO of Consumer, recorded the largest acquisition among the four executives, accumulating a total of 25,481 shares across two accounts during the two-day transaction window.
Singh acquired 64 shares through the Share Incentive Plan at GBP1.0997 per share on September 15, and a further 25,417 shares via a Global Nominee Account at GBP1.108054 per share on September 16, 2026.
Share Incentive Plan purchases were executed at GBP1.0997 per share on September 15, while Global Nominee Account transactions settled at GBP1.108054 per share on September 16, reflecting the standard mechanics of the group’s reinvestment program.
All transactions were conducted on the London Stock Exchange and disclosed to the U.S. Securities and Exchange Commission via a Form 6-K filing signed by Group Investor Relations Director Douglas Radcliffe on September 17, 2026.
Dividend reinvestment plans allow shareholders, including senior executives, to automatically convert cash dividend payments into additional company shares rather than receiving the income directly, compounding their ownership stake over time.
The disclosures are required under regulations governing persons discharging managerial responsibilities, ensuring transparency around share dealings by those with access to inside information at publicly listed companies.
The transactions carry a neutral regulatory impact and sentiment designation, reflecting the routine nature of dividend reinvestment activity as opposed to discretionary open-market purchases by company insiders.
