
Peter Costello sells roughly £1.17 million of Shell shares as the company doubles down on oil, gas and LNG — and shareholders reward the strategy
There is nothing inherently improper about a senior executive selling shares in his employer.
Let us establish that before anyone reaches for the corporate lawyers.
But timing, context and scale can still make an entirely legitimate transaction interesting.
And Shell has just supplied a rather good example.
The Financial Times reports that Peter Costello, Shell plc’s President of Upstream, has taken advantage of the company’s improved valuation by selling shares worth roughly £1.17 million. Shell’s own regulatory disclosure provides the precise transactions: on 28 August 2026, Costello disposed of 31,786 Shell shares in London at £33.41 each, receiving £1,061,970.26, and another 3,214 shares in Amsterdam at €39.115, worth €125,715.61. (Financial Times) read more
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