StockWatch
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Commercial Banks
ShareholdingAug 13, 2026, 09:46 AM

NatWest Group PDMRs Receive Shares; Paul Thwaite Retains 22,512

AI Summary

NatWest Group plc announced the initial notification of transactions for Persons Discharging Managerial Responsibility (PDMRs) under the NatWest Group 2024 Employee Share Plan. Ordinary shares were delivered to PDMRs on August 11, 2026, representing a fixed share allowance for the quarter ending September 30, 2026. The shares were calculated using a price of £7.1536, with a portion withheld for tax liabilities at £7.0608. Retained shares, such as 22,512 for Group CEO Paul Thwaite and 15,350 for Group CFO Katie Murray, will be released in instalments over five years.

Key Highlights

  • NatWest Group PDMRs received shares under the 2024 Employee Share Plan on August 11, 2026.
  • Shares were delivered as a fixed share allowance for the three-month period ending September 30, 2026.
  • The share delivery was calculated using a share price of £7.1536.
  • Paul Thwaite, Group CEO, retained 22,512 shares after tax liabilities.
  • Katie Murray, Group CFO, retained 15,350 shares after tax liabilities.
  • Shares were withheld to meet associated tax liabilities at a market price of £7.0608.
  • Retained shares will be held and released in instalments over a five-year period.