[6-K] Smith & Nephew plc Current Report (Foreign Issuer)
Smith & Nephew plc announced awards under its Global Share Plan 2020 granted on 27 August 2025 to Ajay Dhankhar. The awards are based on the London Stock Exchange closing share price of 拢13.48 measured between 6 and 19 August 2025. Performance Share awards include 40,005 shares at target vesting (vesting 8 March 2027, performance period 1 Jan 2024鈥�31 Dec 2027) and 87,370 shares shown at maximum vesting (vesting 27 August 2028, performance period 1 Jan 2025鈥�31 Dec 2028). Restricted Share awards vest in three equal tranches on 27 August 2026, 27 August 2027 and 27 August 2028, each subject to continued employment and satisfactory performance.
Smith & Nephew plc ha comunicato l'assegnazione di premi ai sensi del proprio Global Share Plan 2020 concessi il 27 agosto 2025 ad Ajay Dhankhar. I premi sono calcolati sul prezzo di chiusura delle azioni alla London Stock Exchange di 拢13.48, rilevato tra il 6 e il 19 agosto 2025. Gli award Performance Share comprendono 40.005 azioni al livello target (vestizione l'8 marzo 2027, periodo di performance 1 gen 2024鈥�31 dic 2027) e 87.370 azioni al livello massimo (vestizione il 27 agosto 2028, periodo di performance 1 gen 2025鈥�31 dic 2028). Gli award Restricted Share maturano in tre tranche uguali il 27 agosto 2026, il 27 agosto 2027 e il 27 agosto 2028, ciascuna subordinata alla permanenza in servizio e a una performance soddisfacente.
Smith & Nephew plc anunci贸 adjudicaciones en virtud de su Global Share Plan 2020 otorgadas el 27 de agosto de 2025 a Ajay Dhankhar. Las adjudicaciones se basan en el precio de cierre en la Bolsa de Londres de 拢13.48, determinado entre el 6 y el 19 de agosto de 2025. Las Performance Share incluyen 40.005 acciones al nivel objetivo (adquisici贸n el 8 de marzo de 2027, periodo de rendimiento 1 ene 2024鈥�31 dic 2027) y 87.370 acciones al nivel m谩ximo (adquisici贸n el 27 de agosto de 2028, periodo de rendimiento 1 ene 2025鈥�31 dic 2028). Las Restricted Share se liberan en tres tramos iguales el 27 de agosto de 2026, el 27 de agosto de 2027 y el 27 de agosto de 2028, cada uno sujeto a continuidad en el puesto y a un desempe帽o satisfactorio.
Smith & Nephew plc電� 2025雲� 8鞗� 27鞚� Ajay Dhankhar鞐愱矊 攵�鞐悳 Global Share Plan 2020鞐� 霐半ジ 靾橃棳毳� 氚滍憸頄堨姷雼堧嫟. 頃措嫻 靾橃棳電� 2025雲� 8鞗� 6鞚茧秬韯� 8鞗� 19鞚� 靷澊 旄§爼霅� 霟半崢歃濌秾瓯半灅靻� 膦呹皜 拢13.48毳� 旮办鞙茧 頃╇媹雼�. Performance Share 靾橃棳鞐愲姅 氇╉憸 旮办鞐愳劀 40,005欤�(膦呹舶鞚� 2027雲� 3鞗� 8鞚�, 靹标臣旮瓣皠 2024雲� 1鞗� 1鞚尖��2027雲� 12鞗� 31鞚�)鞕� 斓滊寑 旮办鞐愳劀 87,370欤�(膦呹舶鞚� 2028雲� 8鞗� 27鞚�, 靹标臣旮瓣皠 2025雲� 1鞗� 1鞚尖��2028雲� 12鞗� 31鞚�)臧� 韽暔霅╇媹雼�. Restricted Share電� 2026雲� 8鞗� 27鞚�, 2027雲� 8鞗� 27鞚�, 2028雲� 8鞗� 27鞚检棎 臧侁皝 霃欖澕頃� 牍勳湪搿� 氩犾姢韺呺悩氅�, 臧� 韸鸽灉旃� 電� 瓿勳啀 瓿犾毄 氚� 毵岇”鞀る煬鞖� 靹标臣毳� 臁瓣贝鞙茧 頃╇媹雼�.
Smith & Nephew plc a annonc茅 des attributions dans le cadre de son Global Share Plan 2020 accord茅es le 27 ao没t 2025 脿 Ajay Dhankhar. Les attributions sont bas茅es sur le cours de cl么ture 脿 la London Stock Exchange de 拢13.48, mesur茅 entre le 6 et le 19 ao没t 2025. Les Performance Shares comprennent 40鈥�005 actions en cas d'atteinte de l'objectif (vesting le 8 mars 2027, p茅riode de performance 1 janv. 2024鈥�31 d茅c. 2027) et 87鈥�370 actions en cas d'atteinte maximale (vesting le 27 ao没t 2028, p茅riode de performance 1 janv. 2025鈥�31 d茅c. 2028). Les Restricted Shares acqui猫rent droit en trois tranches 茅gales les 27 ao没t 2026, 27 ao没t 2027 et 27 ao没t 2028, chacune soumise 脿 la poursuite de l'emploi et 脿 une performance satisfaisante.
Smith & Nephew plc gab Zuteilungen im Rahmen seines Global Share Plan 2020 bekannt, die am 27. August 2025 an Ajay Dhankhar gew盲hrt wurden. Die Zuteilungen basieren auf dem Schlusskurs an der London Stock Exchange von 拢13.48, gemessen zwischen dem 6. und 19. August 2025. Die Performance-Share-Zuteilungen umfassen 40.005 Aktien bei Zielerf眉llung (Vesting am 8. M盲rz 2027, Performance-Zeitraum 1. Jan. 2024鈥�31. Dez. 2027) und 87.370 Aktien bei maximaler Erf眉llung (Vesting am 27. August 2028, Performance-Zeitraum 1. Jan. 2025鈥�31. Dez. 2028). Restricted Shares werden in drei gleichen Tranchen am 27. August 2026, 27. August 2027 und 27. August 2028 freigegeben, jeweils vorbehaltlich fortdauernder Anstellung und zufriedenstellender Leistung.
- Performance alignment: Awards include multi-year performance conditions tying vesting to company metrics across 2024鈥�2028.
- Retention focus: Restricted Share awards vest in three tranches (2026鈥�2028) contingent on continued employment and satisfactory performance.
- Transparent grant basis: Grants reference the LSE closing price window of 拢13.48 for valuation context.
- None.
Insights
TL;DR: Routine long-term incentive awards disclosed; structured to align executive pay with multi-year performance and retention.
The filing documents standard equity-based compensation for a senior executive, with clearly defined performance periods and multi-year vesting dates. The Performance Share awards specify target and maximum vesting scenarios with performance measurement windows spanning 2024鈥�2028, while the Restricted Share awards use time and continued-employment conditions across 2026鈥�2028. These awards are disclosed in accordance with market-abuse reporting rules and use the LSE closing price reference of 拢13.48 for grant valuation context.
TL;DR: Remuneration structure emphasizes performance-based pay and retention protections; disclosure is consistent with regulatory requirements.
The awards combine performance-contingent shares and time-based restricted shares, a common approach to balance incentive alignment and retention. The Performance Share programme includes target and maximum vesting multipliers and dividend equivalents, while restricted awards require ongoing employment and non-unsatisfactory ratings for vesting. The disclosure provides grant dates, vesting dates and performance measurement periods but does not quantify grant-value in sterling beyond the reference LSE price window.
Smith & Nephew plc ha comunicato l'assegnazione di premi ai sensi del proprio Global Share Plan 2020 concessi il 27 agosto 2025 ad Ajay Dhankhar. I premi sono calcolati sul prezzo di chiusura delle azioni alla London Stock Exchange di 拢13.48, rilevato tra il 6 e il 19 agosto 2025. Gli award Performance Share comprendono 40.005 azioni al livello target (vestizione l'8 marzo 2027, periodo di performance 1 gen 2024鈥�31 dic 2027) e 87.370 azioni al livello massimo (vestizione il 27 agosto 2028, periodo di performance 1 gen 2025鈥�31 dic 2028). Gli award Restricted Share maturano in tre tranche uguali il 27 agosto 2026, il 27 agosto 2027 e il 27 agosto 2028, ciascuna subordinata alla permanenza in servizio e a una performance soddisfacente.
Smith & Nephew plc anunci贸 adjudicaciones en virtud de su Global Share Plan 2020 otorgadas el 27 de agosto de 2025 a Ajay Dhankhar. Las adjudicaciones se basan en el precio de cierre en la Bolsa de Londres de 拢13.48, determinado entre el 6 y el 19 de agosto de 2025. Las Performance Share incluyen 40.005 acciones al nivel objetivo (adquisici贸n el 8 de marzo de 2027, periodo de rendimiento 1 ene 2024鈥�31 dic 2027) y 87.370 acciones al nivel m谩ximo (adquisici贸n el 27 de agosto de 2028, periodo de rendimiento 1 ene 2025鈥�31 dic 2028). Las Restricted Share se liberan en tres tramos iguales el 27 de agosto de 2026, el 27 de agosto de 2027 y el 27 de agosto de 2028, cada uno sujeto a continuidad en el puesto y a un desempe帽o satisfactorio.
Smith & Nephew plc電� 2025雲� 8鞗� 27鞚� Ajay Dhankhar鞐愱矊 攵�鞐悳 Global Share Plan 2020鞐� 霐半ジ 靾橃棳毳� 氚滍憸頄堨姷雼堧嫟. 頃措嫻 靾橃棳電� 2025雲� 8鞗� 6鞚茧秬韯� 8鞗� 19鞚� 靷澊 旄§爼霅� 霟半崢歃濌秾瓯半灅靻� 膦呹皜 拢13.48毳� 旮办鞙茧 頃╇媹雼�. Performance Share 靾橃棳鞐愲姅 氇╉憸 旮办鞐愳劀 40,005欤�(膦呹舶鞚� 2027雲� 3鞗� 8鞚�, 靹标臣旮瓣皠 2024雲� 1鞗� 1鞚尖��2027雲� 12鞗� 31鞚�)鞕� 斓滊寑 旮办鞐愳劀 87,370欤�(膦呹舶鞚� 2028雲� 8鞗� 27鞚�, 靹标臣旮瓣皠 2025雲� 1鞗� 1鞚尖��2028雲� 12鞗� 31鞚�)臧� 韽暔霅╇媹雼�. Restricted Share電� 2026雲� 8鞗� 27鞚�, 2027雲� 8鞗� 27鞚�, 2028雲� 8鞗� 27鞚检棎 臧侁皝 霃欖澕頃� 牍勳湪搿� 氩犾姢韺呺悩氅�, 臧� 韸鸽灉旃� 電� 瓿勳啀 瓿犾毄 氚� 毵岇”鞀る煬鞖� 靹标臣毳� 臁瓣贝鞙茧 頃╇媹雼�.
Smith & Nephew plc a annonc茅 des attributions dans le cadre de son Global Share Plan 2020 accord茅es le 27 ao没t 2025 脿 Ajay Dhankhar. Les attributions sont bas茅es sur le cours de cl么ture 脿 la London Stock Exchange de 拢13.48, mesur茅 entre le 6 et le 19 ao没t 2025. Les Performance Shares comprennent 40鈥�005 actions en cas d'atteinte de l'objectif (vesting le 8 mars 2027, p茅riode de performance 1 janv. 2024鈥�31 d茅c. 2027) et 87鈥�370 actions en cas d'atteinte maximale (vesting le 27 ao没t 2028, p茅riode de performance 1 janv. 2025鈥�31 d茅c. 2028). Les Restricted Shares acqui猫rent droit en trois tranches 茅gales les 27 ao没t 2026, 27 ao没t 2027 et 27 ao没t 2028, chacune soumise 脿 la poursuite de l'emploi et 脿 une performance satisfaisante.
Smith & Nephew plc gab Zuteilungen im Rahmen seines Global Share Plan 2020 bekannt, die am 27. August 2025 an Ajay Dhankhar gew盲hrt wurden. Die Zuteilungen basieren auf dem Schlusskurs an der London Stock Exchange von 拢13.48, gemessen zwischen dem 6. und 19. August 2025. Die Performance-Share-Zuteilungen umfassen 40.005 Aktien bei Zielerf眉llung (Vesting am 8. M盲rz 2027, Performance-Zeitraum 1. Jan. 2024鈥�31. Dez. 2027) und 87.370 Aktien bei maximaler Erf眉llung (Vesting am 27. August 2028, Performance-Zeitraum 1. Jan. 2025鈥�31. Dez. 2028). Restricted Shares werden in drei gleichen Tranchen am 27. August 2026, 27. August 2027 und 27. August 2028 freigegeben, jeweils vorbehaltlich fortdauernder Anstellung und zufriedenstellender Leistung.
FAQ
What awards did Smith & Nephew (SNN) grant on 27 August 2025?
Who received the awards disclosed in the 6-K filing?
What share price was used to determine the grant reference?
When do the Performance Share awards vest and what periods do they measure?
What are the conditions for Restricted Share vesting?
