I see your point. May be he got too many 'free shares' and wanted to sell 1/3rd of his holding which depressed the share price following the announcement. Looking at his last two years remuneration, his base salary is over AU$2.5 million (reported in US dollars). Obviously it wasn't enough to pay the tax obligations or diversify into other sectors.
Why price falling today?, page-57
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Last
$26.12 |
Change
0.600(2.35%) |
Mkt cap ! $49.59B | |||
| Open | High | Low | Value | Volume |
| $26.08 | $26.19 | $25.95 | $181.1M | 6.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13831 | $26.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.13 | 800 | 1 |
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| WDS (ASX) Chart |