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Intertek Executives Boost Holdings After 2021 LTIP Share Vesting

Story Highlights
  • Intertek’s CEO and CFO received vested shares under the 2021 long term incentive plan, selling part of the awards to meet tax and national insurance obligations.
  • The transactions modestly increased André Lacroix’s and Colm Deasy’s stakes in Intertek, reinforcing management-shareholder alignment and disclosed under UK market abuse rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intertek Executives Boost Holdings After 2021 LTIP Share Vesting

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The latest announcement is out from Intertek ( (GB:ITRK) ).

Intertek has disclosed share transactions by its chief executive André Lacroix and chief financial officer Colm Deasy following the vesting of awards under the company’s 2021 Long Term Incentive Plan. The vesting resulted in both executives acquiring ordinary shares and selling a portion to settle tax and national insurance liabilities, with the trades executed on the London Stock Exchange and marginally increasing their direct holdings in the group.

Lacroix saw 83,630 shares vest, of which 37,635 were disposed of to cover tax, leaving him with 45,995 additional shares and a total holding of 616,664 shares, or about 0.40% of Intertek’s issued capital. Deasy had 6,756 shares vest, sold 3,176 for tax, and retained 3,580 shares, taking his total stake to 10,132 shares, a small but transparent adjustment that underscores ongoing alignment of senior management incentives with shareholder interests under UK market abuse regulations.

The most recent analyst rating on (GB:ITRK) stock is a Buy with a £56.30 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Spark’s Take on ITRK Stock

According to Spark, TipRanks’ AI Analyst, ITRK is a Neutral.

The score reflects strong underlying business quality (steady growth, solid margins, and positive free cash flow) and supportive valuation (low P/E and ~4% yield). These positives are tempered by clear technical weakness (trading well below key moving averages with negative MACD) and rising balance-sheet/cash-flow risk signals in 2025, despite constructive 2026 guidance.

To see Spark’s full report on ITRK stock, click here.

More about Intertek

Intertek Group plc is a UK-based provider of quality assurance, testing, inspection and certification services to a wide range of industries. The company supports clients’ products, processes and systems through compliance, safety and performance verification, serving global markets that rely on rigorous regulatory and quality standards.

Average Trading Volume: 506,325

Technical Sentiment Signal: Sell

Current Market Cap: £5.73B

For detailed information about ITRK stock, go to TipRanks’ Stock Analysis page.

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