Smiths Group Director Sells Shares to Cover Tax Liabilities
What happened
Lucy Glover sold ordinary shares of Smiths Group on the London Stock Exchange on October 9, 2026, at an average price of £27.5128 per share. The sale was made to finance income tax and national insurance liabilities arising from the vesting of the FY24 Long Term Incentive Plan. On October 13, 2026, Smiths Group also granted new conditional share awards to directors under the Long Term Incentive Plan.
From investegate.co.uk
Why it matters
The transaction relates to the vesting of executive compensation awards under the Smiths Group Long Term Incentive Plan. The sale was executed by the director to cover personal tax obligations related to the compensation, which is a common practice following incentive plan vesting.
From investegate.co.uk
Who's involved
- Lucy GloverDirector of Governance at Smiths Group
- Smiths GroupBritish engineering company whose shares were sold
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The entities involved
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Smiths Group
British engineering company
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Lucy Glover
researcher
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