They will absolutely be a tax component related to this. Given there was a whole thread in October discussing this to death, I saw little point in repeating Groundhog day. Referring back to what I had dug up back then, the 660,493 were issued as SN's FY22 STI scheme which has obviously vested. One would think holders would be well across this by now, and that a CEO who agreed to take a large chunk of his renumeration in shares and options (in sharing the risk/reward of all shareholders) is a good thing. With that comes the necessary selling every now and then to pay tax liabilities when those options vest. I'd hate to be a CEO of a listed co. Some of the holders are higher maintenance than newborn babies.
618
Ann: Appendix 3Y - S Nicholls, page-9
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