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LONDON - Unilever PLC (LSE:LON:ULVR) disclosed a series of transactions involving the granting of Performance Share Plan (PSP) award shares to its top executives on March 7, 2025. These transactions, which took place on the London and Amsterdam Stock Exchanges as well as the New York Stock Exchange, are part of the company’s long-term incentive plan for its leadership team.
The company’s notification detailed PSP awards to various members of the Unilever Leadership Executive, including Business Group Presidents and the Chief Executive Officer, Fernando Fernandez. The shares were awarded at prices of £46.07, €54.80, and $59.23 respectively, depending on the exchange.
The highest volume of shares awarded went to CEO Fernando Fernandez, with a total of 65,572.662 shares valued at approximately £3,020,932.54. Other notable awards include Business Group President of Personal Care, Fabian Garcia, receiving 13,033.547 PLC ADR shares on the New York Stock Exchange, amounting to a value of $771,976.99.
These awards are intended to align the interests of the executive team with those of shareholders, incentivizing the achievement of long-term company performance goals. The PSP is a common practice among large corporations, designed to retain and motivate senior management by linking a portion of their remuneration to the company’s success.
The disclosure of these transactions is in accordance with the market regulations and corporate governance standards that mandate public disclosure of transactions by persons discharging managerial responsibilities. The transactions were carried out on recognized stock exchanges, ensuring transparency and adherence to market rules.
This information is based on a press release statement from Unilever PLC and is intended to provide shareholders and the market with the details of these recent transactions.
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