HSBC Holdings ( (GB:HSBA) ) just unveiled an announcement.
HSBC Holdings plc announced the vesting of deferred annual incentive awards for performance years 2017 and 2018, which were granted as part of variable pay. On March 10, 2025, tranches of these awards vested, leading to transactions involving the sale of shares by directors and other persons discharging managerial responsibilities (PDMRs) in London. The shares were sold to cover withholding tax obligations, and the PDMRs are required to retain shares equivalent in value to those vested, net of tax liabilities, for twelve months from the original vesting date. This announcement reflects HSBC’s ongoing commitment to transparent compensation practices and aligns with industry standards for executive remuneration.
More about HSBC Holdings
HSBC Holdings plc is a leading global financial services company, incorporated in England and Wales, with its registered and group head office located in London, United Kingdom. The company operates in the banking and financial services industry, providing a wide range of services including retail banking, commercial banking, global banking and markets, and wealth management. HSBC is listed on multiple stock exchanges, including the Hong Kong Stock Exchange, and is known for its extensive international network and focus on connecting customers to opportunities worldwide.
YTD Price Performance: 7.17%
Average Trading Volume: 26,404,119
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £149.8B
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