---
title: "Henry Boot Executives Exercise LTIP Share Awards and Sell Portion to Cover Tax"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284412137.md"
description: "Henry Boot PLC announced that executives, including the CEO and CFO, exercised nil-cost options under the 2015 Long Term Incentive Plan. The options vested after meeting performance conditions and included dividend equivalent shares. Executives sold part of their shares to cover tax obligations. The transactions were partly conducted on the London Stock Exchange. Analysts rate BOOT stock as a Buy with a £231.00 price target, though Spark's AI Analyst gives it a Neutral rating due to concerns over cash flow and technical indicators."
datetime: "2026-04-28T14:56:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284412137.md)
  - [en](https://longbridge.com/en/news/284412137.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284412137.md)
generator: "portal-rs"
---

# Henry Boot Executives Exercise LTIP Share Awards and Sell Portion to Cover Tax

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Henry Boot ( (GB:BOOT) ) has shared an announcement.

Henry Boot PLC has reported that several persons discharging managerial responsibilities, including the chief executive and chief financial officer, have exercised nil-cost options over ordinary shares granted in April 2023 under the company’s 2015 Long Term Incentive Plan. The options vested following the satisfaction of performance conditions over the three financial years to 31 December 2025, and awards included dividend equivalent shares.

Following vesting, the shares were transferred from the company’s Employee Benefit Trust to the relevant executives, who then instructed the sale of a portion of their holdings to meet tax and national insurance obligations arising from the awards. The transactions, conducted partly outside a trading venue and partly on the London Stock Exchange, underscore Henry Boot’s ongoing use of equity-based incentives to reward management in line with regulatory disclosure requirements.

The most recent analyst rating on (GB:BOOT) stock is a Buy with a £231.00 price target. To see the full list of analyst forecasts on Henry Boot stock, see the GB:BOOT Stock Forecast page.

**Spark’s Take on BOOT Stock**

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

The score is held back primarily by weak cash flow in 2025 (negative operating and free cash flow) and bearish technicals (price below all key moving averages with negative MACD). These risks are partly offset by a very conservative balance sheet and a reasonable valuation with a supportive dividend yield.

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

**More about Henry Boot**

Henry Boot PLC is a U.K.-listed company whose shares trade on the London Stock Exchange. It operates under a long-term incentive framework for senior management, using ordinary shares of 10p each to align executive and management remuneration with company performance and shareholder interests.

**Average Trading Volume:** 83,484

**Technical Sentiment Signal:** Sell

**Current Market Cap:** £234.2M

For a thorough assessment of BOOT stock, go to TipRanks’ Stock Analysis page.

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- [BOOT.UK](https://longbridge.com/en/quote/BOOT.UK.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**