NVM found it 1.5mil shares in Nov 2020.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02309891-3A555622?access_token=83ff96335c2d45a094df02a206a39ff4
Bugger all in the big scheme of things and about a 1/10th of his current holiding. Definitely doesn't sound like someone "cashing out" like you were inferring. Maybe a big tax bill was due.
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NVM found it 1.5mil shares in Nov 2020....
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