BHP Group Limited filed a Form 6-K on 12 November 2026 disclosing a Change of Director's Interest Notice for Brandon Craig, Chief Executive Officer, reflecting the grant of 169,723 share rights for nil consideration on 5 November 2026 under BHP's incentive plans.

Key Highlights

  • Director named: Brandon Craig, identified as Chief Executive Officer and Person Discharging Managerial Responsibilities (PDMR).
  • Total awards granted: 169,723 share rights granted for nil consideration on 5 November 2026.
  • Grant breakdown: 116,353 performance rights under the Long Term Incentive Plan; 26,685 deferred rights under the Cash and Deferred Plan eligible to vest in two years; and 26,685 deferred rights under the Cash and Deferred Plan eligible to vest in five years.
  • Post-change performance rights: 225,569 performance rights under the Long Term Incentive Plan held after the change, up from 109,216 prior.
  • Post-change deferred rights: 121,635 deferred rights under the Cash and Deferred Plan held after the change, up from 68,265 prior.
  • Direct ordinary shares unchanged: 40,860 direct ordinary shares and 22,500 indirect ordinary shares held through the Craig Family Trust remain unchanged.
  • Closed period: According to the filing, the interests were not traded during a closed period where prior written clearance was required.

Brandon Craig's Incentive Plan Awards at BHP Group Limited

According to the filing, BHP Group Limited (NYSE:BHP) submitted a Form 6-K dated 12 November 2026, enclosing an Appendix 3Y Change of Director's Interest Notice and a notification under the Persons Discharging Managerial Responsibilities (PDMR) disclosure framework. The notice covers Brandon Craig, identified as Chief Executive Officer, and reflects changes to his interests in BHP securities as of 5 November 2026.

The filing discloses that Craig received a total of 169,723 share rights for nil consideration. These consist of 116,353 performance rights under the Long Term Incentive Plan, which are subject to satisfying applicable service and performance conditions, and two tranches of 26,685 deferred rights each under the Cash and Deferred Plan - one eligible to vest in two years and one eligible to vest in five years, both subject to applicable service conditions and, for the five-year tranche, performance conditions as well. The filing describes each award as "a conditional award to receive one ordinary fully paid share in BHP Group Limited, subject to meeting the applicable service and/or performance conditions." The ISIN for the underlying shares is listed as AU000000BHP4, and the place of transaction is noted as the Australian Securities Exchange (ASX).

Prior to the change, Craig held 109,216 performance rights under the Long Term Incentive Plan and 68,265 deferred rights under the Cash and Deferred Plan. After the grant, those figures increased to 225,569 and 121,635, respectively. His holding of 47,200 awards under the Management Award Plan and his direct and indirect ordinary share positions remained unchanged. The filing was authorised for release by Stefanie Wilkinson, Group Company Secretary.

What Was Disclosed

BHP Group Limited disclosed the grant of 169,723 incentive plan share rights to CEO Brandon Craig on 5 November 2026, for nil consideration, under its Long Term Incentive Plan and Cash and Deferred Plan, with vesting subject to service and performance conditions.