Unilever PLC filed a Form 6-K on 30 October 2026 disclosing that Chief Executive Officer Fernando Fernandez sold a total of 93,273 ordinary shares on that date for personal financial planning purposes.

Key Highlights

  • Seller and role: Fernando Fernandez, Chief Executive Officer and Executive Director of Unilever PLC, conducted the sale.
  • Total shares sold: 93,273 ordinary shares of 3 1/2 pence each, comprising 30,158 PLC GBP shares and 63,115 PLC EUR shares.
  • Transaction prices: GBP shares sold at £48.901367 per share; EUR shares sold at €58.474285 per share, according to the filing.
  • Remaining beneficial ownership: Following the sale, Fernandez and his connected persons beneficially own 199,132 shares, representing approximately 715% of his base salary.
  • Shareholding requirement met: The filing states the 715% holding is above Fernandez's required shareholding threshold of 700% of salary.
  • Outstanding awards: Fernandez holds a further 233,061 shares under performance share plan awards with vesting between 0% and 200% of target, depending on performance conditions.
  • Transaction venues: Shares were sold on the London Stock Exchange (XLON) and Euronext Amsterdam (XAMS).

Fernando Fernandez Share Sale: Transaction and Ownership Details

According to the Form 6-K filed with the U.S. Securities and Exchange Commission, Unilever PLC (NYSE:UL) disclosed that its Chief Executive Officer, Fernando Fernandez, sold 93,273 ordinary shares on 30 October 2026. The filing states the sale was made "for personal financial planning purposes." The 30,158 PLC GBP shares were sold at a price of £48.901367 each, while the 63,115 PLC EUR shares were sold at €58.474285 each, with the aggregate amounts stated in the filing as £1,474,767.43 for the GBP tranche and €3,690,604.50 for the EUR tranche.

The filing notes that Fernandez "has accumulated a substantial shareholding in Unilever over his 38-year long career, having previously sold less than 10% of his total shareholding at the point he became an Executive Director on 1 January 2024." After this transaction, the filing reports he and his connected persons beneficially own 199,132 shares, equating to approximately 715% of his base salary, which the filing confirms exceeds his 700% shareholding requirement. Unilever is a global consumer goods company whose ordinary shares trade on multiple exchanges, including the London Stock Exchange and Euronext Amsterdam.

In addition to his direct beneficial holding, Fernandez retains 233,061 shares under performance share plan (PSP) awards subject to performance conditions, including dividend equivalents accrued to date. These consist of 45,565 shares under the 2024-2026 PSP award, 69,089 shares under the 2025-2027 PSP award, and 118,407 shares under the 2026-2028 PSP award. The filing states these awards were granted at target and may vest between 0% and 200% of target depending on achievement of the relevant performance conditions.

What Was Disclosed

Unilever PLC filed a Form 6-K on 30 October 2026 disclosing a share sale by CEO Fernando Fernandez of 93,273 ordinary shares across two currency tranches, executed on the London Stock Exchange and Euronext Amsterdam, with remaining beneficial ownership of 199,132 shares.