ESOPMay 7, 2026, 12:08 PM
Pearson CEO Omar Abbosh awarded 799,835 restricted shares
AI Summary
Pearson plc granted performance-related restricted shares under its 2026 Long-Term Incentive Plan (LTIP) to Chief Executive Omar Abbosh on May 5, 2026. Abbosh received 799,835 shares, representing 850% of his salary, calculated using a share price of A310.861. The award vests on May 1, 2029, contingent on performance conditions, and includes a subsequent two-year holding period.
Key Highlights
- Pearson granted performance-related restricted shares under its 2026 Long-Term Incentive Plan (LTIP).
- Chief Executive Omar Abbosh was awarded 799,835 restricted shares.
- The award represents 850% of Omar Abbosh's salary.
- The share price used to calculate the award was A310.861.
- The award vests on May 1, 2029, subject to performance conditions.
- Vested shares will be subject to an additional two-year holding period.
- The Remuneration Committee reserves the right to adjust payouts based on performance.
Price Impact
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