Suncorp Group Limited (ASX:SUN) has disclosed changes in the relevant interests of three directors — Steve Johnston, Ian Hammond and Sylvia Falzon — following share rights conversions, performance rights lapses, and dividend reinvestment plan participation, according to filings lodged with the exchange.

Key Points

  • Director Steve Johnston had 158,599 performance rights (SUNAD) converted to share rights (SUNAB) and 72,268 performance rights lapsed following testing of the FY24 Long-Term Incentive plan on 25 September 2026.
  • Following changes, Johnston holds indirectly 183,436 SUNAB and 337,648 SUNAD, with his direct holding of 395,719 SUN shares unchanged.
  • Director Ian Hammond acquired 135 and 1,626 ordinary shares across two indirect holdings on 22 September 2026 via the Suncorp Group Dividend Reinvestment Plan at $18.92 per share.
  • Hammond's indirect holdings after the change total 4,279 ordinary shares in the Jane Golightly Pty Ltd account and 51,528 ordinary shares in the Hammond Family superannuation fund account.

Steve Johnston FY24 LTI Performance Rights Movement

The change of director's interest notice for Steve Johnston, dated 25 September 2026, discloses that in accordance with the Suncorp Equity Incentive Plan, 158,599 performance rights (SUNAD) were converted to share rights (SUNAB) following testing of the FY24 Long-Term Incentive plan. Additionally, 72,268 performance rights (SUNAD) lapsed because the conditions of the FY24 LTI had not been, or had become incapable of being, satisfied. No consideration was paid for these transactions. Johnston's direct holding of 395,719 SUN ordinary shares remained unchanged, and his indirect holding via the Johnston Family account of 309,498 SUN shares also remained unchanged.

Ian Hammond Dividend Reinvestment Plan Acquisition

Director Ian Hammond's notice records a change dated 22 September 2026, in which ordinary shares were issued under the Suncorp Group Dividend Reinvestment Plan. Hammond acquired 135 ordinary shares held through Jane Golightly Pty Ltd in the Hammond Family account, and 1,626 ordinary shares held through the Hammond Family superannuation fund account. The consideration disclosed was $18.92 per ordinary share. No securities were disposed of. Hammond has the ability to influence votes and trades over securities held in both accounts, according to the filing. No closed-period clearance was required for either transaction.

Director Filings Lodged Under Listing Rule 3.19A.2

All notices were filed by Suncorp Group Limited under ASX Listing Rule 3.19A.2 and as agent for the respective directors under section 205G of the Corporations Act. The filing also references a separate Appendix 3Y notice for director Sylvia Falzon, with a date of last notice recorded as 8 April 2026. In each case, the directors confirmed that the relevant securities were not traded during a closed period requiring prior written clearance. The filings were made in the name of Suncorp Group Limited, ABN 66 145 290 124.