The latest announcement is out from Persimmon ( (GB:PSN) ).
Persimmon Plc has announced the granting of share awards to its Group Chief Executive, Dean Finch, and Chief Financial Officer, Andrew Duxbury, under the 2017 Performance Share Plan. The awards, which cover 135,040 and 88,621 shares respectively, are part of a three-year performance period ending in 2027, with a subsequent two-year holding period. Additionally, Dean Finch acquired and sold shares to cover tax liabilities from previous awards, reflecting ongoing executive incentives aligned with company performance. These transactions highlight Persimmon’s commitment to aligning executive compensation with long-term company performance, potentially impacting shareholder value and market perception.
More about Persimmon
Persimmon Plc is a major player in the construction industry, primarily focusing on residential property development. The company is known for building a wide range of homes across the UK, catering to various market segments from first-time buyers to family homes.
YTD Price Performance: -0.46%
Average Trading Volume: 1,940,678
Technical Sentiment Signal: Strong Buy
Current Market Cap: £3.8B
For a thorough assessment of PSN stock, go to TipRanks’ Stock Analysis page.