This is a routine PDMR share disposal with no material read-through for LYG. The sale is small relative to market cap and the officer remains above policy requirements. No further action warranted.
Price Chart
Executive Summary
Chief Risk Officer Stephen Shelley sold 4 million shares at ~110.98p (~GBP 4.44M total) on 9 Sept 2026. The filing notes he still exceeds the group's shareholding policy, framing this as routine portfolio rebalancing rather than a negative signal. For a large-cap bank, a single PDMR sale of this size is not material to the stock.
Key Facts
- Stephen Shelley (Chief Risk Officer) sold 4,000,000 ordinary shares on 9 Sept 2026.
- Average sale price: 110.9827 pence per share (~GBP 1.1098).
- Total proceeds: ~GBP 4.44 million.
- Transaction executed on the London Stock Exchange (XLON).
- Filing states Shelley continues to exceed the group's shareholding policy requirements after the sale.
Financial Impact
~GBP 4.44 million in insider sales by the Chief Risk Officer; negligible relative to Lloyds' ~GBP 70B+ market cap.
Risk Factors
- Insider selling could be misinterpreted by retail traders as a negative signal, but the filing explicitly states continued compliance with shareholding policy.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001654954-26-008252 |
| Document: 0001654954-26-008252-index-headers.html | 0001654954-26-008252 |
| Document: 0001654954-26-008252-index.html | 0001654954-26-008252 |
| Document: 0001654954-26-008252.txt | 0001654954-26-008252 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 25-NSE | $5.88 $5.78 | ▼ −1.70% | ▼ −3.81% | $5.50 (−6.46%) |
Sep 11, 2026 21d ago | 6-K | $6.01 $5.81 | ▼ −3.33% | ▼ −3.11% | $5.50 (−8.49%) |
Sep 11, 2026 21d ago | 6-K | $6.01 $5.81 | ▼ −3.33% | ▼ −3.11% | $5.50 (−8.49%) |
Sep 10, 2026 22d ago | 6-K | $5.89 $5.94 | ▲ +0.85% | ▲ +1.35% | $5.50 (−6.62%) |
Sep 4, 2026 28d ago | 6-K | $6.08 $5.90 | ▼ −2.96% | ▼ −1.75% | $5.50 (−9.54%) |
Sep 1, 2026 4w ago | 6-K | $5.91 $5.92 | ▲ +0.17% | ▲ +0.09% | $5.50 (−6.94%) |
Aug 28, 2026 5w ago | 6-K | $5.92 $6.08 | ▲ +2.70% | ▲ +2.59% | $5.50 (−7.09%) |
Aug 24, 2026 5w ago | 6-K | $6.04 $5.87 | ▼ −2.81% | ▼ −3.28% | $5.50 (−8.94%) |
Aug 18, 2026 6w ago | 6-K | $6.06 $6.08 | ▲ +0.33% | ▲ +0.53% | $5.50 (−9.24%) |
Aug 18, 2026 6w ago | 6-K | $6.06 $6.08 | ▲ +0.33% | ▲ +0.53% | $5.50 (−9.24%) |
US Market Status
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