STANCHART executives vest 259,109 shares under 2023-25 LTIP; £1.44 million sold for tax obligations

Bulletin Express
Yesterday

Standard Chartered PLC (STANCHART) reported a series of director and senior management share transactions on 19 March 2026, following performance-based vesting under the bank’s 2023-2025 Long-Term Incentive Plan (LTIP).

Key transactions • Chief Strategy & Talent Officer Tanuj Kapilashrami received 40,483 ordinary shares at £15.07 each (gross value: £0.61 million) and disposed of 20,942 shares (£0.32 million) to meet tax liabilities. • CEO, Wealth & Retail Banking Judy Hsu vested 70,099 shares (£1.06 million) and sold 18,517 shares (£0.28 million) for tax purposes. • Group Chief Executive Bill Winters vested 86,027 shares (£1.30 million) and sold 44,502 shares (£0.67 million) to cover taxes. • President, International Benjamin Hung vested 62,500 shares (£0.94 million) and disposed of 11,695 shares (£0.18 million) for tax settlement.

Aggregate impact • Total shares vested: 259,109, representing approximately £3.90 million in gross value. • Shares sold to satisfy tax withholdings: 95,656, realising about £1.44 million. • Net shares retained by the four executives: 163,453.

All transactions were executed on the London Stock Exchange at a uniform price of £15.07 per share. The vesting includes portions accelerated under provisions outlined in the Prudential Regulation Authority’s October 2025 remuneration reform statement.

Board composition As of 20 March 2026, the Board of Directors comprises Chair Maria da Conceicao das Neves Calha Ramos, Executive Director and Group Chief Executive William Thomas Winters, and nine Independent Non-Executive Directors.

These disclosures fulfil regulatory requirements for Director and PDMR share dealings and provide transparency on management’s equity holdings following LTIP performance assessment.

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