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Pearson CEO Omar Abbosh Receives LTIP Share Award and Sells Portion to Cover Taxes

Story Highlights
  • Pearson CEO Omar Abbosh received 472,951 ordinary shares under the company’s Long-Term Incentive Plan.
  • Abbosh sold 52,025 shares at £10.5013 each to cover tax liabilities, slightly adjusting his overall shareholding structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pearson CEO Omar Abbosh Receives LTIP Share Award and Sells Portion to Cover Taxes

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An update from Pearson ( (GB:PSON) ) is now available.

Pearson plc has disclosed that its Chief Executive Officer, Omar Abbosh, has received an allotment of 472,951 ordinary shares following the vesting of awards under the company’s Long-Term Incentive Plan, with a portion of 52,025 shares sold on the London Stock Exchange to meet associated tax liabilities at a price of £10.5013 per share. The transaction underscores Pearson’s continued use of equity-based remuneration to align executive incentives with shareholder interests and reflects standard governance practice in the UK market, with no change in the company’s underlying operations but a modest adjustment to the CEO’s direct shareholding structure.

The most recent analyst rating on (GB:PSON) stock is a Buy with a £1440.00 price target. To see the full list of analyst forecasts on Pearson stock, see the GB:PSON Stock Forecast page.

Spark’s Take on GB:PSON Stock

According to Spark, TipRanks’ AI Analyst, GB:PSON is a Outperform.

Pearson’s overall stock score reflects a stable financial outlook with strong cash flow and profitability metrics. The company’s strategic initiatives and corporate events, such as share buybacks and board changes, bolster investor confidence. However, technical indicators suggest a bearish trend, and revenue growth challenges persist.

To see Spark’s full report on GB:PSON stock, click here.

More about Pearson

Pearson plc is a UK-listed education and publishing company that provides learning materials, digital education platforms and assessment services to schools, higher education institutions, corporations and individual learners worldwide. The company focuses on leveraging technology-enabled content and long-term incentive structures to attract and retain senior leadership as it competes in the global education and training markets.

Average Trading Volume: 1,943,005

Technical Sentiment Signal: Buy

Current Market Cap: £6.58B

See more insights into PSON stock on TipRanks’ Stock Analysis page.

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